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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Altair Engineering Inc. - Class A (NASDAQ:ALTR)
Bull Market Weakness (+75) - ALTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALTR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ALTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ALTR
The long-term trend has been DOWN since May 3rd, 2024 at 78.370
The intermediate-term trend has been UP since May 7th, 2024 at 84.615
The short-term trend has been UP since May 6th, 2024 at 82.640
Smart Scan Analysis for ALTR
Based on our trend formula, ALTR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 84.380 | 85.820 | 83.835 | 85.170 | -0.920 |
| Prev. Close | Volume | Bid | Ask | Time |
| 85.200 | 584436 | 2024-05-08 15:59:21 |
| Year High | 43.99 | Year High Date | 2018-10-01 |
| Year Low | 23.77 | Year Low Date | 2018-01-02 |
| 52wk High | 92.92 | 52wk High Date | 2024-02-09 |
| 52wk Low | 57.59 | 52wk Low Date | 2023-11-02 |
| Average Volume | 412,673 | Shares Outstanding | 80,712 |
| Market Cap | 2,358M | Assets | 137,991,100M |
| Liabilities | 616,983,000M | P/E Ratio | 710 |
| Volatility | 79.54 |