Trading Signals: ALGN Stock Price Prediction and Forecast

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Tue. Sep. 25, 2018

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

(Align Technology Inc)
ALGN latest price $392.9800 (1.03%) ($389.0800 - $398.8793) on Tue. Sep. 25, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.8% (three month average)
RSI   64
Latest Price   $392.9800(1.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.4% a day on average for past five trading days.
Weekly Trend   ALGN advances 1.3% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
IWO(56%)    VT(56%)    VUG(55%)    IWF(54%)    IWM(54%)
Factors Impacting ALGN price   ALGN will decline at least -0.9% in a week (0% probabilities).
VXX(-14%)    UUP(-14%)    VIXM(-9%)    TLT(-7%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.9% (StdDev 1.8%)
Hourly BBV 0 ()
Intraday Trend 0.8%

5 Day Moving Average   $384.51(2.2%)
10 Day Moving Average   $383.98(2.34%)
20 Day Moving Average   $381.84(2.92%)
To recent high   0%
To recent low   16%
Market Cap   $30.959b

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 1.64% (three month std-dev: 1.8%) daily (68% of days).

Sample size 27 Average positive next day return: 0.98%(41%) Average negative next day return: -0.97%(59%) Sample size 27 Average positive next three day return: 2.15%(56%) Average negative next three day return: -1.9%(44%) Sample size 27 Average positive next weekly return: 2.33%(56%) Average negative next weekly return: -1.78%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20181025

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	Sep_25_2018	352.49	381.84	383.98	384.51	384.74	388.52	392.98(1.03%)	UT	OpenLong	75	1.4	184	70	203	126	0.61	58%	0.37	70.7	1.8%	0	1.8	64	1.4
2	Sep_24_2018	351.18	381.22	382.86	383.11	382.32	382.82	388.96(2.13%)	UT	OpenLong	75	1	64	0	65	62	0.48	58%	0.38	94.7	1.82%	0	1.4	51	1.7
3	Sep_21_2018	349.86	380.18	381.45	380.99	381.85	380.97	380.84(0.26%)	N/A	N/A	0	-0	-33	-10	-44	-0	0.79	56%	0.37	87	1.82%	0	0.1	46	2.3
4	Sep_20_2018	348.57	379.4	380.36	382.85	382.79	381.82	379.84(-0.03%)	DT	OpenShort	-75	-0.4	-40	-20	-50	-8	0.63	56%	0.38	91.5	1.83%	0	0.1	45	2.6
5	Sep_19_2018	347.24	378.56	379.56	382.81	384.33	382.72	379.94(-1.56%)	DT	OpenShort	-75	-0.4	-23	-20	-27	-9	0.55	56%	0.38	87.9	1.83%	0	0.2	46	2.6

6	Sep_18_2018	345.93	377.47	378.91	383.19	384.18	383.76	385.96(2.01%)	DP	OpenShort	-75	0.3	-46	0	-53	-25	0.48	56%	0.4	70.9	1.82%	0	0.9	52	1.6
7	Sep_17_2018	344.54	375.86	378.69	382.56	383.85	385.94	378.37(-3.02%)	UD	OpenLong	75	-0.4	58	50	70	23	0.75	55%	0.36	57.4	1.82%	0	0.2	48	1.1
8	Sep_14_2018	343.31	374.89	379.43	381.84	381.95	384.61	390.16(2.77%)	UT	OpenLong	75	0.7	132	50	153	68	0.75	58%	0.39	50	1.79%	0	1.3	68	1.9
9	Sep_13_2018	341.98	372.97	378.91	377.54	378.36	381.76	379.64(-0.57%)	UD	OpenLong	75	0.2	113	70	132	57	0.55	58%	0.4	32	1.76%	0	0.6	66	1.6
10	Sep_12_2018	340.62	371.59	379.42	375.77	375.06	379.29	381.83(-0.25%)	UD	OpenLong	75	0.5	144	70	165	80	0.53	58%	0.43	20.6	1.78%	0	0.8	70	1

11	Sep_11_2018	339.17	370.88	379.41	373.99	372.81	374.96	382.8(2.14%)	UT	OpenLong	75	0.7	105	30	115	73	0.6	58%	0.41	18.3	1.79%	0	1	74	0.9
12	Sep_10_2018	337.78	369.82	379.25	374.5	372.72	370.84	374.78(1.67%)	N/A	N/A	0	0	-35	-50	-57	32	0.55	56%	0.39	17.4	1.78%	0	0.4	73	0.2
13	Sep_7_2018	336.48	369.3	378.71	376.84	376	370.65	368.64(-0.59%)	DT	OpenShort	-75	-0.7	-152	-110	-201	-3	0.52	56%	0.35	23.5	1.78%	0	-0.1	63	-0.7
14	Sep_6_2018	335.3	369.22	378.48	380.52	380.69	374.61	370.82(-0.56%)	CR	SmallShort	-20	-0.8	-189	-110	-254	6	0.67	56%	0.29	32	1.8%	0	0.1	69	-0.4
15	Sep_5_2018	334.34	368.99	377.79	383.44	384.21	381.35	372.91(-3.22%)	N/A	N/A	0	-0.9	-129	-50	-192	59	1.03	56%	0.31	43.9	1.8%	0	0.3	72	0.3

16	Sep_4_2018	333.32	368.62	376.36	385.31	386.37	386.76	385.33(-0.3%)	UD	OpenLong	75	0	37	20	2	143	0.53	64%	0.59	52.4	1.75%	0	1.4	60	0.5
17	Aug_31_2018	331.38	367.72	373.17	384.62	385.82	387.08	386.49(-0.14%)	UD	OpenLong	75	0.2	111	30	92	169	0.54	64%	0.38	64.1	1.77%	0	1.7	65	0.1
18	Aug_30_2018	330.14	366.48	370.23	380.84	382.86	385.98	387.05(0.42%)	UT	OpenLong	75	0.6	144	70	137	164	0.5	64%	0.4	63.8	1.77%	0	2	63	0.8
19	Aug_29_2018	328.83	365.39	366.61	376.15	377.98	384.56	385.43(0.83%)	UT	OpenLong	75	1	227	140	246	171	0.71	64%	0.39	58.2	1.78%	0	2.1	60	1.3
20	Aug_28_2018	327.55	363.75	363.03	371.33	372.29	379.73	382.25(0.1%)	UT	OpenLong	75	1.3	311	150	355	177	0.92	64%	0.41	34.8	1.8%	0	2.2	59	1

21	Aug_27_2018	326.2	362.4	361.37	366.06	365.84	371.4	381.87(3.88%)	UT	OpenLong	75	2	248	100	289	126	0.94	64%	0.42	9.6	1.81%	0	2.5	59	0.9
22	Aug_24_2018	324.82	360.69	359.14	360.14	360.41	364.84	367.6(1.1%)	UT	OpenLong	75	1.1	152	90	186	48	0.61	63%	0.35	-32.6	1.75%	0	1	47	1
23	Aug_23_2018	323.69	360	358.68	358.08	357.57	360.28	363.59(0.62%)	UT	OpenLong	75	0.9	140	50	175	33	0.57	66%	0.36	-57.2	1.78%	0	0.6	50	1
24	Aug_22_2018	322.53	359.93	358.87	355.61	354.83	355.97	361.36(1.54%)	N/A	N/A	0	0.7	43	20	65	-24	0.57	66%	0.37	-60	1.82%	0	0.2	45	1.2
25	Aug_21_2018	321.34	360.83	359.26	353.42	353.18	354.86	355.89(1.02%)	DP	OpenShort	-65	0.3	-8	30	6	-49	0.52	66%		-60	1.83%	0	-0.6	54	0.7
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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