ALTAIR ENGINEERING INC - A (ALTR)
US0213691035 - Common Stock
Overall ALTR gets a technical rating of 4 out of 10. ALTR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ALTR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ALTR is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, ALTR turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
ALTR is an average performer in the Software industry, it outperforms 61% of 276 stocks in the same industry.
In the last month ALTR has a been trading in the 80.00 - 86.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ALTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.27, a Stop Loss order could be placed below this zone.
More info and screens
67.61
93.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 81.89 to 82.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 @68.29 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 83.10 to 83.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @85.79 from a horizontal line in the daily time frame.
- A resistance zone ranging from 92.26 to 92.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.1
Mansfield0.16
10 Day High84.62
10 Day Low80
20 Day High86.98
20 Day Low80
52 Week High92.92
52 Week Low57.59
Performance
1 Week1.53%
2 Weeks1.8%
1 Month-2.98%
3 Month-1.95%
6 Month40.49%
12 Month21.04%
2 Year53.87%
3 Year28.58%
5 Year111.92%
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)0.17
RSI(14)51.58
LBB79.9
UBB85.11
ALTAIR ENGINEERING INC - A
NASDAQ:ALTR (4/29/2024, 1:15:16 PM)
82.96
-0.62 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.74%
1 Week1.53%
2 Weeks1.8%
1 Month-2.98%
3 Month-1.95%
6 Month40.49%
12 Month21.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.06
ATR(20)%2.52%
ATR Inc
Range Today1.83
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 High84.62
10 Day Low80
20 Day High86.98
20 Day Low80
52 Week High92.92
52 Week Low57.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume169.91K
Volume Incr-10.79%
Vol(5)301.20K
Vol(50)399.27K