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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 2024-09-05 View latest technical analysis

10 day averaged volume of Altair Engineering is 367723

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	86.04	86.30	87.12	85.39	0.501 times
04 Wed Sep 2024	86.59	86.24	87.32	85.43	0.715 times
03 Tue Sep 2024	87.25	89.70	89.70	86.69	1.009 times
30 Fri Aug 2024	90.36	90.36	91.32	89.66	1.968 times
30 Fri Aug 2024	90.36	90.36	91.33	89.66	1.968 times
29 Thu Aug 2024	89.48	89.88	90.97	88.97	0.54 times
28 Wed Aug 2024	88.86	90.18	90.21	88.35	0.907 times
27 Tue Aug 2024	90.26	89.49	90.95	89.44	0.503 times
26 Mon Aug 2024	90.15	90.77	91.01	89.55	0.791 times
23 Fri Aug 2024	90.41	90.08	90.84	89.33	0.853 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 85.5, for a target of 87.5 or 89.2

Share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Target	75.71
Downside Target	77.41
Downside Target	84.53
Upside Target	91.32
Upside Target	91.33
Upside Target	91.95
Upside Target	92.25
Upside Target	93.69
Upside Target	100.79
Upside Target	101.39

Intraday share price targets for Altair Engineering (ALTR)

Target Type	Value
Downside Intraday Target	84.39
Downside Intraday Target	82.73
Upside Intraday Target	88.7
Upside Intraday Target	91.35
Upside Intraday Target	87.04

Weekly technical analysis of Altair Engineering (ALTR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	86.04	89.70	89.70	85.39	1.131 times
30 Fri Aug 2024	90.36	90.36	91.32	89.66	0.418 times
30 Fri Aug 2024	90.36	90.77	91.33	88.35	0.717 times
23 Fri Aug 2024	90.41	91.42	92.25	84.53	1.513 times
16 Fri Aug 2024	91.35	89.07	91.95	87.30	0.651 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
05 Thu Sep 2024	86.04	89.70	89.70	85.39	0.079 times
30 Fri Aug 2024	90.36	87.99	92.25	75.71	1.097 times
31 Wed Jul 2024	88.36	98.04	101.39	86.39	0.426 times
28 Fri Jun 2024	98.08	87.81	100.79	84.69	2.951 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Altair Engineering stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Altair Engineering in short term and the sell signal is strong.

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 red color and prices are below the red 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 SELL signal in short term but selling is losing 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 89.33 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.