Technical Analysis for ALTR - Altair Engineering Inc.

Grade Last Price % Change Price Change
grade B 37.32 0.84% 0.31
ALTR closed up 0.84 percent on Friday, May 24, 2019, on 1.64 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Up
See historical ALTR trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Overbought Stochastic Strength 0.00%
50 DMA Resistance Bearish 0.84%
20 DMA Support Bullish 0.84%
Stochastic Reached Overbought Strength 0.84%
Overbought Stochastic Strength 0.84%
50 DMA Resistance Bearish 0.05%
Crossed Above 20 DMA Bullish 0.05%
MACD Bullish Signal Line Cross Bullish 0.05%

Older signals for ALTR ...

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Profile
Altair Engineering Inc. is a United States-based software company. The Company is focused on developing engineering software and computing technologies. The Company’s products include HyperWorks, solidThinking, PBS Works, and Carriots. The Company offers a range of solutions such as product engineering, industrial design, and tailored solutions. The Company provides open CAE software solutions for modeling, visualization, optimization and process automation. Altair's grid computing software, PBS Pro, is a workload management solution for computing environments, LINUX clusters and desktop cycle harvesting.
Computing Software Software Solutions Application Software Linux Grid Computing
Is ALTR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 43.99
52 Week Low 25.28
Average Volume 205,848
200-Day Moving Average 35.3524
50-Day Moving Average 37.26
20-Day Moving Average 36.823
10-Day Moving Average 36.071
Average True Range 1.2384
ADX 16.28
+DI 27.3714
-DI 21.7184
Chandelier Exit (Long, 3 ATRs ) 35.8248
Chandelier Exit (Short, 3 ATRs ) 37.3552
Upper Bollinger Band 39.3546
Lower Bollinger Band 34.2914
Percent B (%b) 0.6
BandWidth 13.750102
MACD Line -0.1437
MACD Signal Line -0.2608
MACD Histogram 0.1171
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.93
Resistance 3 (R3) 39.00 38.55 38.66
Resistance 2 (R2) 38.55 38.14 38.51 38.57
Resistance 1 (R1) 37.93 37.89 38.24 37.86 38.48
Pivot Point 37.48 37.48 37.63 37.44 37.48
Support 1 (S1) 36.86 37.07 37.17 36.79 36.16
Support 2 (S2) 36.41 36.82 36.37 36.07
Support 3 (S3) 35.79 36.41 35.98
Support 4 (S4) 35.72