A finite element program for elastic stress wave propagation is developed in order to investigate the shape of stress field and analysis the magnitude of stress wave intensity at time increment. Accuracy and reliance of the finite element analysis are acquired when the element size is smaller than the product of the stress wave speed and the critical value of increasing time step. In the finite element analysis and theoretical solution, the longitudinal stress wave is propagated to the similar direction of impact load, and the stress wave intensity is expressed in terms of the ratio of propagated area. The direction of shear wave is declined at an angle of 45 degrees compared with longitudinal stress wave and the speed of shear wave is half of the longitudinal stress wave.