(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 2024-06-04 View latest technical analysis
10 day averaged volume of Altair Engineering is 317309
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 87.10 | 86.07 | 87.44 | 85.38 | 0.811 times |
| 03 Mon Jun 2024 | 86.52 | 87.81 | 87.96 | 84.69 | 1.29 times |
| 31 Fri May 2024 | 87.33 | 88.81 | 89.08 | 86.72 | 1.194 times |
| 30 Thu May 2024 | 88.36 | 89.47 | 89.47 | 88.27 | 0.677 times |
| 29 Wed May 2024 | 89.68 | 89.96 | 90.79 | 89.22 | 0.803 times |
| 28 Tue May 2024 | 90.87 | 93.32 | 93.69 | 90.28 | 1.051 times |
| 23 Thu May 2024 | 90.76 | 90.59 | 91.88 | 90.47 | 0.954 times |
| 22 Wed May 2024 | 90.65 | 90.50 | 91.47 | 90.05 | 0.713 times |
| 21 Tue May 2024 | 90.74 | 90.98 | 91.25 | 90.04 | 0.802 times |
| 20 Mon May 2024 | 91.47 | 90.14 | 92.35 | 90.08 | 1.29 times |
My analysis of stock is bearish for shortterm, and stock might move down till 85.7 or till 82.6. Use a stoploss of 88.19 and if the stock hits stoploss, then it can shoot up till 90.71
Share price targets for Altair Engineering (ALTR)
| Target Type | Value |
| Downside Target | 77.41 |
| Downside Target | 80.00 |
| Downside Target | 84.69 |
| Upside Target | 87.96 |
| Upside Target | 90.04 |
| Upside Target | 91.75 |
| Upside Target | 92.35 |
| Upside Target | 92.92 |
| Upside Target | 93.69 |
Intraday share price targets for Altair Engineering (ALTR)
| Target Type | Value |
| Downside Intraday Target | 85.21 |
| Downside Intraday Target | 83.31 |
| Upside Intraday Target | 88.48 |
| Upside Intraday Target | 89.85 |
| Downside Intraday Target | 86.58 |
Weekly technical analysis of Altair Engineering (ALTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 87.10 | 87.81 | 87.96 | 84.69 | 0.564 times |
| 31 Fri May 2024 | 87.33 | 93.32 | 93.69 | 86.72 | 0.991 times |
| 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 |
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 |
| 04 Tue Jun 2024 | 87.10 | 87.81 | 87.96 | 84.69 | 0.089 times |
| 31 Fri May 2024 | 87.33 | 80.79 | 93.69 | 77.41 | 0.977 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 |
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 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 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 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 Weak 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 weakening, and bulls are picking up momentum!
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 buy signal for Altair Engineering in short term but BUY signal is weak.
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 89.29 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.
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 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 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 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 Weak 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 weakening, and bulls are picking up momentum!
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 buy signal for Altair Engineering in short term but BUY signal is weak.
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 89.29 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.