(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.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Altair Engineering is 426580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 85.20 | 84.38 | 85.82 | 83.84 | 1.648 times |
| 07 Tue May 2024 | 86.09 | 82.89 | 86.15 | 82.76 | 1.173 times |
| 06 Mon May 2024 | 83.02 | 81.66 | 83.32 | 81.48 | 0.84 times |
| 03 Fri May 2024 | 81.47 | 78.21 | 81.87 | 77.41 | 0.994 times |
| 02 Thu May 2024 | 81.75 | 81.67 | 81.97 | 80.23 | 1.151 times |
| 01 Wed May 2024 | 81.41 | 80.79 | 82.64 | 79.84 | 0.985 times |
| 30 Tue Apr 2024 | 80.45 | 82.35 | 83.08 | 80.19 | 1.103 times |
| 29 Mon Apr 2024 | 82.46 | 83.96 | 84.18 | 82.07 | 1.637 times |
| 26 Fri Apr 2024 | 83.58 | 83.53 | 84.38 | 83.51 | 0.65 times |
| 25 Thu Apr 2024 | 83.18 | 82.01 | 83.45 | 82.01 | 0.865 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 85.7, for a target of 84 or 82.48
Share price targets for Altair Engineering (ALTR)
| Target Type | Value |
| Downside Target | 75.98 |
| Downside Target | 80.00 |
| Downside Target | 84.18 |
| Downside Target | 84.62 |
| Upside Target | 86.15 |
| Upside Target | 86.98 |
| Upside Target | 87.69 |
| Upside Target | 88.99 |
| Upside Target | 92.92 |
Intraday share price targets for Altair Engineering (ALTR)
| Target Type | Value |
| Downside Intraday Target | 82.4 |
| Downside Intraday Target | 79.61 |
| Upside Intraday Target | 87.07 |
| Upside Intraday Target | 88.95 |
| Downside Intraday Target | 84.28 |
Weekly technical analysis of Altair Engineering (ALTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 85.20 | 81.66 | 86.15 | 81.48 | 0.624 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 |
| 19 Fri Apr 2024 | 82.32 | 82.37 | 83.51 | 80.00 | 1.141 times |
| 12 Fri Apr 2024 | 82.10 | 84.66 | 86.98 | 81.65 | 1.165 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 |
| 08 Wed May 2024 | 85.20 | 80.79 | 86.15 | 77.41 | 0.377 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 | 1.025 times |
Scroll below to view daily charts
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)
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Altair Engineering stock for short term is BUY. Signal strength is Weak 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Altair Engineering in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Altair Engineering is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 82.96 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.
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Altair Engineering stock for short term is BUY. Signal strength is Weak 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Altair Engineering in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Altair Engineering is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 82.96 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.