Trading Signals: ALGN Stock Price Prediction and Forecast

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Tue. Aug. 30, 2022

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

(Align Technology Inc)
ALGN latest price $245.8300 (-0.92%) ($245.8300 - $245.8300) on Tue. Aug. 30, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.51% (three month average)
RSI   30
Latest Price   $245.8300(-0.92%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN declines -0.5% a day on average for past five trading days.
Weekly Trend   ALGN declines -5.7% 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)
XLY(38%)    VUG(37%)    VT(35%)    DRIV(34%)    SKYY(34%)
Factors Impacting ALGN price   ALGN will decline at least -1.755% in a week (0% probabilities).
UUP(-17%)    VIXM(-16%)    TBT(-12%)    VXX(-4%)    USO(5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.755% (StdDev 3.51%)
Hourly BBV -0.9 ()
Intraday Trend 0%

Resistance Level   $273.98
5 Day Moving Average   $256.15(-4.03%)
10 Day Moving Average   $261.19(-5.88%)
20 Day Moving Average   $273.98(-10.27%)
To recent high   -16.3%
To recent low   7%
Market Cap   $19.367b

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 5.76% (three month std-dev: 3.51%) daily (68% of days).

Sample size 50 Average positive next day return: 2.13%(68%) Average negative next day return: -2.1%(32%) Sample size 50 Average positive next three day return: 3.93%(56%) Average negative next three day return: -3.42%(44%) Sample size 50 Average positive next weekly return: 6.38%(54%) Average negative next weekly return: -4.67%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220930

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	Aug_30_2022	281.43	273.98	261.19	256.15	254.78	246.97	245.83(-0.92%)	DT	OpenShort	-75	-0.7	-96	-230	-84	-130	0.45	47%	-0.6	-37.8	3.51%	-0.9	-1.8	30	2.1
2	Aug_29_2022	283.12	275.91	265.42	257.46	258.74	250.3	248.11(-1.78%)	DT	OpenShort	-75	-0.6	-179	-210	-186	-159	0.41	47%	-0.62	-30.3	3.53%	-1.2	-1.9	40	2.2
3	Aug_26_2022	284.89	277.76	269.24	259.04	259.73	262.6	252.6(-7.32%)	DT	OpenShort	-75	-0.5	-88	90	-79	-115	0.87	47%	-0.61	-20.5	3.55%	-1.6	-2	35	2
4	Aug_25_2022	286.65	279.36	272.93	262.54	260.56	267.18	272.55(4.16%)	RB	SmallLong	20	0.9	110	160	152	-17	0.46	51%	-0.54	-8.5	3.43%	1.5	-0.6	40	1.2
5	Aug_24_2022	288.2	279.86	274.29	264.2	259.9	256.87	261.66(3.69%)	DP	OpenShort	-75	-0.2	-24	-130	-6	-79	0.57	49%	-0.62	-5.1	3.41%	1.4	-1.5	34	1.8

6	Aug_23_2022	290.01	280.08	276.87	267.42	264.71	253.94	252.36(-1.44%)	DT	OpenShort	-75	-1.2	-189	-320	-202	-149	0.57	47%	-0.68	-2.2	3.39%	-1.2	-2.1	33	2.1
7	Aug_22_2022	292	280.34	279.34	274.73	270.81	262.94	256.04(-5.2%)	DT	OpenShort	-75	-1.4	-243	-250	-272	-157	0.45	47%	-0.67	7.8	3.39%	-1.6	-1.9	39	1
8	Aug_19_2022	293.96	280.43	283.2	280.76	279.27	275.47	270.08(-3.84%)	DT	OpenShort	-75	-0.9	-88	-110	-96	-62	0.63	49%	-0.58	21.4	3.32%	-1.5	-0.8	45	-0
9	Aug_18_2022	295.67	280.33	285.63	284.59	283.62	278.68	280.87(1.12%)	DP	OpenShort	-75	-0.3	-77	-130	-89	-39	0.47	52%	-0.56	34.9	3.29%	0.4	0	51	-0.7
10	Aug_17_2022	297.33	280.48	286.84	285.91	285.72	283.07	277.76(-3.85%)	DT	OpenShort	-75	-0.7	-92	-70	-110	-37	0.66	52%	-0.6	52.4	3.33%	-1	-0.2	49	-0.7

11	Aug_16_2022	299.13	280.36	287.9	287.75	288.38	288.56	288.89(0.94%)	UT	OpenLong	75	0.1	20	10	15	35	0.75	54%	-0.5	65.2	3.3%	0.3	0.7	71	-1.2
12	Aug_15_2022	300.62	279.33	287.23	284.71	287.76	288.37	286.19(-1.06%)	UD	OpenLong	75	0.1	36	50	32	49	1.12	54%	-0.49	61.5	3.3%	-0.2	0.5	75	-1.5
13	Aug_12_2022	302.11	277.81	286.91	286.09	284.2	288.2	289.26(0.62%)	UT	HoldLong	65	0.2	19	80	5	61	0.39	57%	-0.5	63.6	3.4%	0.6	0.8	77	-2.2
14	Aug_11_2022	303.63	276.13	286.19	286.99	285.16	287.16	287.46(0.18%)	UT	OpenLong	75	0	91	30	85	108	0.39	57%	-0.5	60.1	3.4%	0.4	0.8	63	-1.8
15	Aug_10_2022	305.17	274.21	285.67	288.13	286.84	280.2	286.95(4.85%)	N/A	N/A	0	-0.1	-29	-180	-57	56	0.53	57%	-0.57	57.3	3.4%	0.2	0.8	51	-1.6

16	Aug_9_2022	306.91	272.45	283.39	288.18	288.34	283.16	273.67(-6.63%)	DT	OpenShort	-75	-0.9	-141	-120	-187	-1	0.75	52%	-0.53	57.5	3.38%	-1.7	0.1	51	-1.2
17	Aug_8_2022	308.54	271.33	281.57	289.77	291.88	293.49	293.1(-0.22%)	UD	OpenLong	75	0.2	42	60	28	84	0.55	56%	-0.49	57.4	3.33%	0.1	1.3	63	-1.8
18	Aug_5_2022	310.07	269.12	277.6	287.64	289.24	293.51	293.76(0.21%)	UT	OpenLong	75	0.4	84	120	79	98	0.56	51%	-0.44	57.8	3.33%	0.9	1.6	69	-1.3
19	Aug_4_2022	311.43	267.39	274.67	285.27	286.38	290.27	293.15(2.07%)	UT	OpenLong	75	0.5	104	110	104	104	0.64	51%	-0.42	65.6	3.51%	1.4	1.8	68	-1
20	Aug_3_2022	312.73	265.59	273.47	283.04	283.56	284.96	287.2(1.97%)	UT	OpenLong	75	0.3	68	40	57	101	0.45	51%	-0.34	71.8	3.51%	1.3	1.6	69	-2.8

21	Aug_2_2022	313.8	263.62	272.03	277.98	282.22	282.49	281.66(-0.28%)	UD	OpenLong	75	0.3	71	50	61	100	0.48	54%	-0.31	68	3.52%	0.5	1.4	65	-1.4
22	Aug_1_2022	314.79	262.18	270.58	271.9	277.06	282.17	282.44(0.2%)	UT	OpenLong	75	0.8	85	190	81	97	0.69	54%	-0.39	58.1	3.61%	0.5	1.6	66	-2.7
23	Jul_29_2022	316.01	260.35	267.75	265.82	269.26	281.95	281.89(-0.04%)	UD	OpenLong	75	1.3	188	370	207	129	0.68	52%	-0.49	42.2	3.64%	1.2	1.8	66	-2.8
24	Jul_28_2022	317.56	258.08	265	262.52	261.69	271.96	282(7.67%)	UT	OpenLong	75	1.6	213	270	241	128	1.99	45%	-0.52	29.4	3.7%	1.6	2	58	-1.3
25	Jul_27_2022	319.21	256.03	261.5	263.01	257.53	256.58	261.91(4.24%)	UT	OpenLong	75	-0.1	21	-90	17	32	1.11	41%		36.4	4.03%	1.6	0.5	52	-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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