Trading Signals: ALGN Stock Price Prediction and Forecast

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Tue. Oct. 31, 2017

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

(Align Technology Inc)
ALGN latest price $238.9800 (1.45%) ($235.0500 - $240.6600) on Tue. Oct. 31, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.34% (three month average)
RSI   95
Latest Price   $238.9800(1.45%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 3.3% a day on average for past five trading days.
Weekly Trend   ALGN advances 8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
IWO(56%)    VUG(56%)    IWF(55%)    VT(55%)    IVW(54%)
Factors Impacting ALGN price   ALGN will decline at least -1.17% in a week (0% probabilities).
UUP(-13%)    VIXM(-12%)    TLT(-7%)    IGOV(-1%)    SHY(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.17% (StdDev 2.34%)
Hourly BBV 0 ()
Intraday Trend 1.7%

5 Day Moving Average   $223.04(7.15%)
10 Day Moving Average   $212.3(12.57%)
20 Day Moving Average   $201.63(18.52%)
To recent high   0%
To recent low   42.9%
Market Cap   $18.827b

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 7.95% (three month std-dev: 2.34%) daily (68% of days).

Sample size 5 Average positive next day return: 2.88%(60%) Average negative next day return: -0.83%(40%) Sample size 5 Average positive next three day return: 0%(0%) Average negative next three day return: -3.29%(100%) Sample size 5 Average positive next weekly return: 4.87%(20%) Average negative next weekly return: -6.14%(80%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171201

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	Oct_31_2017	174.28	201.63	212.3	223.04	227.12	237.04	238.98(1.45%)	UT	HoldLong	65	1	227	360	207	287	0.95	73%	0.55	64.8	2.34%	0	2.3	95	0
2	Oct_30_2017	173.32	198.86	207.66	215.99	218.32	233.94	235.57(-0.16%)	TP	CloseLong	-10	1.4	451	530	483	355	1.41	73%	0.51	62	2.39%	0	2.7	95	0
3	Oct_27_2017	172.44	196.28	203.23	209.43	209.78	217.21	235.94(16.24%)	UT	HoldLong	65	2.4	347	250	375	262	3.3	78%	0.5	61.4	2.66%	0	3.6	96	0
4	Oct_26_2017	171.59	193.62	198.61	202.42	203.01	202.7	202.98(0.61%)	UT	HoldLong	65	0.1	56	-0	33	123	1.93	68%	0.32	72.4	1.82%	0	1.5	91	0
5	Oct_25_2017	171.05	192.62	197.55	201.19	201.97	202.36	201.75(-0.97%)	TP	CloseLong	-10	0.1	38	30	12	115	1.11	68%	0.32	67.5	1.82%	0	1.5	91	0

6	Oct_24_2017	170.51	191.75	196.62	199.69	200.15	203.33	203.72(0.47%)	UT	HoldLong	65	0.7	104	120	91	144	1.11	68%	0.32	60.1	1.83%	0	2	99	0
7	Oct_23_2017	169.96	190.74	195.1	197.8	198.18	201.57	202.76(0.94%)	UT	HoldLong	65	0.9	174	130	177	166	1.24	68%	0.32	54.6	1.84%	0	2.2	96	0
8	Oct_20_2017	169.42	189.81	193.61	195.92	195.67	196.96	200.88(2.05%)	UT	HoldLong	65	1.1	97	40	90	117	2.88	68%	0.33	49.6	1.84%	0	2.4	90	0
9	Oct_19_2017	168.86	189.11	192.2	194.31	194.31	194.79	196.85(1.35%)	UT	HoldLong	65	0.7	39	20	26	79	0.93	66%	0.31	51.5	1.83%	0	2	88	0
10	Oct_18_2017	168.34	188.55	191.17	193.41	193.74	194.37	194.23(-0.02%)	UD	OpenLong	75	0.2	36	30	23	76	0.78	66%	0.3	53.9	1.84%	0	1.7	90	0

11	Oct_17_2017	167.83	188.24	190.36	193.06	193.34	193.83	194.27(0.47%)	UT	HoldLong	65	0.4	51	20	40	84	0.81	66%	0.16	62.9	1.84%	0	1.9	79	0
12	Oct_16_2017	167.56	187.85	189.56	191.94	192.45	193.11	193.37(0.29%)	UT	HoldLong	65	0.5	43	30	32	74	1.19	66%	0.31	62	1.84%	0	2	78	0
13	Oct_13_2017	167.04	187.56	188.92	190.89	191.26	192.86	192.81(0.22%)	UT	OpenLong	75	0.7	63	60	57	79	0.7	66%	0.32	64	1.85%	0	2	74	0
14	Oct_12_2017	166.51	187.13	188.24	189.74	189.95	191.79	192.38(-0.04%)	UD	OpenLong	75	1.1	82	70	84	77	0.74	66%	0.33	64	1.85%	0	2.2	59	0
15	Oct_11_2017	165.96	186.74	187.31	188.58	188.69	189.67	192.46(2.01%)	UT	OpenLong	75	1.8	64	40	67	55	0.88	66%	0.33	66.4	1.85%	0	2.7	63	0

16	Oct_10_2017	165.41	186.28	186.5	187.29	187.61	188.12	188.67(0.29%)	UT	OpenLong	75	0.8	24	20	25	19	0.67	64%	0.32	83.1	1.84%	0	1.4	48	0
17	Oct_9_2017	164.89	186.11	186.05	186.84	186.9	187.71	188.13(0.58%)	UT	OpenLong	75	0.8	17	30	20	8	0.78	64%	0.3	95.4	1.84%	0	1.3	51	0
18	Oct_6_2017	164.39	185.91	185.71	186.66	186.78	187.09	187.04(0.23%)	UT	OpenLong	75	0.2	26	10	33	6	1.1	64%	0.31	103.1	1.84%	0	0.6	46	0
19	Oct_5_2017	163.88	185.65	185.76	186.51	186.49	186.09	186.61(0.34%)	N/A	N/A	0	0	0	-20	1	-3	0.64	64%	0.31	96.5	1.86%	0	0.4	55	0
20	Oct_4_2017	163.37	185.34	185.72	185.79	186.1	186.46	185.98(-0.25%)	DP	OpenShort	-65	0.1	-1	20	1	-7	0.6	64%	0.3	75	1.87%	0	0.2	53	0

21	Oct_3_2017	162.88	184.92	185.96	185.55	185.4	186.9	186.45(-0.41%)	UD	OpenLong	75	0.3	35	50	42	15	0.56	64%	0.3	72.6	1.88%	0	0.5	57	0
22	Oct_2_2017	162.39	184.58	186.02	185.1	184.87	185.75	187.22(0.51%)	UT	OpenLong	75	0.7	50	30	60	20	0.71	64%	0.3	74.3	1.88%	0	0.9	53	0
23	Sep_29_2017	161.9	184.06	186.1	184.64	184.34	183.9	186.27(1.76%)	DP	OpenShort	-75	0.5	-8	-20	-9	-6	0.79	60%	0.31	67.7	1.88%	0	0.6	55	0
24	Sep_28_2017	161.4	183.61	185.93	184.98	184.63	183.99	183.04(-0.94%)	DT	OpenShort	-75	-0.5	-33	-30	-40	-10	0.89	60%	0.29	67.8	1.91%	0	-0.2	56	0
25	Sep_27_2017	160.93	183.25	186.16	185.64	185.63	184.78	184.78(0.31%)	N/A	N/A	0	-0.2	-18	-30	-27	9	0.68	60%		68.1	1.91%	0	0.4	62	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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