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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Altair Engineering Inc. - Class A (NASDAQ:ALTR)

Weak Downtrend (-65) - ALTR is showing signs of a strengthening downtrend. Monitor ALTR as it may be building momentum to the downside.

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.

NASDAQ_ALTR
Open High Low ALTR Price Change
88.760 90.055 87.250 87.600 +0.430
Entry Signal

MarketClub’s Trade Triangles for ALTR

long term up The long-term trend has been UP since May 24th, 2024 at 92.92

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 95.26

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 96.55

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).

-70
Smart Scan Analysis for ALTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.760 90.055 87.250 87.600 +0.430
Prev. Close Volume Bid Ask Time
87.170 309171 2024-07-26 15:59:48
Year High43.99Year High Date2018-10-01
Year Low23.77Year Low Date2018-01-02
52wk High101.38552wk High Date2024-07-12
52wk Low57.5952wk Low Date2023-11-02
Average Volume471,004Shares Outstanding83,033
Market Cap2,358MAssets137,991,100M
Liabilities616,983,000MP/E Ratio726.4167
Volatility79.54
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