Trading Signals: ALGN Stock Price Prediction and Forecast

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

Thu. Dec. 20, 2018

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

(Align Technology Inc)
ALGN latest price $197.7800 (-1.88%) ($191.2400 - $204.7000) on Thu. Dec. 20, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.08% (three month average)
RSI   29
Latest Price   $197.7800(-1.88%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN declines -1.9% a day on average for past five trading days.
Weekly Trend   ALGN declines -4.7% a week on average for past two weeks.
Market Behavior   Broad based 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(56%)    VT(56%)    VUG(55%)    XLY(55%)    IVW(54%)
Factors Impacting ALGN price   ALGN will decline at least -2.04% in a week (0% probabilities).
VXX(-14%)    UUP(-14%)    VIXM(-7%)    TLT(-7%)    IGOV(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.04% (StdDev 4.08%)
Hourly BBV 0 ()
Intraday Trend -1.7%

Resistance Level   $217.78
5 Day Moving Average   $206.28(-4.12%)
10 Day Moving Average   $211.17(-6.34%)
20 Day Moving Average   $217.78(-9.18%)
To recent high   -49.7%
To recent low   0%
Market Cap   $15.581b

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 4.56% (three month std-dev: 4.08%) daily (68% of days).

Sample size 20 Average positive next day return: 3.84%(50%) Average negative next day return: -2.31%(50%) Sample size 20 Average positive next three day return: 4.96%(60%) Average negative next three day return: -5.47%(40%) Sample size 20 Average positive next weekly return: 7.27%(50%) Average negative next weekly return: -3.54%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190120

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	Dec_20_2018	306.4	217.78	211.17	206.28	205.96	202.13	197.78(-1.88%)	DT	OpenShort	-75	-0.9	-107	-130	-106	-111	1.79	25%	-0.52	-29.8	4.08%	0	-2	29	-2
2	Dec_19_2018	307.99	218.56	213.41	210.17	209.98	207.66	201.56(-3.79%)	DT	OpenShort	-75	-1	-65	-80	-57	-88	1.02	25%	-0.51	-26.9	4.08%	0	-2	28	-1.4
3	Dec_18_2018	309.57	218.87	215.43	213.71	213.01	209.8	209.5(1.22%)	DP	OpenShort	-75	-0.5	-64	-120	-59	-77	0.98	26%	-0.46	-24.7	4.06%	0	-1.2	45	-1.7
4	Dec_17_2018	310.99	219.69	217.92	215.87	216.21	212.31	206.97(-3.99%)	DT	OpenShort	-75	-1.1	-71	-120	-72	-68	0.98	26%	-0.48	-22	4.07%	0	-1.5	42	-1.9
5	Dec_14_2018	312.49	220.54	220.24	217.8	218.89	216.22	215.57(-0.76%)	DT	OpenShort	-75	-0.3	-43	-70	-43	-44	1.21	27%	-0.48	-29.4	4.06%	0	-0.6	50	-1.4

6	Dec_13_2018	313.99	220.79	221.53	216.75	218.54	220.11	217.23(-0.94%)	DT	OpenShort	-75	0.1	-17	80	-13	-28	0.88	27%	-0.53	-47.8	4.09%	0	-0.5	53	-0.8
7	Dec_12_2018	315.67	220.92	223.28	217.17	217.69	221.57	219.29(-0.44%)	UD	OpenLong	75	0.3	57	130	69	21	0.75	27%	-0.49	-52.8	4.09%	0	-0.2	58	-1.2
8	Dec_11_2018	317.23	220.85	223.51	217.5	215.79	216.97	220.27(1.67%)	UT	OpenLong	75	0.4	18	10	20	12	1.1	28%	-0.5	-58.2	4.09%	0	-0.1	62	-1.5
9	Dec_10_2018	318.84	221.56	223.86	220.59	217.4	213.82	216.66(3.03%)	DP	OpenShort	-75	-0.5	-41	-160	-52	-6	1.08	28%	-0.51	-44.5	4.09%	0	-0.6	47	-1.8
10	Dec_7_2018	320.46	222.91	224.23	223.23	222.42	214.61	210.28(-4.13%)	DT	OpenShort	-75	-1.5	-91	-260	-113	-23	1	28%	-0.51	-25.7	4.08%	0	-1.5	46	-2.4

11	Dec_6_2018	322.09	224.62	225.03	226.92	226.07	220.97	219.34(-0.73%)	DT	OpenShort	-75	-0.8	-119	-170	-150	-25	1.41	29%	-0.63	-1.4	4.05%	0	-0.6	51	-1.3
12	Dec_4_2018	324.13	225.13	224.32	230.17	230	230.23	220.95(-6.26%)	N/A	N/A	0	-0.9	-2	0	-15	37	1.54	28%	-0.44	10.4	4.03%	0	-0.4	53	-0.8
13	Dec_3_2018	325.55	225.5	222.89	230.12	230.52	231.16	235.7(2.53%)	UT	OpenLong	75	0.5	47	20	45	54	1.37	30%	-0.39	14.8	3.97%	0	1	62	1.7
14	Nov_30_2018	326.84	225.5	221.67	227.65	227.62	229.77	229.89(0.52%)	UT	OpenLong	75	0.2	16	70	13	26	1.21	30%	-0.41	8.2	3.95%	0	0.5	46	1.1
15	Nov_29_2018	328.19	225.12	220.84	225.45	226.4	229.88	228.7(-2.92%)	UD	OpenLong	75	0.3	74	120	88	33	1.16	30%	-0.37	1.8	3.95%	0	0.4	41	0.7

16	Nov_28_2018	329.4	224.74	219.88	222.85	223	225.47	235.59(6.74%)	UT	OpenLong	75	1.2	53	80	70	1	1.38	30%	-0.35	-35.5	3.95%	0	1.1	43	1
17	Nov_27_2018	330.57	224.06	218.06	217.76	219.59	222.91	220.71(-1.2%)	N/A	N/A	0	0.3	55	130	81	-22	1.42	28%	-0.39	-88	3.84%	0	-0.3	47	0.6
18	Nov_26_2018	331.87	223.98	217.7	214.5	214.15	220.54	223.38(2.06%)	RB	SmallLong	20	0.9	44	200	73	-45	1.08	28%	-0.38	-135.7	3.88%	0	-0.1	49	0.4
19	Nov_23_2018	333.12	224.29	218.71	214.91	211.66	216.27	218.87(1.46%)	RB	SmallLong	20	0.4	64	110	96	-32	0.54	28%	-0.37	-167	3.87%	0	-0.5	45	-0.7
20	Nov_21_2018	334.36	224.95	221.12	215.69	213.24	207.77	215.72(2.67%)	DP	OpenShort	-75	0	-18	-210	-3	-61	1.13	28%	-0.37	-118.4	3.85%	0	-0.5	43	-0.4

21	Nov_20_2018	335.6	228.41	223.92	216.54	214.49	207.06	210.1(2.77%)	DP	OpenShort	-75	-0.3	-178	-270	-197	-122	3.43	28%	-0.39	-89.5	3.83%	0	-0.8	47	-1.1
22	Nov_19_2018	336.91	233.17	225.98	218.38	219.74	218.7	204.43(-9.31%)	DT	OpenShort	-75	-0.5	-60	-10	-61	-58	1.8	28%	-0.41	-76.9	3.81%	0	-1	43	-0.2
23	Nov_16_2018	338.31	238.41	228.6	220.96	221.29	221.93	225.41(1.19%)	N/A	N/A	0	0.1	3	20	9	-15	1.06	31%	-0.35	-69.1	3.67%	0	-0.4	58	0.5
24	Nov_15_2018	339.5	242.47	229.07	223.07	221.49	220.77	222.77(1.26%)	DP	OpenShort	-75	-0	-41	-40	-45	-29	0.96	29%	-0.36	-62.6	3.66%	0	-0.5	47	-0.2
25	Nov_14_2018	340.71	247.2	229.95	227.65	225.78	220.66	219.99(0.31%)	DP	OpenShort	-75	-0.2	-67	-180	-81	-26	1.03	30%		-53.8	3.69%	0	-0.7	44	-0.5
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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