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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 2024-06-07 View latest technical analysis

10 day averaged volume of Altair Engineering is 286270

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	85.46	85.45	86.30	85.00	1.02 times
06 Thu Jun 2024	86.22	88.52	88.96	85.94	0.888 times
05 Wed Jun 2024	89.18	87.98	89.41	87.50	0.808 times
04 Tue Jun 2024	87.10	86.07	87.44	85.38	0.898 times
03 Mon Jun 2024	86.52	87.81	87.96	84.69	1.429 times
31 Fri May 2024	87.33	88.81	89.08	86.72	1.324 times
30 Thu May 2024	88.36	89.47	89.47	88.27	0.75 times
29 Wed May 2024	89.68	89.96	90.79	89.22	0.89 times
28 Tue May 2024	90.87	93.32	93.69	90.28	1.165 times
23 Thu May 2024	90.76	90.59	91.88	90.47	1.057 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 86.3, but if it comes above 86.3, then a intra day buy could be more profitable.
If you take a sell trade below 86.3, then use 86.3 as stoploss and 83.7 as target. However if you take a buy trade in stock , then use 86.3 as stoploss and 88.52 as target.

Share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Target	77.41
Downside Target	80.00
Downside Target	84.69
Upside Target	89.41
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	83.63
Downside Intraday Target	81.8
Upside Intraday Target	88.35
Upside Intraday Target	91.24
Upside Intraday Target	86.52

Weekly technical analysis of Altair Engineering (ALTR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	85.46	87.81	89.41	84.69	1.221 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
07 Fri Jun 2024	85.46	87.81	89.41	84.69	0.192 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 coming down

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 and the buying is gaining 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 88.1 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.