Trading Signals: ALGN Stock Price Prediction and Forecast

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Thu. Jun. 9, 2016

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

(Align Technology Inc)
ALGN latest price $79.6900 (0.4%) ($78.9754 - $79.7800) on Thu. Jun. 9, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.34% (three month average)
RSI   77
Latest Price   $79.6900(0.4%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   ALGN advances 0.8% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off 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 -0.67% in a week (0% probabilities).
VIXM(-14%)    UUP(-13%)    TLT(-6%)    IBUY(-3%)    IPO(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.67% (StdDev 1.34%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $79(0.87%)
10 Day Moving Average   $79.07(0.78%)
20 Day Moving Average   $78.07(2.08%)
To recent high   0%
To recent low   16.4%
Market Cap   $6.278b

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 1.75% (three month std-dev: 1.34%) daily (68% of days).

Sample size 32 Average positive next day return: 0.89%(56%) Average negative next day return: -0.92%(44%) Sample size 32 Average positive next three day return: 2.4%(41%) Average negative next three day return: -1.19%(59%) Sample size 32 Average positive next weekly return: 2.58%(44%) Average negative next weekly return: -1.6%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160709

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	Jun_9_2016	70.97	78.07	79.07	79	78.95	79.23	79.69(0.4%)	UT	HoldLong	65	0.5	19	20	12	39	0.43	60%	0.28	59.4	1.34%	0	1.2	77	0
2	Jun_8_2016	70.77	77.9	78.99	78.99	78.85	78.96	79.37(0.67%)	UT	OpenLong	75	0.3	21	0	10	54	0.48	60%	0.28	65.9	1.34%	0	1.1	75	0
3	Jun_7_2016	70.57	77.76	78.93	78.99	78.91	78.67	78.84(0.18%)	UD	OpenLong	65	-0.1	13	-20	-4	63	0.52	60%	0.13	72.5	1.35%	0	0.8	74	0
4	Jun_6_2016	70.48	77.6	78.8	78.96	78.97	78.74	78.7(0.38%)	N/A	N/A	0	-0.2	-0	-20	-20	59	0.7	60%	0.27	71.9	1.37%	0	0.8	62	0
5	Jun_3_2016	70.29	77.41	78.69	79.05	79.12	79.15	78.4(-1.54%)	UD	OpenLong	65	-0.4	17	10	-3	78	0.9	60%	0.27	78	1.37%	0	0.7	66	0

6	Jun_2_2016	70.1	77.27	78.48	79.12	79.11	79.19	79.63(0.52%)	UT	HoldLong	65	0.3	29	10	9	88	0.76	65%	0.3	84.1	1.36%	0	1.6	76	0
7	Jun_1_2016	69.89	77.03	78.12	78.99	78.96	79.1	79.22(0.49%)	UT	OpenLong	75	0.2	25	10	5	83	0.68	70%	0.26	84.4	1.37%	0	1.5	68	0
8	May_31_2016	69.71	76.81	77.8	78.91	78.92	79.02	78.83(-0.44%)	UD	OpenLong	75	-0.1	34	10	17	83	0.79	65%	0.35	85.7	1.38%	0	1.4	64	0
9	May_27_2016	69.47	76.62	77.61	78.62	78.71	78.82	79.18(0.56%)	UT	OpenLong	75	0.3	30	10	13	80	0.65	70%	0.23	73.5	1.4%	0	1.6	72	0
10	May_26_2016	69.31	76.28	77.3	78.27	78.4	78.81	78.74(-0.33%)	UD	OpenLong	75	0.3	40	40	26	83	0.62	70%	0.2	64.6	1.41%	0	1.5	74	0

11	May_25_2016	69.17	76.02	76.99	77.71	77.98	78.61	79(0.28%)	UT	OpenLong	75	0.8	56	70	49	77	0.95	70%	0.2	60.5	1.42%	0	2	67	0
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		45.8	2.16%	0	1.9	60	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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