ALTAIR ENGINEERING INC - A (ALTR)

US0213691035 - Common Stock

87.33  -1.03 (-1.17%)

After market: 87.33 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, ALTR scores 7 out of 10 in our technical rating. Although ALTR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ALTR is one of the better performing stocks in the Software industry, it outperforms 71% of 277 stocks in the same industry.
ALTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ALTR is lagging the market slightly.
When compared to the yearly performance of all other stocks, ALTR outperforms 68% of them, which is more or less in line with the market.
In the last month ALTR has a been trading in the 77.41 - 93.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ALTR Weekly chart
ALTR Daily chart
Setup Rating and Analysis

2

Although ALTR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

69.29

93.83

4 important support areas can be observed.

  • A support zone ranging from 84.30 to 85.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @81.70 from a trend line in the daily time frame.
  • A support zone ranging from 79.03 to 79.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @69.99 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 92.26 to 92.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.2
Mansfield0.25
10 Day High93.69
10 Day Low86.72
20 Day High93.69
20 Day Low77.41
52 Week High93.69
52 Week Low57.59
Performance
1 Week-3.78%
2 Weeks-4.12%
1 Month6.83%
3 Month1.93%
6 Month20.79%
12 Month17.05%
2 Year58.9%
3 Year29.63%
5 Year129.15%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)49.1
LBB85.83
UBB93.8
ALTR Daily chart

ALTAIR ENGINEERING INC - A

NASDAQ:ALTR (5/31/2024, 7:22:56 PM)

After market: 87.33 0 (0%)

87.33

-1.03 (-1.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.17%
1 Week-3.78%
2 Weeks-4.12%
1 Month6.83%
3 Month1.93%
6 Month20.79%
12 Month17.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.06
ATR(20)%2.47%
ATR Inc
Range Today2.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High93.69
10 Day Low86.72
20 Day High93.69
20 Day Low77.41
52 Week High93.69
52 Week Low57.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume378.90K
Volume Incr-26.68%
Vol(5)284.98K
Vol(50)354.86K