Trading Signals: ALGN Stock Price Prediction and Forecast

^ ALGN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Aug. 31, 2016

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

(Align Technology Inc)
ALGN latest price $92.9000 (-0.31%) ($92.3400 - $93.4400) on Wed. Aug. 31, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.25% (three month average)
RSI   43
Latest Price   $92.9000(-0.31%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.1% a day on average for past five trading days.
Weekly Trend   ALGN declines -1% 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 -0.625% in a week (0% probabilities).
VIXM(-14%)    UUP(-12%)    TLT(-6%)    IPO(-2%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.625% (StdDev 1.25%)
Hourly BBV 0 ()
Intraday Trend -0.2%

Resistance Level   $93.51
5 Day Moving Average   $92.85(0.05%)
10 Day Moving Average   $93.38(-0.51%)
20 Day Moving Average   $93.51(-0.65%)
To recent high   -3.2%
To recent low   20.3%
Market Cap   $7.319b

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 1.36% (three month std-dev: 1.25%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: 0%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -1.83%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -1.19%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161001

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	Aug_31_2016	82.06	93.51	93.38	92.85	93.02	93.08	92.9(-0.31%)	DP	OpenShort	-65	0	-11	10	2	-49	0.67	63%	0.24	61	1.25%	0	-0.5	43	INF
2	Aug_30_2016	81.86	93.47	93.4	92.75	92.76	93.23	93.19(-0.28%)	DP	OpenShort	-65	0.3	-4	40	11	-50	0.87	63%	0.24	75.7	1.25%	0	-0.2	51	INF
3	Aug_29_2016	81.66	93.35	93.54	92.83	92.7	92.96	93.45(0.84%)	N/A	N/A	0	0.4	4	20	18	-39	0.57	63%	0.25	81.6	1.26%	0	0.1	53	INF
4	Aug_26_2016	81.46	93.18	93.78	93.02	92.89	92.3	92.67(0.71%)	DP	OpenShort	-75	-0.2	-27	-50	-25	-33	0.62	63%	0.26	91.3	1.25%	0	-0.3	56	INF
5	Aug_25_2016	81.25	93.03	94.07	93.45	93.38	92.44	92.02(-0.42%)	DT	OpenShort	-75	-0.6	-56	-70	-67	-21	1.02	63%	0.22	82.1	1.26%	0	-0.4	54	INF

6	Aug_24_2016	81.07	92.73	94.35	93.99	94.08	93.48	92.41(-1.28%)	CR	SmallShort	-20	-0.5	-25	-40	-40	20	0.72	65%	0.26	79.4	1.25%	0	-0.1	56	INF
7	Aug_23_2016	80.86	92.41	94.48	94.11	94.27	94.32	93.61(-0.84%)	N/A	N/A	0	-0.2	-3	10	-17	40	0.81	67%	0.25	75.8	1.25%	0	0.4	60	INF
8	Aug_22_2016	80.66	92.04	94.46	94.33	94.22	94.68	94.4(-0.44%)	UD	OpenLong	75	0	25	30	9	71	0.56	67%	0.27	74.2	1.24%	0	0.7	70	INF
9	Aug_19_2016	80.44	91.55	94.23	94.65	94.38	94.23	94.82(0.12%)	UT	OpenLong	75	0	31	-20	10	92	0.41	68%	0.27	74.9	1.26%	0	0.9	75	INF
10	Aug_18_2016	80.22	91.06	93.95	94.82	94.61	93.76	94.71(1.81%)	N/A	N/A	0	-0	-6	-70	-39	92	1.06	68%	0.29	74.1	1.26%	0	0.9	76	INF

11	Aug_17_2016	79.99	90.48	93.66	94.8	94.98	94.54	93.03(-1.77%)	UD	OpenLong	65	-0.4	2	-30	-40	128	1.08	67%	0.26	71.8	1.24%	0	0.6	82	INF
12	Aug_16_2016	79.78	90.02	93.57	94.87	95.06	95.46	94.71(-1.34%)	UT	HoldLong	50	-0	62	40	18	192	0.28	70%	0.3	70.6	1.23%	0	1.1	90	INF
13	Aug_15_2016	79.54	89.44	93.16	94.56	94.61	95.43	96(0.37%)	UT	HoldLong	65	0.3	107	60	65	232	0.64	72%	0.21	66.9	1.22%	0	1.5	93	INF
14	Aug_12_2016	79.37	88.77	92.52	93.72	93.84	94.66	95.65(1.08%)	UT	HoldLong	65	0.4	112	70	69	241	0.89	72%	0.33	63	1.22%	0	1.6	94	INF
15	Aug_11_2016	79.11	88.1	91.87	92.96	93.03	93.79	94.63(1.35%)	UT	HoldLong	65	0.4	101	60	55	240	0.65	72%	0.33	61	1.23%	0	1.6	90	INF

16	Aug_10_2016	78.85	87.52	90.96	92.38	92.49	93.02	93.37(0.23%)	UT	HoldLong	65	0.2	95	40	47	240	0.71	71%	0.31	62	1.22%	0	1.5	91	INF
17	Aug_9_2016	78.61	86.99	90.16	92.09	92.05	92.27	93.16(1.48%)	UT	HoldLong	65	0.3	83	20	31	239	0.63	71%	0.31	66.6	1.23%	0	1.6	85	INF
18	Aug_8_2016	78.37	86.52	89.41	91.54	91.69	91.97	91.8(-0.03%)	UD	OpenLong	75	0.1	80	30	26	242	0.78	70%	0.31	71.7	1.22%	0	1.5	85	INF
19	Aug_5_2016	78.13	86.09	88.67	91.11	91.17	91.83	91.83(0.12%)	UT	HoldLong	65	0.2	92	50	41	244	0.88	70%	0.31	74	1.24%	0	1.7	85	INF
20	Aug_4_2016	77.89	85.62	87.94	90.58	90.55	91.41	91.72(-0.25%)	UD	OpenLong	75	0.4	130	70	86	263	1.13	70%	0.24	78	1.24%	0	1.9	85	INF

21	Aug_3_2016	77.7	85.11	87.05	89.29	89.45	90.51	91.95(1.74%)	UT	HoldLong	65	0.9	126	90	93	226	1.04	70%	0.27	75.4	1.24%	0	2.4	80	INF
22	Aug_2_2016	77.49	84.56	86.17	87.93	87.99	89.69	90.38(0.77%)	UT	HoldLong	65	1	122	140	99	192	0.8	72%	0.25	76.7	1.23%	0	2.3	78	INF
23	Aug_1_2016	77.3	84.07	85.4	86.98	86.83	88.38	89.69(0.61%)	UT	OpenLong	75	1.2	134	120	125	160	0.57	72%	0.23	84.7	1.31%	0	2.6	68	INF
24	Jul_29_2016	77.12	83.68	84.69	85.87	85.69	86.3	89.15(4.54%)	UT	OpenLong	75	1.8	80	40	72	104	1.81	72%	0.25	97.2	1.32%	0	3.1	70	INF
25	Jul_28_2016	76.93	83.24	83.98	84.96	84.94	85.29	85.28(0.15%)	UT	OpenLong	75	0.2	36	30	28	61	1.1	68%		103.6	1.24%	0	1.5	62	INF
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

Click to see actual return for next trading day.