Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

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

Long-Term Uptrend (+90) - ALTR is in a strong uptrend that is likely to continue. While ALTR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
105.73 105.87 105.48 105.62 -0.12
Entry Signal

MarketClub’s Trade Triangles for ALTR

long term up The long-term trend has been UP since Oct 22nd, 2024 at 101.385

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2024 at 91.325

short term up The short-term trend has been UP since Dec 6th, 2024 at 105.850

Smart Scan Analysis for ALTR

Based on our trend formula, ALTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ALTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.73 105.87 105.48 105.62 -0.12
Prev. Close Volume Bid Ask Time
105.74 215855 2024-12-06 14:02:51
Year High43.99Year High Date2018-10-01
Year Low23.77Year Low Date2018-01-02
52wk High113.1252wk High Date2024-10-29
52wk Low70.0752wk Low Date2023-12-07
Average Volume996,667Shares Outstanding85,081
Market Cap2,358MAssets137,786,800M
Liabilities540,968,000MP/E Ratio257.9024
Volatility79.54
Get a free daily analysis and signals for Altair Engineering Inc. - Class A (ALTR) - Request Your Free Report.