Trading Signals: ALGN Stock Price Prediction and Forecast

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Wed. Jan. 22, 2020

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

(Align Technology Inc)
ALGN latest price $279.2900 (2.3%) ($279.2900 - $279.2900) on Wed. Jan. 22, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.11% (three month average)
RSI   52
Latest Price   $279.2900(2.3%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN declines -0.6% a day on average for past five trading days.
Weekly Trend   ALGN declines -0.9% a week on average for past two weeks.
Market Behavior   Normal 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(57%)    VUG(56%)    XLY(56%)    IVW(55%)
Factors Impacting ALGN price   ALGN will decline at least -1.055% in a week (0% probabilities).
VIXM(-41%)    VXX(-18%)    UUP(-14%)    TLT(-5%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.055% (StdDev 2.11%)
Hourly BBV -0 ()
Intraday Trend 0%

Resistance Level   $282.72
5 Day Moving Average   $278.41(0.32%)
10 Day Moving Average   $284.98(-2%)
20 Day Moving Average   $282.72(-1.21%)
To recent high   -6.3%
To recent low   30.7%
Market Cap   $22.003b

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 2.49% (three month std-dev: 2.11%) daily (68% of days).

Sample size 1 Average positive next day return: 3.45%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 6.94%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 9.61%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200222

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_22_2020	240.83	282.72	284.98	278.41	279.47	276.15	279.29(2.3%)	DP	OpenShort	-75	0.1	-8	-70	-2	-27	0.83	70%	0.44	18.9	2.11%	-0	-0.5	52	1.1
2	Jan_21_2020	239.78	282.48	285.46	280.04	278.19	276.78	273.01(-2.68%)	DT	OpenShort	-75	-1	-183	-60	-212	-96	0.86	68%	0.39	29.8	2.1%	0.1	-1.3	51	1.4
3	Jan_17_2020	238.86	282.61	286.9	285.05	281.8	282.8	280.54(-1.58%)	UD	OpenLong	75	-0.6	11	-10	5	27	0.78	73%	0.44	54.4	2.07%	0.2	-0.3	54	1.9
4	Jan_16_2020	237.82	282.29	287.04	287.63	286.18	279.61	285.05(3.97%)	N/A	N/A	0	-0.4	-46	-180	-67	16	0.96	73%	0.47	61.6	2.06%	0.4	0.4	56	2.2
5	Jan_15_2020	236.71	281.5	286.95	289.96	288.28	280.8	274.16(-4.62%)	DT	OpenShort	-75	-2.1	-315	-200	-390	-91	1.57	70%	0.44	65.4	2.01%	-1.5	-1	50	2

6	Jan_14_2020	235.67	281.4	287.67	292.3	293.91	292.76	287.43(-3.58%)	CR	SmallShort	-20	-0.6	-37	-10	-69	58	1.08	80%	0.49	69.4	1.91%	-1.9	0.8	60	2.3
7	Jan_13_2020	234.52	280.37	286.58	291.44	293.52	295.76	298.09(1.59%)	UT	HoldLong	65	0.8	98	70	89	123	0.47	91%	0.54	59.5	1.85%	0.8	2.2	76	2.5
8	Jan_10_2020	233.25	278.84	284.48	289	289.77	295.06	293.42(-1.1%)	UD	OpenLong	75	0.6	138	140	140	133	0.59	91%	0.51	51.6	1.88%	0	1.9	72	1.4
9	Jan_9_2020	232.07	277.87	282.88	286.42	287.89	291.28	296.69(3.79%)	UT	HoldLong	65	1.4	234	100	255	169	1.32	91%	0.54	43.7	1.88%	1.2	2.6	77	1.4
10	Jan_8_2020	230.83	276.63	280.87	283.79	283.85	284.49	285.87(0.97%)	UT	OpenLong	75	0.4	28	20	14	68	0.59	89%	0.5	41.3	1.85%	1.6	1.6	75	0.7

11	Jan_7_2020	229.68	275.97	280.06	282.43	283.28	284.51	283.11(-0.98%)	UD	OpenLong	75	0.1	64	40	57	86	0.52	89%	0.48	36.6	1.86%	0.5	1.4	69	0.6
12	Jan_6_2020	228.59	275.55	279.07	280.88	282.26	283.22	285.9(1.91%)	UT	HoldLong	65	1	85	40	81	95	0.77	89%	0.49	28.6	1.85%	2.6	2.1	77	0.6
13	Jan_3_2020	227.47	274.92	277.82	279.24	279.63	282.05	280.54(-1.06%)	UD	OpenLong	75	0.3	43	60	33	71	0.47	88%	0.48	17.1	1.87%	0.3	1.3	68	0.5
14	Jan_2_2020	226.38	274.73	277.06	278.73	278.92	281.3	283.55(1.62%)	UT	OpenLong	75	1.2	129	60	136	108	0.77	88%	0.7	14.7	1.87%	2	2.1	58	1.3
15	Dec_31_2019	224.81	274.31	275.54	277.57	277.52	277.22	279.04(1.33%)	UT	OpenLong	75	0.4	31	-10	24	51	0.55	88%	0.46	5.4	1.89%	0.7	1.3	56	0.9

16	Dec_30_2019	223.79	274.05	274.65	277.39	277.2	276.54	275.39(-0.83%)	N/A	N/A	0	-0.6	-27	-20	-43	20	0.42	88%	0.42	4	1.89%	-2.2	0.4	53	0.4
17	Dec_27_2019	222.86	274.13	273.8	276.89	277.89	277.82	277.69(-0.1%)	UD	OpenLong	75	0.2	24	10	21	33	0.33	88%	0.41	7.1	1.9%	0.4	1	52	0.9
18	Dec_26_2019	221.94	274.18	272.87	276.11	276.69	277.86	277.96(0.07%)	UT	OpenLong	75	0.5	19	40	18	21	0.26	88%	0.58	15.1	1.92%	0.4	1.1	54	1.2
19	Dec_24_2019	220.65	274.14	272.53	275.08	275.65	277.95	277.76(-0.14%)	UD	OpenLong	75	0.7	76	60	88	40	0.2	88%	0.41	14.5	1.95%	-2.4	1	48	1.3
20	Dec_23_2019	219.75	274.11	272.04	273.18	274.41	275.53	278.14(1.92%)	UT	OpenLong	75	1.4	83	40	100	30	0.53	88%	0.36	11.4	1.95%	2	1.1	51	1.2

21	Dec_20_2019	218.96	273.9	271.48	271.57	271.94	273.36	272.91(-0.33%)	N/A	N/A	0	0.4	10	40	18	-14	1.24	88%	0.33	12.5	1.96%	0.5	-0.3	47	1.5
22	Dec_19_2019	218.25	273.88	271.69	270.22	271.24	273.29	273.8(0.37%)	UT	OpenLong	75	1	79	60	102	9	0.59	88%	0.3	17.1	1.99%	1	-0	44	1.8
23	Dec_18_2019	217.59	273.66	271.71	269.14	269.33	270.53	272.78(1.68%)	RB	SmallLong	20	1	30	30	48	-24	0.72	88%	0.32	19.3	2.01%	1.2	-0.2	40	1.7
24	Dec_17_2019	216.89	273.62	272.13	269.68	268.23	269.19	268.28(-0.67%)	DT	OpenShort	-75	-0.4	-14	10	-4	-43	0.63	88%	0.34	39	2.01%	0.1	-1.4	36	2.1
25	Dec_16_2019	216.16	273.7	272.94	270.75	270.02	268.13	270.09(1.47%)	DT	HoldShort	-50	-0.2	-5	-60	5	-35	0.72	88%		60.7	2.02%	0.7	-1	38	2.2
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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