Trading Signals: ALGN Stock Price Prediction and Forecast

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Tue. Jan. 9, 2018

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

(Align Technology Inc)
ALGN latest price $251.4400 (1.02%) ($250.0000 - $253.6400) on Tue. Jan. 9, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.97% (three month average)
RSI   60
Latest Price   $251.4400(1.02%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 2.3% a day on average for past five trading days.
Weekly Trend   ALGN advances 3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support ALGN advance at 0% a week (0% probability)
IWO(57%)    VT(56%)    VUG(56%)    IVW(55%)    IWF(55%)
Factors Impacting ALGN price   ALGN will decline at least -1.485% in a week (0% probabilities).
UUP(-14%)    VIXM(-12%)    TLT(-7%)    IGOV(-1%)    SHY(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.485% (StdDev 2.97%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $241.18(4.25%)
10 Day Moving Average   $233.49(7.69%)
20 Day Moving Average   $232.43(8.18%)
To recent high   -4.8%
To recent low   33.7%
Market Cap   $19.809b

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 3.61% (three month std-dev: 2.97%) daily (68% of days).

Sample size 14 Average positive next day return: 3.11%(57%) Average negative next day return: -0.8%(43%) Sample size 14 Average positive next three day return: 2.42%(64%) Average negative next three day return: -2.02%(36%) Sample size 14 Average positive next weekly return: 3.15%(50%) Average negative next weekly return: -2.87%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180209

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	Jan_9_2018	214.57	232.43	233.49	241.18	242.22	248.5	251.44(1.02%)	UT	OpenLong	75	1.2	169	190	181	133	1.21	68%	0.4	28	2.97%	0	2.3	60	0
2	Jan_8_2018	213.71	231.64	230.53	235.82	236.52	242.05	248.9(3.25%)	UT	OpenLong	75	1.9	155	170	175	96	2.07	68%	0.39	2.3	2.97%	0	2.4	61	0
3	Jan_5_2018	212.88	231.11	227.4	230.48	230.94	235.95	241.07(3.33%)	UT	OpenLong	75	1.8	106	160	128	39	1.57	66%	0.35	-36.5	2.95%	0	1.7	55	0
4	Jan_4_2018	212.14	230.64	227.4	227.56	227.47	230.98	233.3(0.91%)	UT	OpenLong	75	1	86	110	109	15	1.36	64%	0.27	-68.2	2.93%	0	0.4	46	0
5	Jan_3_2018	211.57	230.35	226.43	226.19	225.63	225.94	231.2(2.93%)	RB	SmallLong	20	0.8	30	0	46	-17	0.92	64%	0.26	-101.1	2.93%	0	0.1	46	0

6	Jan_2_2018	211.02	230.1	226.71	224.66	224.89	223.96	224.62(1.09%)	DP	OpenShort	-75	-0	-29	-30	-21	-51	0.98	62%	0.42	-133.3	2.91%	0	-0.9	38	0
7	Dec_29_2017	210.13	231.48	227.57	224.36	224.69	225.33	222.19(-1.89%)	DT	HoldShort	-50	-0.3	-5	20	8	-45	0.56	62%	0.25	-106.8	2.91%	0	-1.2	30	0
8	Dec_28_2017	209.61	233.32	228.74	223.67	223.34	225.81	226.48(0.01%)	N/A	N/A	0	0.3	7	70	25	-49	0.61	62%	0.25	-85.4	2.9%	0	-0.7	30	0
9	Dec_27_2017	209.09	234.83	229.62	225.1	223.4	224.05	226.45(1.3%)	N/A	N/A	0	0.1	10	-0	26	-40	0.71	62%	0.26	-72.5	2.91%	0	-0.8	45	0
10	Dec_26_2017	208.55	236.62	230.41	226.82	225.69	220.87	223.54(0.19%)	DP	OpenShort	-75	-0.3	-71	-160	-72	-67	0.45	62%	0.43	-58.2	2.91%	0	-1.1	49	0

11	Dec_22_2017	207.65	238.51	231.48	229.21	228.86	222.76	223.12(1.99%)	DP	OpenShort	-75	-0.5	-159	-190	-181	-93	1.16	62%	0.26	-47.7	2.9%	0	-1.2	51	0
12	Dec_21_2017	207.12	240.1	233.05	231.3	232.8	230.52	218.76(-6.37%)	DT	OpenShort	-75	-1	-95	-50	-105	-65	2.06	62%	0.25	-44.8	2.89%	0	-1.6	28	0
13	Dec_20_2017	206.61	241.94	235.4	234.3	234.68	234.96	233.65(-0.6%)	DT	OpenShort	-75	-0.1	-11	10	-5	-27	0.49	70%	0.32	-39.5	2.77%	0	-0.7	30	0
14	Dec_19_2017	205.96	243.05	235.38	234.7	234.8	235.08	235.05(-0.18%)	DP	OpenShort	-65	0	-1	10	12	-39	0.61	70%	0.33	-37.7	2.77%	0	-0.6	33	0
15	Dec_18_2017	205.28	244.07	234.7	234.56	234.86	234.39	235.47(0.82%)	DP	OpenShort	-75	0.1	-21	-10	-3	-76	0.8	72%	0.31	-37.7	2.77%	0	-0.7	31	0

16	Dec_15_2017	204.65	244.99	233.81	234.2	235	234.51	233.55(-0.11%)	DT	OpenShort	-75	-0.1	-45	-0	-22	-115	1.64	72%	0.38	-37.3	2.78%	0	-0.9	31	0
17	Dec_14_2017	203.87	246.08	235.66	235.18	235.44	235.32	233.8(-0.78%)	DT	OpenShort	-75	-0.1	-45	-0	-22	-112	0.98	72%	0.37	-34.2	2.78%	0	-1	38	0
18	Dec_13_2017	203.12	246.91	238.15	236.69	236.8	235.48	235.63(0.54%)	DP	OpenShort	-75	-0.1	-29	-40	-7	-96	0.74	72%	0.39	-33.5	2.78%	0	-0.9	39	0
19	Dec_12_2017	202.34	247.86	240.26	236.17	237.42	235.57	234.37(0.3%)	DP	OpenShort	-75	-0.2	-47	-40	-27	-106	1.01	72%	0.37	-33	2.78%	0	-1.1	37	0
20	Dec_11_2017	201.6	248.89	243.09	234.77	236.11	238.11	233.66(-2%)	DT	HoldShort	-50	-0.1	-19	80	6	-94	1.06	72%	0.38	-34.3	2.78%	0	-1.3	38	0

21	Dec_8_2017	200.84	249.77	245.9	233.2	234.08	239.27	238.43(-1.22%)	N/A	N/A	0	0.5	45	170	82	-66	1	72%	0.39	-37.2	2.77%	0	-1	41	0
22	Dec_7_2017	200.05	250.4	247.55	236.32	234.23	234.1	241.38(3.59%)	N/A	N/A	0	0.5	10	-30	37	-71	1.22	72%	0.42	-23.9	2.76%	0	-0.9	42	0
23	Dec_6_2017	199.22	251.01	248.87	240.22	238.42	228.89	233.01(2.49%)	DP	OpenShort	-75	-0.7	-182	-300	-195	-144	1.22	70%	0.39	-6.4	2.74%	0	-1.8	42	0
24	Dec_5_2017	198.45	251.81	251.35	245.3	245.75	234.36	227.36(0.69%)	DP	OpenShort	-75	-1.9	-316	-320	-359	-185	2.15	70%	0.36	11.7	2.74%	0	-2.6	34	0
25	Dec_4_2017	197.73	252.85	254.42	252.67	253.93	247.95	225.8(-11.13%)	DT	OpenShort	-75	-3.4	-214	-150	-250	-105	3.88	70%		46.1	2.74%	0	-3.5	33	0
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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