(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 2024-03-01 View latest technical analysis
10 day averaged volume of Altair Engineering is 598940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 85.68 | 85.28 | 86.19 | 84.59 | 0.543 times |
| 29 Thu Feb 2024 | 85.08 | 85.36 | 85.97 | 84.80 | 1.234 times |
| 28 Wed Feb 2024 | 84.64 | 83.65 | 85.15 | 83.65 | 0.823 times |
| 27 Tue Feb 2024 | 84.56 | 85.66 | 86.00 | 84.06 | 0.883 times |
| 26 Mon Feb 2024 | 85.27 | 86.00 | 86.50 | 83.48 | 1.625 times |
| 23 Fri Feb 2024 | 85.52 | 87.48 | 88.82 | 82.50 | 1.831 times |
| 22 Thu Feb 2024 | 89.86 | 89.17 | 90.89 | 89.13 | 0.982 times |
| 21 Wed Feb 2024 | 86.91 | 86.85 | 87.54 | 85.85 | 0.698 times |
| 20 Tue Feb 2024 | 87.84 | 89.31 | 90.00 | 86.78 | 0.511 times |
| 16 Fri Feb 2024 | 90.47 | 91.70 | 91.84 | 90.01 | 0.58 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 85.5 as stoploss in an intra day buy trade for a target of 87.87. However, stock will show a bearish move below 85.5.
Share price targets for Altair Engineering (ALTR)
| Target Type | Value |
| Downside Target | 57.59 |
| Downside Target | 70.07 |
| Downside Target | 74.60 |
| Downside Target | 82.50 |
| Upside Target | 86.19 |
| 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 | 83.94 |
| Downside Intraday Target | 82.2 |
| Upside Intraday Target | 86.96 |
| Upside Intraday Target | 88.24 |
| Downside Intraday Target | 85.22 |
Weekly technical analysis of Altair Engineering (ALTR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 85.68 | 86.00 | 86.50 | 83.48 | 1.27 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 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 |
| 01 Fri Mar 2024 | 85.68 | 85.28 | 86.19 | 84.59 | 0.033 times |
| 29 Thu Feb 2024 | 85.08 | 85.77 | 92.92 | 82.50 | 1.025 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 |
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 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 Weak and stock is losing 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 SELL signal in short term and selling is picking up 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 86.23 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 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 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 Weak and stock is losing 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 SELL signal in short term and selling is picking up 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 86.23 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.