Wednesday May 22, 2019 Change 1.47% Price $37.30
Chart period: 2019-02-25 - 2019-05-22




Will ALTR stock price go up or down on Thu, 23 May 2019?


Altera Corp Forecast and Stock Analysis

Technical ALTR stock analysis for Wednesday May 22, 2019.

Buy candidate since 2019-05-21 Gain 1.47%
Shorts n/a
Insider % n/a
Institutional % 55.20%
Beta 1.59
ROA 0.51%
Price to book USD 8.66
P/E Ratio 240.80
Next Earnings Date 2019-08-11

Altera Corp gained 1.47% in the last trading day ( Wednesday, 22nd May 2019 ), rising from $36.76 to $37.30 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 3.51% from a day low at $36.45 to a day high of $37.73. The price has been going up and down for this period, and there has been a -0.61% loss for the last 2 weeks. Volume fell in the last day by -110 131 shares, and in total, 277 198 shares bought and sold for approximately $10.34 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the ALTR stock price was $39.54 and low was $33.64.
  • 90 day high was $39.95 and low was $32.67.
  • 52 week high for the Altera Corp - $43.99 and low - $25.28.


Given the current horizontal trend you can expect Altera Corp with 90% probability to be traded between $34.48 and $40.17 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies


Only positive signals in the chart today. Altera Corp holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $36.05 and $37.12. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday May 20, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 52 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Altera Corp finds support from accumulated volume at $35.99.

Support: $35.99 Price: $37.30 Resistance: $38.03


This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.28 between high and low, or 3.51%. For the last week, the stock has had a daily average volatility of 3.15%.

Our recommended stoploss: $35.76 (-4.14%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

3.15 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today ALTR ranks #1194 as BUY CANDIDATE #1194 Stronger Buy
ALTR $37.30 ($0.54 1.47%)
ALTR is up $0.54 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for ALTR based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for readers.

Click here – the ALTR analysis is free »

Will ALTR stock price go up or down
on Thu, 23 May 2019?


Proudly made at

Rise Vilnius
in partnership with
Barclays Bank