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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.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Altair Engineering is 568460

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	84.64	83.65	85.15	83.65	0.867 times
27 Tue Feb 2024	84.56	85.66	86.00	84.06	0.931 times
26 Mon Feb 2024	85.27	86.00	86.50	83.48	1.712 times
23 Fri Feb 2024	85.52	87.48	88.82	82.50	1.929 times
22 Thu Feb 2024	89.86	89.17	90.89	89.13	1.035 times
21 Wed Feb 2024	86.91	86.85	87.54	85.85	0.735 times
20 Tue Feb 2024	87.84	89.31	90.00	86.78	0.539 times
16 Fri Feb 2024	90.47	91.70	91.84	90.01	0.611 times
15 Thu Feb 2024	91.68	89.96	92.02	89.27	0.878 times
14 Wed Feb 2024	88.96	87.20	89.35	86.85	0.6 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.5, but if it comes above 85.5, then a intra day buy could be more profitable.
If you take a sell trade below 85.5, then use 85.5 as stoploss and 82.7 as target. However if you take a buy trade in stock , then use 85.5 as stoploss and 87.88 as target.

Share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Target	57.59
Downside Target	59.02
Downside Target	68.08
Downside Target	70.07
Downside Target	74.60
Downside Target	82.50
Upside Target	86.50
Upside Target	88.04
Upside Target	88.99
Upside Target	90.89
Upside Target	92.49
Upside Target	92.92

Intraday share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Intraday Target	83.25
Downside Intraday Target	81.85
Upside Intraday Target	86.27
Upside Intraday Target	87.89
Upside Intraday Target	84.87

Weekly technical analysis of Altair Engineering (ALTR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	84.64	86.00	86.50	83.48	0.828 times
23 Fri Feb 2024	85.52	89.31	90.89	82.50	1.133 times
16 Fri Feb 2024	90.47	92.01	92.49	84.82	1.112 times
09 Fri Feb 2024	92.26	86.64	92.92	85.57	1.203 times
02 Fri Feb 2024	87.66	85.40	88.04	84.02	0.678 times

Price has moved down 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
28 Wed Feb 2024	84.64	85.77	92.92	82.50	0.947 times
31 Wed Jan 2024	85.02	82.31	88.99	75.98	1.184 times
29 Fri Dec 2023	84.15	72.55	84.92	70.07	1.063 times
30 Thu Nov 2023	72.46	61.96	74.60	57.59	1.255 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Altair Engineering ( (ALTR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Altair Engineering in short term but the sell signal is initial and weak.

Altair Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Altair Engineering in short term and SELL 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 87.06 and Altair Engineering (ALTR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.