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(ALTR) Altair Engineering complete technical analysis [charts+indicators] | Buy/Sell Altair Engineering | (ALTR) share price targets

Complete technical analysis of Altair Engineering (ALTR) by charts plus indicators, forecast predictions and share price targets for Altair Engineering (ALTR)

Altair Engineering trades in USA in Technology sector.

10 day averaged volume of Altair Engineering is 314061

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 90.76 90.59 91.88 90.47 0.964 times
22 Wed May 2024 90.65 90.50 91.47 90.05 0.721 times
21 Tue May 2024 90.74 90.98 91.25 90.04 0.811 times
20 Mon May 2024 91.47 90.14 92.35 90.08 1.303 times
17 Fri May 2024 90.50 91.00 91.75 90.01 1.239 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90, but if it comes below 90, then a intra day sell could be more profitable.
If you take a sell trade below 90, then use 90 as stoploss and 86.25 as target. However if you take a buy trade in stock , then use 90 as stoploss and 94.5 as target.

Share price targets for Altair Engineering (ALTR)

Target Type Value
Downside Target 75.98
Downside Target 80.00
Downside Target 84.18
Downside Target 86.98
Downside Target 87.69
Downside Target 88.99
Downside Target 90.04
Upside Target 91.75
Upside Target 92.35
Upside Target 92.92

Intraday share price targets for Altair Engineering (ALTR)

Target Type Value
Downside Intraday Target 89.75
Downside Intraday Target 88.74
Upside Intraday Target 92.06
Upside Intraday Target 93.36
Upside Intraday Target 91.05

Weekly technical analysis of Altair Engineering (ALTR)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 90.76 90.14 92.35 90.04 0.699 times
17 Fri May 2024 90.50 85.77 91.75 85.07 0.816 times
10 Fri May 2024 85.64 81.66 86.38 81.48 0.836 times
03 Fri May 2024 81.47 83.96 84.18 77.41 1.663 times
26 Fri Apr 2024 83.58 83.06 84.62 81.30 0.79 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Altair Engineering (ALTR)

Date Monthly Closing Price Open High Low Volume
23 Thu May 2024 90.76 80.79 92.35 77.41 0.823 times
30 Tue Apr 2024 80.45 86.54 86.98 80.00 1.03 times
28 Thu Mar 2024 86.15 85.28 87.69 78.37 0.762 times
29 Thu Feb 2024 85.08 85.77 92.92 82.50 1.06 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Altair Engineering (ALTR)

Indicator Name Indicator Value Indicator Signal
ADX 30, 9, 56 Buy
MACD 4, 3Buy
Stochastics 79Buy
CCI 60Buy
RSI 63Buy
OBV 16026Sell
VWAP 90Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Altair Engineering ( (ALTR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Altair Engineering ( (ALTR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Altair Engineering ( (ALTR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Altair Engineering ( (ALTR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Altair Engineering stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Altair Engineering in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Altair Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Altair Engineering in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Altair Engineering is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 89.66 and Altair Engineering (ALTR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Altair Engineering (ALTR) stock. Volume based technical analysis of Altair Engineering (ALTR) stock is negative.

Altair Engineering Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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