Trading Signals: ALGN Stock Price Prediction and Forecast

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Fri. Jul. 23, 2021

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

(Align Technology Inc)
ALGN latest price $637.8700 (1.58%) ($624.9000 - $637.8700) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.08% (three month average)
RSI   54
Latest Price   $637.8700(1.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.7% a day on average for past five trading days.
Weekly Trend   ALGN advances 0.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
VUG(51%)    IBUY(49%)    SKYY(49%)    XLY(49%)    IWF(48%)
Factors Impacting ALGN price   ALGN will decline at least -1.04% in a week (0% probabilities).
VIXM(-33%)    UUP(-21%)    VXX(-10%)    TBT(-8%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.04% (StdDev 2.08%)
Hourly BBV 1.4 ()
Intraday Trend 0%

5 Day Moving Average   $619.51(2.96%)
10 Day Moving Average   $625.27(2.02%)
20 Day Moving Average   $621.33(2.66%)
To recent high   -0.8%
To recent low   16.3%
Market Cap   $50.252b

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 1.91% (three month std-dev: 2.08%) daily (68% of days).

Sample size 17 Average positive next day return: 1.14%(41%) Average negative next day return: -1.23%(59%) Sample size 17 Average positive next three day return: 1.33%(53%) Average negative next three day return: -1.75%(47%) Sample size 17 Average positive next weekly return: 1.52%(53%) Average negative next weekly return: -2.3%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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	Jul_23_2021	584.18	621.33	625.27	619.51	625.18	631.42	637.87(1.58%)	UT	OpenLong	75	1.5	256	100	300	123	0.41	49%	0.2	20.9	2.08%	1.4	1.4	54	-0.2
2	Jul_22_2021	583	620.27	624.1	615.28	616.01	624.7	627.96(1.09%)	UT	OpenLong	75	1.1	154	100	182	68	0.29	49%	0.18	13.8	2.08%	1.3	0.7	54	-0
3	Jul_21_2021	581.97	619.2	622.95	614.01	613.13	618.94	621.17(0.72%)	UT	OpenLong	75	0.6	232	60	275	104	0.5	49%	0.1	12.4	2.07%	1.1	0.2	54	0.7
4	Jul_20_2021	581.38	618.44	622.24	616.79	613.24	607.32	616.71(3.85%)	DP	OpenShort	-75	-0	-63	-80	-74	-28	0.52	49%	0.09	20.3	2.1%	0.9	-0.1	53	-0.5
5	Jul_19_2021	580.87	618.23	621.33	621.8	617.83	607.33	593.84(-3.71%)	DT	OpenShort	-75	-2.3	-393	-140	-464	-178	0.57	45%	0.05	34.7	2.05%	-1.7	-2	41	-2.8

6	Jul_16_2021	580.6	618.85	624.72	631.57	628.79	619.17	616.73(-0.79%)	DT	OpenShort	-75	-1.3	-256	-120	-312	-86	0.27	48%	0.11	58.2	2%	-0.8	-0.2	52	0.3
7	Jul_15_2021	579.99	618.73	625.05	633.81	634.1	628.33	621.61(-2.12%)	DT	OpenShort	-75	-1.1	-222	-60	-274	-64	0.52	48%	0.08	64.5	2%	-1.1	0.3	52	1
8	Jul_14_2021	579.5	617.79	624.27	632.69	635.68	638.4	635.05(-1.04%)	UD	OpenLong	75	0.2	63	40	60	70	0.37	51%	0.12	66.1	1.99%	-1.5	1.5	64	1.6
9	Jul_13_2021	578.79	616.05	621.97	628.24	629.77	639.86	641.75(-0.15%)	UD	OpenLong	75	1.2	260	120	294	156	0.31	51%	0.11	60.3	1.99%	0.7	2.2	67	1.2
10	Jul_12_2021	578.16	614.14	619.8	620.92	622.54	632.95	642.73(2.36%)	UT	OpenLong	75	2.2	400	120	463	209	0.57	51%	0.08	61.8	1.99%	1.3	2.8	63	1.2

11	Jul_9_2021	577.72	612.38	616.8	617.32	614.33	619.69	627.93(1.94%)	UT	OpenLong	75	1.4	180	50	206	103	0.53	48%	0.06	85.6	1.98%	0.9	2	63	1.1
12	Jul_8_2021	577.37	611.5	615.69	615.45	613.55	612.13	615.98(0.52%)	UT	OpenLong	75	0.1	50	-30	53	39	0.41	53%	0.03	120.9	2%	1.4	0.7	51	-0.1
13	Jul_7_2021	577.21	610.07	614.78	614.7	615.34	608.98	612.81(1.27%)	DP	OpenShort	-75	-0.2	-121	-70	-148	-41	0.3	53%	-0	97.2	2.05%	0.3	0.3	56	1
14	Jul_6_2021	577.22	609.08	614.1	614.59	615.47	614.98	605.15(-3.13%)	DT	OpenShort	-75	-1	-170	-0	-206	-62	0.7	53%	-0.01	87.9	2.05%	-1	-0.4	54	0.9
15	Jul_2_2021	577.25	607.95	614.87	618.07	618	621.7	624.72(0.99%)	UT	OpenLong	75	0.5	140	40	155	95	0.21	57%	0.05	72.5	2%	1.9	1.4	60	1.5

16	Jul_1_2021	576.97	605.88	612.58	616.16	617.44	615.96	618.58(1.04%)	UT	OpenLong	75	0.2	44	-10	44	42	0.42	57%	0.02	54.7	2.01%	0.8	0.9	54	1.7
17	Jun_30_2021	576.85	603.45	612	616.12	617.25	614.29	612.24(0%)	DT	HoldShort	-50	-0.3	-104	-30	-130	-26	0.33	60%	-0.01	43.5	2.03%	-1.2	0.6	50	1.5
18	Jun_29_2021	576.88	601.71	611.02	614.85	618.51	618.91	612.26(-1.66%)	UD	OpenLong	75	-0.2	19	20	14	35	0.42	60%	0.02	36.2	2.04%	-0.9	0.7	64	1.4
19	Jun_28_2021	576.77	600.8	609.93	613.35	615.55	620.2	622.57(1.2%)	UT	OpenLong	75	0.6	105	60	115	76	0.5	60%	0.01	30.5	2.03%	-0	1.5	64	1.7
20	Jun_25_2021	576.74	599.11	608.1	611.15	611.54	618.1	615.16(-0.52%)	UD	OpenLong	75	0.3	192	80	215	123	0.55	60%	-0	28	2.03%	-0.4	1.1	67	2

21	Jun_24_2021	576.76	598.2	607.53	608.46	609.3	610.89	618.36(2.06%)	UT	OpenLong	75	0.7	188	20	209	126	0.74	60%	0.12	27.2	2.04%	1	1.5	66	1.7
22	Jun_23_2021	576.05	596.99	606.74	607.54	605.03	604.99	605.9(0.19%)	N/A	N/A	0	-0.1	-75	-10	-106	19	0.56	58%	0.09	37.4	2.05%	-0	0.7	68	1.7
23	Jun_22_2021	575.56	596.39	604.9	606.64	607.82	607.72	604.78(-1.11%)	UD	OpenLong	75	-0.1	86	0	82	97	0.49	58%	0.11	45.5	2.08%	-1.2	0.7	63	1.4
24	Jun_21_2021	574.93	596.26	603.69	605.79	606.62	605.07	611.56(1.64%)	N/A	N/A	0	0.5	-16	-10	-37	47	0.55	58%	0.15	60.5	2.07%	0.2	1.2	55	0.6
25	Jun_18_2021	574.06	595.19	600.57	604.57	604.53	607.93	601.7(-1.97%)	N/A	N/A	0	-0.2	-7	40	-24	45	0.88	53%		68.8	2.08%	0	0.5	55	-0.2
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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