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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

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

Bear Market Rally (-75) - ALTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ALTR as it may be in the beginning 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.

NASDAQ_ALTR
Open High Low ALTR Price Change
71.110 71.680 70.410 71.155 -1.145
Entry Signal

MarketClub’s Trade Triangles for ALTR

long term down The long-term trend has been DOWN since Aug 4th, 2023 at 65.560

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 66.070

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 71.535

Smart Scan Analysis for ALTR

Based on our trend formula, ALTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ALTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.110 71.680 70.410 71.155 -1.145
Prev. Close Volume Bid Ask Time
72.300 51371 2023-12-04 10:17:57
Year High43.99Year High Date2018-10-01
Year Low23.77Year Low Date2018-01-02
52wk High78.489952wk High Date2023-06-13
52wk Low43.677252wk Low Date2022-12-27
Average Volume337,777Shares Outstanding81,662
Market Cap2,358MAssets125,199,100M
Liabilities617,873,000MVolatility79.54
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