Trading Signals: ALGN Stock Price Prediction and Forecast

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Tue. May. 24, 2016

Trading Signals: ALGN Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Align Technology Inc)
ALGN latest price $78.7800 (1.81%) ($77.5400 - $78.9400) on Tue. May. 24, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.43% (three month average)
RSI   70
Latest Price   $78.7800(1.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.7% a day on average for past five trading days.
Weekly Trend   ALGN advances 1.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
IWO(55%)    VT(55%)    VUG(55%)    IVW(54%)    IWF(54%)
Factors Impacting ALGN price   ALGN will decline at least -0.715% in a week (0% probabilities).
VIXM(-14%)    UUP(-13%)    TLT(-6%)    IBUY(-3%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.715% (StdDev 1.43%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $77.12(2.15%)
10 Day Moving Average   $76.71(2.7%)
20 Day Moving Average   $75.8(3.93%)
To recent high   0%
To recent low   24.4%
Market Cap   $6.206b

Align Technology, Inc. engages in the manufacture, design, and marketing of global medical devices. It operates through the Clear Aligner, and Scanner and Services segments. The Clear Aligner segment consists of invisalign full, teen and assist products, and vivera retainers along with training and ancillary products for treating malocclusion. The Scanner and Services segment comprises of intraoral scanning systems and additional services available with the intraoral scanners that provide digital alternatives to the traditional cast models. The company was founded by Zia Chishti, Brian Freyburger and Kelsey Wirth in March 1997 and is headquartered in San Jose, CA.

$. ALGN price fluctuates within 1.81% (three month std-dev: 1.43%) daily (68% of days).

Sample size 48 Average positive next day return: 0.67%(46%) Average negative next day return: -1.22%(54%) Sample size 48 Average positive next three day return: 1.27%(48%) Average negative next three day return: -1.74%(52%) Sample size 48 Average positive next weekly return: 1.41%(54%) Average negative next weekly return: -2.24%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160624

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_24_2016	69.03	75.8	76.71	77.12	77.23	77.98	78.78(1.81%)	UT	OpenLong	75	1.2	48	70	43	64	0.81	70%	0.22	59.7	1.43%	0	2.2	70	0
2	May_23_2016	68.88	75.58	76.46	76.55	76.69	77.36	77.38(-0.06%)	UD	OpenLong	75	0.7	42	70	38	54	1.01	67%	0.13	61.9	1.42%	0	1.5	65	0
3	May_20_2016	68.79	75.43	76.28	76.47	76.41	76.49	77.43(1.92%)	UT	OpenLong	75	0.8	29	0	22	48	0.78	67%	0.17	64.7	1.45%	0	1.7	63	0
4	May_19_2016	68.67	75.24	76.01	76.2	76.35	76.02	75.97(-0.08%)	UD	OpenLong	65	-0.2	2	-20	-11	40	0.66	63%	0.15	62.1	1.44%	0	0.6	71	0
5	May_18_2016	68.57	75.11	75.97	76.15	76.37	76.34	76.03(0.09%)	UD	OpenLong	65	-0.1	3	10	-13	49	1.03	63%	0.15	60.5	1.44%	0	0.8	61	0

6	May_17_2016	68.47	74.99	75.86	76.21	76.36	76.69	75.96(-1.33%)	UD	OpenLong	75	-0.2	20	40	7	59	0.69	63%	0.15	61.6	1.45%	0	0.8	55	0
7	May_16_2016	68.37	74.84	75.76	76.33	76.39	76.4	76.98(1.18%)	UT	OpenLong	75	0.5	33	0	20	71	0.57	72%	0.13	64.6	1.45%	0	1.7	59	0
8	May_13_2016	68.28	74.67	75.56	76.05	76.3	76.03	76.08(0.48%)	UD	OpenLong	65	0	11	-10	-3	54	0.48	72%	0.16	64.3	1.57%	0	1.2	58	0
9	May_12_2016	68.17	74.54	75.2	75.78	76.13	76.38	75.72(-0.8%)	UD	OpenLong	75	-0.1	11	40	1	41	0.55	72%	0.16	60.5	1.58%	0	1	59	0
10	May_11_2016	68.06	74.41	75	75.75	75.8	76.57	76.33(-0.3%)	UD	OpenLong	75	0.5	40	70	35	56	0.63	72%	0.16	63.2	1.57%	0	1.7	64	0

11	May_10_2016	67.95	74.24	74.83	75.44	75.42	75.87	76.56(1.3%)	UT	OpenLong	75	1.1	44	40	40	55	0.73	72%	0.19	57.3	1.61%	0	2.2	63	0
12	May_9_2016	67.82	74.06	74.63	75.11	74.94	75.04	75.58(1.18%)	UT	OpenLong	75	0.5	16	0	7	42	0.93	72%	0.18	61.3	1.62%	0	1.7	63	0
13	May_6_2016	67.7	73.94	74.49	75.01	74.78	74.96	74.7(-1.14%)	UD	OpenLong	75	-0.4	18	10	12	35	0.98	47%	0.16	62.7	2.15%	0	0.9	56	0
14	May_5_2016	67.59	73.86	74.41	74.51	74.52	74.85	75.56(1.02%)	UT	OpenLong	75	1.2	20	30	17	28	1.27	44%	0.15	45.8	2.16%	0	1.9	60	0
15	May_4_2016	67.49	73.7	74.18	74.14	74.05	74.59	74.8(-0.13%)	UD	OpenLong	75	0.8	12	50	10	18	0.8	44%	0.13	37.6	2.18%	0	1.4	59	0

16	May_3_2016	67.4	73.63	74.05	74.13	73.99	74.19	74.9(-0.27%)	UD	OpenLong	75	0.9	19	10	17	23	1.1	44%	0.15	45.9	2.18%	0	1.5	60	0
17	May_2_2016	67.3	73.5	73.85	74.09	73.93	73.52	75.1(4.03%)	N/A	N/A	0	1.3	-2	-50	-7	12	1.37	44%	0.16	46.6	2.18%	0	2.1	61	0
18	Apr_29_2016	67.19	73.4	73.69	73.93	74.15	73.78	72.19(-2.05%)	N/A	N/A	0	-2.6	-14	-30	-20	6	1.51	56%	0.1	67	2.12%	0	-1.8	43	0
19	Apr_28_2016	67.12	73.45	73.84	74.27	74.34	74.34	73.7(-1.44%)	UD	OpenLong	75	-0.9	5	0	-0	19	0.87	52%	0.13	105.8	2.51%	0	0.4	57	0
20	Apr_27_2016	67.03	73.4	73.79	74.19	74.14	74.51	74.78(0.11%)	UT	OpenLong	75	0.9	12	30	8	23	0.45	52%	0.13	114.9	2.53%	0	2	74	0

21	Apr_26_2016	66.94	73.26	73.62	73.94	73.94	74.35	74.7(0.57%)	UT	OpenLong	75	1.2	20	40	19	22	0.57	55%	0.13	131.4	2.54%	0	2.3	58	0
22	Apr_25_2016	66.85	73.15	73.45	73.58	73.62	73.77	74.28(0.56%)	UT	OpenLong	75	0.9	10	20	8	14	0.46	55%	0.13	113.8	2.56%	0	1.4	66	0
23	Apr_22_2016	66.76	72.96	73.34	73.45	73.47	73.53	73.87(0.78%)	UT	OpenLong	75	0.6	4	10	2	9	0.7	55%	0.12	124	2.57%	0	1.2	53	0
24	Apr_21_2016	66.68	72.79	73.26	73.37	73.49	73.47	73.3(-0.34%)	UD	OpenLong	75	-0.1	4	0	3	8	0.44	55%	0.09	108.6	2.57%	0	0.5	52	0
25	Apr_20_2016	66.62	72.62	73.19	73.34	73.4	73.41	73.55(0.89%)	UT	OpenLong	75	0.2	2	0	-0	6	0.91	55%		79.2	2.57%	0	0.8	56	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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