Trading Signals: ALGN Stock Price Prediction and Forecast

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Thu. Mar. 30, 2017

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

(Align Technology Inc)
ALGN latest price $113.9600 (-0.24%) ($113.7500 - $114.9800) on Thu. Mar. 30, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.46% (three month average)
RSI   80
Latest Price   $113.9600(-0.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.3% a day on average for past five trading days.
Weekly Trend   ALGN advances 2.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
IWO(55%)    VT(55%)    VUG(55%)    IVW(54%)    IWF(54%)
Factors Impacting ALGN price   ALGN will decline at least -0.73% in a week (0% probabilities).
VIXM(-13%)    UUP(-13%)    TLT(-6%)    IPO(-4%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.73% (StdDev 1.46%)
Hourly BBV 0 ()
Intraday Trend -0.5%

5 Day Moving Average   $114(-0.04%)
10 Day Moving Average   $113.12(0.74%)
20 Day Moving Average   $109.81(3.78%)
To recent high   -0.2%
To recent low   26.7%
Market Cap   $8.978b

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 3.76% (three month std-dev: 1.46%) daily (68% of days).

Sample size 12 Average positive next day return: 1.33%(67%) Average negative next day return: -3.07%(33%) Sample size 12 Average positive next three day return: 1.46%(75%) Average negative next three day return: -1.11%(25%) Sample size 12 Average positive next weekly return: 3.12%(75%) Average negative next weekly return: -1.39%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170430

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_30_2017	99.16	109.81	113.12	114	113.93	114.19	113.96(-0.24%)	UD	OpenLong	75	-0	40	10	17	110	0.64	62%	0.24	67.6	1.46%	0	1	80	INF
2	Mar_29_2017	98.92	109.32	112.78	113.71	113.73	113.93	114.23(0.29%)	UT	HoldLong	65	0.1	49	10	23	126	0.3	62%	0.26	69.5	1.47%	0	1.2	81	INF
3	Mar_28_2017	98.66	108.8	112.4	113.27	113.29	113.67	113.9(-0.11%)	UD	OpenLong	75	0.2	53	20	23	142	0.39	59%	0.27	70.2	1.47%	0	1.2	83	INF
4	Mar_27_2017	98.39	108.24	111.78	112.7	112.7	113.54	114.02(0.13%)	UT	HoldLong	65	0.3	58	50	28	148	0.64	59%	0.31	68.1	1.5%	0	1.4	85	INF
5	Mar_24_2017	98.09	107.65	111.19	112.54	112.42	112.91	113.87(1.17%)	UT	HoldLong	65	0.3	76	30	44	173	0.66	59%	0.3	70.5	1.5%	0	1.5	85	INF

6	Mar_23_2017	97.8	107.08	110.36	112.14	112.19	111.86	112.55(0.5%)	UT	HoldLong	65	0.1	45	-20	7	159	0.53	59%	0.29	73	1.5%	0	1.4	76	INF
7	Mar_22_2017	97.52	106.51	109.66	111.72	112.01	111.92	111.99(0.84%)	UT	HoldLong	50	0.1	30	0	-11	151	0.51	59%	0.3	73.4	1.5%	0	1.4	75	INF
8	Mar_21_2017	97.23	105.96	108.86	111.38	111.79	112.52	111.06(-1.92%)	UD	OpenLong	75	-0.1	72	60	40	169	1.03	59%	0.27	77.7	1.5%	0	1.4	74	INF
9	Mar_20_2017	96.97	105.49	108.09	110.67	110.93	112.09	113.23(1.23%)	UT	HoldLong	65	0.7	99	80	74	174	0.86	62%	0.3	81.4	1.48%	0	2.2	85	INF
10	Mar_17_2017	96.68	104.89	107.03	109.62	109.64	111.07	111.85(1.25%)	UT	HoldLong	65	0.7	103	90	84	161	1.2	62%	0.3	90.7	1.48%	0	2.2	85	INF

11	Mar_16_2017	96.39	104.3	106.22	108.31	108.45	109.77	110.47(0.15%)	UT	HoldLong	65	0.8	105	90	92	142	0.62	62%	0.28	95.9	1.48%	0	2.2	78	INF
12	Mar_15_2017	96.12	103.76	105.55	107.29	107.15	108.21	110.31(2.63%)	UT	HoldLong	65	1.2	89	70	76	126	1.08	64%	0.25	105.6	1.49%	0	2.5	81	INF
13	Mar_14_2017	95.88	103.15	104.86	105.97	106.04	107.12	107.48(-0.47%)	UD	OpenLong	75	0.7	75	70	65	106	0.49	61%	0.2	112.1	1.46%	0	1.9	78	INF
14	Mar_13_2017	95.69	102.66	104.37	105.11	105.14	106.08	107.99(2.54%)	UT	OpenLong	75	1.2	78	60	72	95	0.67	61%	0.2	107.4	1.46%	0	2.3	74	INF
15	Mar_10_2017	95.5	102.11	103.78	104.06	104.16	104.97	105.32(-0.04%)	UD	OpenLong	75	0.5	47	60	41	63	0.45	58%	0.16	100.4	1.42%	0	1.4	69	INF

16	Mar_9_2017	95.35	101.65	103.52	103.8	103.67	104.2	105.36(1.58%)	UT	OpenLong	75	0.6	43	30	36	65	0.48	58%	0.16	91.5	1.43%	0	1.5	74	INF
17	Mar_8_2017	95.2	101.11	103.1	103.55	103.51	103.35	103.72(0.55%)	UT	OpenLong	75	0.1	18	-10	6	54	0.38	56%	0.14	75.3	1.42%	0	0.9	71	INF
18	Mar_7_2017	95.07	100.63	102.85	103.58	103.54	103.15	103.15(0.4%)	N/A	N/A	0	-0.1	-2	-30	-21	55	0.61	59%	0.15	71	1.43%	0	0.8	75	INF
19	Mar_6_2017	94.93	100.18	102.73	103.5	103.75	103.67	102.74(-1.25%)	UD	OpenLong	65	-0.2	16	0	-4	76	0.77	61%	0.14	71.4	1.45%	0	0.8	77	INF
20	Mar_3_2017	94.8	99.84	102.64	103.4	103.58	103.94	104.04(-0.08%)	UD	OpenLong	75	0.2	36	30	14	100	0.52	63%	0.14	76.7	1.47%	0	1.2	86	INF

21	Mar_2_2017	94.67	99.39	102.28	103.17	103.24	103.82	104.12(0.28%)	UT	HoldLong	65	0.3	60	40	39	123	0.57	63%	0.16	80.3	1.48%	0	1.4	88	INF
22	Mar_1_2017	94.52	99.03	101.86	102.58	102.69	103.23	103.83(1.04%)	UT	HoldLong	65	0.4	64	40	40	134	0.78	63%	0.16	85.7	1.48%	0	1.5	90	INF
23	Feb_28_2017	94.37	98.43	101.33	102.03	102.04	102.66	102.76(0.49%)	UT	HoldLong	65	0.2	56	40	29	138	0.78	59%	0.13	78.6	1.49%	0	1.3	90	INF
24	Feb_27_2017	94.25	97.81	100.83	101.85	101.53	102.16	102.26(-0.61%)	UD	OpenLong	75	0.1	59	30	29	150	0.63	59%	0.14	69.4	1.5%	0	1.2	88	INF
25	Feb_24_2017	94.12	97.25	100.32	101.75	101.4	101.42	102.89(1.71%)	UT	OpenLong	75	0.3	60	-10	28	156	0.72	59%		66.2	1.5%	0	1.5	75	INF
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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