Trading Signals: ALGN Stock Price Prediction and Forecast

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Tue. Oct. 8, 2019

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

(Align Technology Inc)
ALGN latest price $184.3400 (-0.04%) ($0.0000 - $0.0000) on Tue. Oct. 8, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.85% (three month average)
RSI   61
Latest Price   $184.3400(-0.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN advances 0.2% a day on average for past five trading days.
Weekly Trend   ALGN advances 0.3% 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)
IWO(57%)    VT(57%)    VUG(56%)    XLY(56%)    IWM(55%)
Factors Impacting ALGN price   ALGN will decline at least -1.925% in a week (0% probabilities).
VIXM(-40%)    VXX(-18%)    UUP(-14%)    TLT(-6%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.925% (StdDev 3.85%)
Hourly BBV 0 ()
Intraday Trend INF%

5 Day Moving Average   $182.99(0.74%)
10 Day Moving Average   $181.75(1.43%)
20 Day Moving Average   $180.88(1.91%)
To recent high   -35.7%
To recent low   6.5%
Market Cap   $14.522b

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 1.83% (three month std-dev: 3.85%) daily (68% of days).

Sample size 19 Average positive next day return: 0.78%(63%) Average negative next day return: -2.1%(37%) Sample size 19 Average positive next three day return: 1.65%(53%) Average negative next three day return: -1.07%(47%) Sample size 19 Average positive next weekly return: 2.14%(47%) Average negative next weekly return: -2.53%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20191108

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	Oct_8_2019	231.82	180.88	181.75	182.99	45.95	46.09	184.34(-0.04%)	UD	OpenLong	75	0.4	8	-2230	8	8	1.06	9%	-0.59	53.6	3.85%	0	1	61	-2.1
2	Oct_7_2019	233.2	180.55	181.58	182.58	45.66	45.76	184.41(1.51%)	UT	OpenLong	75	0.5	4	-2230	2	8	0.85	9%	-0.6	46.5	3.85%	0	1.1	58	-0.3
3	Oct_4_2019	234.61	180	181.47	181.88	45.53	45.82	181.67(-1.72%)	UD	OpenLong	75	-0.1	8	-2200	7	11	0.86	9%	-0.64	28.6	3.85%	0	0.5	53	0.2
4	Oct_3_2019	236.13	179.68	181.93	180.7	45.48	45.57	184.85(2.87%)	UT	OpenLong	75	1.2	13	-2230	12	14	0.78	9%	-0.61	13.5	3.87%	0	1.4	59	-0.7
5	Oct_2_2019	237.57	179.28	181.46	179.52	44.91	45.24	179.69(-1.41%)	N/A	N/A	0	0	-1	-2200	-4	7	0.98	9%	-0.6	4.7	3.86%	0	0.1	58	-1.4

6	Oct_1_2019	239	179.13	181.14	180.33	44.87	45.4	182.26(0.74%)	UT	OpenLong	75	0.6	10	-2170	9	13	1.11	9%	-0.55	14.6	3.86%	0	0.9	53	-0.4
7	Sep_30_2019	240.31	178.9	180.7	180.49	44.96	44.59	180.92(2.93%)	UT	OpenLong	75	0.1	3	-2310	0	11	0.95	9%	-0.6	19.8	3.85%	0	0.6	54	0.4
8	Sep_27_2019	241.75	178.97	180.57	181.1	45.1	44.34	175.77(-1.79%)	N/A	N/A	0	-1.5	-15	-2370	-23	10	0.69	9%	-0.62	34.3	3.84%	0	-0.9	56	0.2
9	Sep_26_2019	243.26	179.19	180.82	183.29	45.61	45.34	178.98(-2.58%)	N/A	N/A	0	-1.2	-1	-2290	-11	28	1.17	9%	-0.6	54.6	3.84%	0	-0.1	56	0.6
10	Sep_25_2019	244.72	179.12	180.47	183.57	46.09	45.85	183.72(0.36%)	UT	OpenLong	75	0	13	-2280	6	35	0.86	9%	-0.59	58.5	3.84%	0	1.3	58	0.7

11	Sep_24_2019	246.17	178.62	180.04	181.97	45.88	45.88	183.07(-0.47%)	UD	OpenLong	75	0.3	8	-2240	1	28	1.82	9%	-0.6	45.1	3.84%	0	1.3	58	0.5
12	Sep_23_2019	247.66	178.21	179.49	180.89	45.42	46.34	183.94(-1.51%)	UD	OpenLong	75	0.9	15	-2100	11	27	1.24	9%	-0.6	34.6	3.84%	0	1.7	57	1
13	Sep_20_2019	249.16	177.76	178.41	180	45.03	45.89	186.76(3.54%)	UT	OpenLong	75	2.1	26	-2120	27	22	2.79	8%	-0.57	26.8	3.87%	0	2.8	52	1.1
14	Sep_19_2019	250.58	177.31	177.17	178.12	44.58	44.51	180.37(2.65%)	UT	OpenLong	75	0.9	7	-2260	9	2	1.14	12%	-0.57	21.7	3.83%	0	1.3	50	1.7
15	Sep_18_2019	252.02	177.1	176.8	176.98	44.39	44.17	175.72(-1.08%)	DT	OpenShort	-75	-0.5	-9	-2280	-8	-11	0.95	12%	-0.6	13.6	3.83%	0	-0.6	49	1.7

16	Sep_17_2019	253.54	177.06	176.89	177.79	44.32	44.64	177.64(-1.04%)	DT	OpenShort	-75	-0.1	-1	-2200	-1	-2	0.59	11%	-0.56	8.8	3.83%	0	0.2	56	1.4
17	Sep_16_2019	254.97	177.05	176.9	177.81	44.46	44.61	179.5(1.19%)	UT	OpenLong	75	0.7	10	-2230	12	5	1.01	11%	-0.55	5.1	3.88%	0	1	56	1.5
18	Sep_13_2019	256.38	176.92	177.17	176.53	44.35	44.01	177.39(1.56%)	N/A	N/A	0	0.4	0	-2300	-0	0	1.21	11%	-0.47	-22	3.87%	0	0.2	54	1.8
19	Sep_12_2019	257.6	176.92	177.39	176.07	44.08	44.3	174.66(-2.84%)	DT	OpenShort	-75	-0.6	-6	-2210	-7	-4	1.62	11%	-0.48	-52.6	3.86%	0	-0.9	45	1.8
20	Sep_11_2019	258.85	176.78	177.69	176.56	44.11	44.69	179.77(1.15%)	UT	OpenLong	75	1.3	12	-2160	14	7	1.28	11%	-0.45	-64.7	3.86%	0	1.2	55	1.7

21	Sep_10_2019	260.03	176.85	177.11	175.89	43.94	43.86	177.73(2.66%)	N/A	N/A	0	0.7	4	-2260	5	0	2.02	15%	-0.44	-79.5	3.85%	0	0.3	56	1.6
22	Sep_9_2019	261.19	176.93	176.86	175.93	43.86	43.52	173.12(-1.11%)	DT	OpenShort	-75	-1.1	-14	-2310	-15	-10	2.01	15%	-0.34	-92	3.85%	0	-1.4	45	1.7
23	Sep_6_2019	262.09	177.43	177.13	177.93	44.16	44.02	175.07(-1.15%)	N/A	N/A	0	-1	-7	-2280	-9	1	1.55	15%	-0.42	-92.5	3.85%	0	-0.8	48	1.9
24	Sep_5_2019	263.19	178.04	177.53	178.9	44.66	44.19	177.1(0.38%)	UD	OpenLong	65	-0.5	1	-2320	-3	12	1.22	15%	-0.38	-83.7	3.86%	0	-0.3	55	1.6
25	Sep_4_2019	264.19	178.35	177.48	178.93	44.84	44.3	176.43(-0.84%)	N/A	N/A	0	-0.7	-5	-2330	-10	11	1.28	21%		-108.4	3.87%	0	-0.5	55	1
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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