Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Altair Engineering Inc. - Class A (NASDAQ:ALTR)
Countertrend Up (+85) - ALTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for ALTR
The long-term trend has been UP since Jan 18th, 2023 at 50.74
The intermediate-term trend has been UP since Jan 9th, 2023 at 47.43
The short-term trend has been DOWN since Mar 24th, 2023 at 68.17
Smart Scan Analysis for ALTR
Based on our trend formula, ALTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||43.99||Year High Date||2018-10-01|
|Year Low||23.77||Year Low Date||2018-01-02|
|52wk High||70.54||52wk High Date||2023-03-17|
|52wk Low||43.17||52wk Low Date||2022-10-13|
|Average Volume||431,032||Shares Outstanding||80,068|