Trading Signals: ALGN Stock Price Prediction and Forecast

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Fri. Apr. 16, 2021

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

(Align Technology Inc)
ALGN latest price $606.2400 (-0.05%) ($599.0200 - $608.0200) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.08% (three month average)
RSI   87
Latest Price   $606.2400(-0.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.5% a day on average for past five trading days.
Weekly Trend   ALGN advances 6.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
VUG(51%)    XLY(50%)    IBUY(49%)    IWO(49%)    SKYY(49%)
Factors Impacting ALGN price   ALGN will decline at least -1.54% in a week (0% probabilities).
VIXM(-33%)    UUP(-22%)    VXX(-10%)    TBT(-9%)    UNG(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.54% (StdDev 3.08%)
Hourly BBV 0.7 ()
Intraday Trend 0%

5 Day Moving Average   $600.6(0.94%)
10 Day Moving Average   $583.4(3.91%)
20 Day Moving Average   $555.79(9.08%)
To recent high   -2.2%
To recent low   22.2%
Market Cap   $47.76b

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 6% (three month std-dev: 3.08%) daily (68% of days).

Sample size 50 Average positive next day return: 1.39%(40%) Average negative next day return: -1.78%(60%) Sample size 50 Average positive next three day return: 4.25%(42%) Average negative next three day return: -3.15%(58%) Sample size 50 Average positive next weekly return: 5.3%(52%) Average negative next weekly return: -3.61%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

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	Apr_16_2021	546.43	555.79	583.4	600.6	600.53	605.92	606.24(-0.05%)	UD	OpenLong	75	0.2	116	60	100	165	0.41	60%	0.12	51.8	3.08%	0.7	1.5	87	1.8
2	Apr_15_2021	545.8	551.28	577.55	597.57	599.43	600.63	606.52(2.05%)	UT	HoldLong	65	0.3	146	20	133	185	0.36	60%	0.26	48.7	3.11%	0.3	1.7	87	1.8
3	Apr_14_2021	544.41	547.7	571.03	591.01	595.49	595.14	594.31(-0.28%)	UD	OpenLong	75	0.1	41	20	9	138	0.31	60%	0.23	51.9	3.11%	0.2	1.6	88	1.4
4	Apr_13_2021	543.15	544.86	564.25	582.49	590.34	598.23	595.97(-0.66%)	UD	OpenLong	75	0.5	162	130	154	185	0.3	60%	0.23	52.1	3.11%	0.3	1.9	80	1.7
5	Apr_12_2021	541.9	542.57	556.22	574.06	579.29	595.84	599.94(1.5%)	UT	OpenLong	75	1.1	318	230	343	241	0.43	60%	0.3	60	3.11%	1.5	2.3	73	1.8

6	Apr_9_2021	540.28	539.03	548.19	563.6	567.23	582.46	591.09(3.03%)	UT	OpenLong	75	1.3	390	210	434	256	0.79	60%	0.29	56.7	3.1%	1.4	2.5	70	1.5
7	Apr_8_2021	538.7	536.17	540.66	554.82	556.33	562.73	573.73(3.98%)	UT	OpenLong	75	1.1	225	90	245	164	0.7	60%	0.25	60.4	3.1%	1.4	2.3	71	1.5
8	Apr_7_2021	537.34	532.98	533.9	548.4	549.7	552	551.74(-0.38%)	UD	OpenLong	75	0.2	71	40	70	72	0.27	58%	0.2	50.5	3.07%	-0.2	1.3	53	1.4
9	Apr_6_2021	536.28	531.16	530.41	543.06	546.63	549.93	553.82(1.14%)	UT	OpenLong	75	0.7	105	60	116	71	0.61	58%	0.19	26.9	3.1%	0.8	1.5	52	1.2
10	Apr_5_2021	535.26	528.33	527.76	535.29	539.82	547.4	547.6(0.07%)	UT	OpenLong	75	0.8	128	120	151	60	0.25	58%	0.34	-8.9	3.09%	0.1	1.2	44	1.3

11	Apr_1_2021	533.46	527.68	525.85	530.15	531.66	543.33	547.21(1.03%)	UT	OpenLong	75	1.2	207	160	247	86	0.42	58%	0.17	-28	3.1%	0.6	1.3	53	1.3
12	Mar_31_2021	532.57	526.36	522.79	524.37	525.34	532.24	541.63(3.16%)	UT	OpenLong	75	1.2	208	100	254	70	0.61	58%	0.15	-51.9	3.13%	1.6	1.1	50	1.2
13	Mar_30_2021	531.77	525.55	522.27	517.44	520.1	520	525.03(1.96%)	N/A	N/A	0	0.5	50	10	70	-9	0.27	56%	0.09	-71	3.11%	1.5	-0	56	1.2
14	Mar_29_2021	531.27	527.27	523.82	515.96	515.6	518.44	514.96(-1.33%)	DT	OpenShort	-75	-0.1	-49	40	-48	-51	0.43	56%	0.07	-66.4	3.1%	0.4	-0.7	52	1
15	Mar_26_2021	530.88	529.73	527.89	519.02	517.18	520.21	521.91(0.69%)	UT	OpenLong	75	0.1	83	30	99	33	0.37	56%	0.06	-60.7	3.07%	1	-0.4	60	1.4

16	Mar_25_2021	530.56	531.86	529.23	520.93	519.26	512.75	518.31(2.23%)	DP	OpenShort	-75	-0.1	-48	-100	-55	-25	0.42	56%	0.07	-64.1	3.1%	-0.1	-0.7	47	1.1
17	Mar_24_2021	530.2	533.73	531.46	520.97	522.64	514.14	507(-2.05%)	DT	OpenShort	-75	-0.7	-189	-100	-223	-86	0.38	56%	0.08	-67.8	3.11%	-2	-1.3	49	1
18	Mar_23_2021	529.76	537.01	532.43	527.67	525.51	525.77	517.62(-2.38%)	DT	OpenShort	-75	-0.5	-119	-10	-143	-46	0.39	56%	0.12	-65.9	3.1%	-1.5	-0.9	49	1.1
19	Mar_22_2021	529.14	539.4	532.61	532.71	530.69	531.13	530.26(-0.23%)	UD	OpenLong	75	-0.1	38	-10	43	24	0.3	56%	0.21	-66.7	3.09%	0.6	-0.4	43	1.9
20	Mar_19_2021	528.05	541.71	529.59	538.23	535.41	525.25	531.48(2.5%)	DP	OpenShort	-75	-0.3	-126	-150	-146	-64	0.58	56%	0.19	-58.6	3.07%	0.3	-0.4	43	1.6

21	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
22	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
23	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
24	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
25	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%		-63.7	2.96%	0.5	-0.6	39	1.8
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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