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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 2024-05-28 View latest technical analysis

10 day averaged volume of Altair Engineering is 314061

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	90.87	93.32	93.69	90.28	1.062 times
23 Thu May 2024	90.76	90.59	91.88	90.47	0.964 times
22 Wed May 2024	90.65	90.50	91.47	90.05	0.721 times
21 Tue May 2024	90.74	90.98	91.25	90.04	0.811 times
20 Mon May 2024	91.47	90.14	92.35	90.08	1.303 times
17 Fri May 2024	90.50	91.00	91.75	90.01	1.239 times
16 Thu May 2024	91.08	90.72	91.18	89.23	1.159 times
15 Wed May 2024	90.86	87.39	90.92	87.39	1.303 times
14 Tue May 2024	86.75	85.88	86.79	85.42	0.821 times
13 Mon May 2024	85.47	85.77	86.74	85.07	0.914 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90.5, but if it comes below 90.5, then a intra day sell could be more profitable.
If you take a sell trade below 90.5, then use 90.5 as stoploss and 86.62 as target. However if you take a buy trade in stock , then use 90.5 as stoploss and 95.1 as target.

Share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Target	75.98
Downside Target	80.00
Downside Target	84.18
Downside Target	88.99
Downside Target	90.04
Downside Target	90.28
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	89.54
Downside Intraday Target	88.2
Upside Intraday Target	92.95
Upside Intraday Target	95.02
Upside Intraday Target	91.61

Weekly technical analysis of Altair Engineering (ALTR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	90.87	93.32	93.69	90.28	0.28 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
03 Fri May 2024	81.47	83.96	84.18	77.41	1.663 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
28 Tue May 2024	90.87	80.79	93.69	77.41	0.867 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Altair Engineering in short term and BUY 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 90.08 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.