Altair Engineering (ALTR, $83.18) entered Downtrend as Momentum indicator drops below 0 level on Apr 25, 2024

A.I.dvisor
at Tickeron.com
04/26/24
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ALTR - Altair Engineering
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $83.18
Daily change: -$0.28 (-0.33%)
Daily volume: 369.1K
Capitalization: $6.9B
Industry: Packaged Software
This indicator may be signaling that ALTR's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 86 similar cases where ALTR's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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ALTRDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of software solutions for product design and development applications

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
1820 East Big Beaver Road
Phone
+1 248 614-2400
Employees
3200
Web
https://www.altair.com