Trading Signals: ALGN Stock Price Prediction and Forecast

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

Thu. Mar. 18, 2021

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

(Align Technology Inc)
ALGN latest price $518.5100 (-4.07%) ($518.5100 - $518.5100) on Thu. Mar. 18, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.08% (three month average)
RSI   40
Latest Price   $518.5100(-4.07%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN declines -0.8% a day on average for past five trading days.
Weekly Trend   ALGN declines -0.7% 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)
VUG(52%)    IBUY(50%)    IWO(50%)    SKYY(50%)    XLY(50%)
Factors Impacting ALGN price   ALGN will decline at least -1.54% in a week (0% probabilities).
VIXM(-33%)    UUP(-22%)    VXX(-11%)    IGOV(-10%)    TBT(-9%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.54% (StdDev 3.08%)
Hourly BBV -1.4 ()
Intraday Trend 0%

Resistance Level   $544.87
5 Day Moving Average   $538.95(-3.79%)
10 Day Moving Average   $530.12(-2.19%)
20 Day Moving Average   $544.87(-4.84%)
To recent high   -16.4%
To recent low   4.5%
Market Cap   $40.849b

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 4.95% (three month std-dev: 3.08%) daily (68% of days).

Sample size 10 Average positive next day return: 1.93%(40%) Average negative next day return: -2.01%(60%) Sample size 10 Average positive next three day return: 3.94%(50%) Average negative next three day return: -4.88%(50%) Sample size 10 Average positive next weekly return: 3.95%(40%) Average negative next weekly return: -6.12%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210418

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	Mar_18_2021	527.07	544.87	530.12	538.95	541.89	530.25	518.51(-4.07%)	DT	OpenShort	-75	-0.8	-253	-130	-294	-131	0.63	56%	0.16	-54.3	3.08%	-1.4	-1	40	1.2
2	Mar_17_2021	526.24	548.57	530.72	543.31	546.02	545.57	540.49(-0.43%)	DT	OpenShort	-75	-0.1	-108	10	-122	-66	0.48	59%	0.17	-50.2	3.03%	-0.1	-0.3	47	2.1
3	Mar_16_2021	525.35	551.31	529.3	537.54	545.84	553.52	542.8(-2.7%)	UD	OpenLong	75	0.2	172	140	215	42	0.4	59%	0.18	-53.2	3.04%	-0.3	-0.3	43	1.9
4	Mar_15_2021	524.43	554.6	530.84	532.17	536.46	546.47	557.89(4.27%)	UT	OpenLong	75	0.8	199	150	251	44	0.6	59%	0.18	-55.6	3.02%	1.4	0.1	48	2.4
5	Mar_12_2021	523.51	556.86	531.06	519.82	526.67	538.16	535.05(-0.97%)	UD	OpenLong	75	0.5	231	190	297	31	0.33	57%	0.16	-63.7	2.96%	0.5	-0.6	39	1.8

6	Mar_11_2021	522.67	559.91	533.89	520.4	516.84	526.46	540.31(5.6%)	RB	SmallLong	20	0.6	147	110	202	-17	0.53	57%	0.41	-65.4	2.98%	1.9	-0.6	36	1.5
7	Mar_10_2021	520.54	563.09	535.25	516.84	516.02	515.19	511.65(-0.83%)	N/A	N/A	0	-0.1	52	-20	97	-82	0.46	52%	0.35	-60.3	2.89%	-0.8	-1.5	30	1.2
8	Mar_9_2021	518.7	568.33	541.38	519.96	519.53	507.23	515.94(3.99%)	DP	OpenShort	-75	-0.1	-201	-170	-200	-204	0.67	52%	0.38	-52.6	2.89%	-0.4	-1.5	30	1.2
9	Mar_8_2021	516.73	572.75	546.47	529.44	521.54	516.85	496.16(-7.77%)	DT	HoldShort	-65	-1	-421	-110	-459	-308	0.91	49%	0.32	-40.9	2.85%	-2.3	-2.3	20	0.4
10	Mar_5_2021	515.07	579.15	555.13	543.58	538.45	531.84	537.96(2.96%)	DT	HoldShort	-50	-0.2	-15	-110	16	-108	0.76	57%	0.41	-19.6	2.65%	0.8	-1.4	28	0.6

11	Mar_4_2021	512.97	583.19	561.04	549.46	545.67	526.24	522.47(-0.91%)	DT	OpenShort	-75	-1	-430	-270	-475	-294	0.92	54%	0.39	-1.9	2.64%	-1.2	-2.2	27	-0.4
12	Mar_3_2021	510.99	585.03	568.4	556.31	555.25	545.07	527.25(-6.41%)	DT	OpenShort	-75	-1.1	-427	-130	-475	-284	0.83	54%	0.4	11.9	2.65%	-2.2	-2.3	26	0.3
13	Mar_2_2021	508.95	587.05	575.84	565.56	562.74	565.11	563.38(-0.61%)	DT	OpenShort	-75	-0.1	-41	10	-23	-95	0.75	64%	0.47	29.9	2.52%	-1.1	-1	30	1
14	Mar_1_2021	506.58	586.4	580.67	566.08	564.04	565.43	566.84(-0.09%)	N/A	N/A	0	0	61	10	95	-43	0.9	64%	0.49	29.8	2.52%	-0.3	-0.8	39	1
15	Feb_26_2021	504.09	584.83	584.79	568.64	564.23	560.37	567.36(1.91%)	DP	OpenShort	-75	-0	-104	-70	-99	-120	1.07	64%	0.5	28.2	2.52%	0.6	-0.6	34	0.5

16	Feb_25_2021	501.6	583.74	587.89	575	568.03	562.64	556.73(-2.93%)	DT	OpenShort	-75	-0.6	-222	-100	-239	-171	0.49	64%	0.49	32.6	2.53%	-1.7	-0.9	31	0.2
17	Feb_24_2021	499.17	581.98	593.04	582.54	578.26	568.09	573.51(1.33%)	DP	OpenShort	-75	-0.3	-170	-150	-188	-116	0.65	69%	0.54	28.4	2.5%	0.2	-0.3	61	1.4
18	Feb_23_2021	496.49	580.33	597.27	587.74	584.47	573.43	565.96(-2.36%)	DT	OpenShort	-75	-0.6	-351	-150	-410	-173	0.66	74%	0.52	28.8	2.49%	-0.9	-0.4	56	1.3
19	Feb_22_2021	493.93	579.28	601.16	597.3	592.43	588.43	579.62(-3.27%)	DT	OpenShort	-75	-0.5	-199	-70	-244	-65	0.58	74%	0.56	32.3	2.6%	-1.9	0	63	1.1
20	Feb_19_2021	491.17	577.26	605.27	603.16	601.07	595.52	599.19(0.8%)	N/A	N/A	0	-0.1	-23	-80	-51	61	0.37	80%	0.6	33.7	2.56%	0.4	0.6	71	1.5

21	Feb_18_2021	488.24	574.51	607.06	602.77	603.96	596.44	594.44(-0.84%)	CR	SmallShort	-20	-0.2	-153	-80	-213	27	0.29	80%	0.57	32.6	2.56%	-0.4	0.5	66	1.3
22	Feb_17_2021	485.46	572.95	603.18	605.08	604.92	606.63	599.47(-2.33%)	N/A	N/A	0	-0.2	-67	20	-118	88	0.34	80%	0.6	36.6	2.57%	-0.7	0.7	72	1.4
23	Feb_16_2021	482.55	570.77	599.5	608.3	606.55	611.49	613.78(0.8%)	UT	OpenLong	75	0.2	175	50	160	221	0.28	80%	0.98	40.2	2.55%	1.5	1.2	67	1.2
24	Feb_12_2021	477.85	568.2	592.78	605.79	606.99	603.22	608.92(1.96%)	UT	OpenLong	75	0.1	87	-40	56	181	0.33	80%	0.64	40.1	2.54%	0.5	1.2	65	1.5
25	Feb_11_2021	474.79	565.31	585.02	608	604.69	601.62	597.24(-1.45%)	N/A	N/A	0	-0.3	-170	-50	-249	67	0.4	80%		43.6	2.55%	-1.4	1	64	1.3
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.