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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 2024-02-16 View latest technical analysis

10 day averaged volume of Altair Engineering is 404660

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	90.47	91.70	91.84	90.01	0.858 times
15 Thu Feb 2024	91.68	89.96	92.02	89.27	1.233 times
14 Wed Feb 2024	88.96	87.20	89.35	86.85	0.843 times
13 Tue Feb 2024	85.90	87.09	88.06	84.82	1.447 times
12 Mon Feb 2024	90.02	92.01	92.49	89.59	0.873 times
09 Fri Feb 2024	92.26	91.00	92.92	90.40	1.12 times
08 Thu Feb 2024	90.11	89.80	90.74	89.68	0.897 times
07 Wed Feb 2024	89.48	89.00	89.56	88.08	0.64 times
06 Tue Feb 2024	88.69	87.27	88.94	86.37	1.296 times
05 Mon Feb 2024	86.86	86.64	87.64	85.57	0.773 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90.1, but if it comes below 90.1, then a intra day sell could be more profitable.
If you take a sell trade below 90.1, then use 90.1 as stoploss and 87.96 as target. However if you take a buy trade in stock , then use 90.1 as stoploss and 92.6 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	82.60
Downside Target	86.99
Downside Target	88.04
Downside Target	88.99
Upside Target	92.49
Upside Target	92.92

Intraday share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Intraday Target	86.03
Downside Intraday Target	81.59
Upside Intraday Target	93.7
Upside Intraday Target	96.93
Downside Intraday Target	89.26

Weekly technical analysis of Altair Engineering (ALTR)

Date	Weekly Closing Price	Open	High	Low	Volume
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
26 Fri Jan 2024	85.24	86.91	88.99	84.89	1.311 times
19 Fri Jan 2024	85.72	83.14	86.99	82.60	5.558 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
16 Fri Feb 2024	90.47	85.77	92.92	84.02	0.487 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 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 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 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 SELL signal for Altair Engineering in short term but the sell signal is initial and weak.

Altair Engineering Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 89.38 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.