Trading Signals: ALGN Stock Price Prediction and Forecast

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Fri. Jan. 21, 2022

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

(Align Technology Inc)
ALGN latest price $462.6300 (-5.73%) ($462.6300 - $462.6300) on Fri. Jan. 21, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.69% (three month average)
RSI   9
Latest Price   $462.6300(-5.73%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ALGN declines -2.5% a day on average for past five trading days.
Weekly Trend   ALGN declines -10.4% 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)
VUG(50%)    IBUY(49%)    SKYY(49%)    XLY(49%)    IWF(47%)
Factors Impacting ALGN price   ALGN will decline at least -1.345% in a week (0% probabilities).
VIXM(-31%)    UUP(-22%)    TBT(-11%)    VXX(-8%)    USO(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.345% (StdDev 2.69%)
Hourly BBV -1.8 ()
Intraday Trend 0%

Resistance Level   $573.17
5 Day Moving Average   $493.12(-6.18%)
10 Day Moving Average   $516.56(-10.44%)
20 Day Moving Average   $573.17(-19.29%)
To recent high   -34.9%
To recent low   0%
Market Cap   $36.446b

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 11.58% (three month std-dev: 2.69%) daily (68% of days).

Sample size 50 Average positive next day return: 3.08%(34%) Average negative next day return: -3.71%(66%) Sample size 50 Average positive next three day return: 5.16%(40%) Average negative next three day return: -6.98%(60%) Sample size 50 Average positive next weekly return: 7.04%(42%) Average negative next weekly return: -10.71%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_21_2022	640.91	573.17	516.56	493.12	485.18	476.6	462.63(-5.73%)	DT	HoldShort	-65	-0.5	-504	-170	-524	-442	1.06	41%	-0.43	-46.6	2.69%	-1.8	-1.7	9	-3
2	Jan_20_2022	643.69	582.64	527.13	505.53	500.56	494.57	490.77(-1.56%)	DT	HoldShort	-65	-0.2	-143	-110	-96	-284	0.66	45%	-0.37	-41.9	2.61%	-0.8	-1.5	10	-2.2
3	Jan_19_2022	646.06	589.89	535.87	515.17	508.98	493.77	498.56(1.85%)	DP	OpenShort	-75	-0.3	-381	-250	-374	-401	1.2	45%	-0.34	-38.4	2.62%	-0.4	-1.5	14	-1.6
4	Jan_18_2022	648.25	595.29	547.98	527.3	518.8	506.55	489.51(-6.6%)	DT	HoldShort	-65	-0.7	-533	-210	-557	-462	1.39	45%	-0.42	-38.5	2.61%	-1.6	-1.9	10	-1.1
5	Jan_14_2022	651.01	601.82	563.64	538.99	536.36	524.2	524.12(-0.1%)	DT	HoldShort	-65	-0.3	-243	-170	-218	-319	0.73	48%	-0.27	-43.5	2.47%	-1	-1.6	12	0.3

6	Jan_13_2022	652.8	605.89	576.6	543.55	542.33	531.06	524.67(-2.65%)	DT	HoldShort	-65	-0.4	-425	-150	-434	-396	0.85	46%	-0.3	-51.8	2.47%	-1.7	-1.8	16	0.3
7	Jan_12_2022	654.78	610.44	590.22	551.89	547.96	548.53	538.97(-3.62%)	DT	HoldShort	-65	-0.3	-217	-10	-197	-275	0.84	47%	-0.27	-59.1	2.52%	-0.5	-1.7	21	1
8	Jan_11_2022	656.58	614.24	601.84	559.8	555.08	553.6	559.22(2.05%)	DP	OpenShort	-65	-0	-3	-40	49	-157	0.69	49%	-0.22	-66.2	2.48%	1.3	-1.4	32	0.8
9	Jan_10_2022	658.01	618.1	611.59	572.63	559.9	547.38	547.96(0.19%)	DP	OpenShort	-75	-0.7	-427	-220	-463	-319	1.16	49%	-0.21	-62.6	2.48%	-0.7	-1.9	42	1
10	Jan_7_2022	659.4	624.28	623.24	592.75	580.58	556.56	546.92(-3.43%)	DT	OpenShort	-75	-1.3	-579	-350	-659	-340	1.17	48%	-0.21	-46.1	2.5%	-1.3	-2.2	39	0.7

11	Jan_6_2022	660.76	630.88	634.57	614.91	606.65	572.43	566.36(-2.1%)	DT	OpenShort	-75	-1.6	-809	-440	-948	-391	0.91	50%	-0.17	-25.7	2.48%	-1.4	-2.1	48	0.7
12	Jan_5_2022	661.87	636.49	643.28	634.15	629.39	604.59	578.52(-7.19%)	DT	OpenShort	-75	-1.9	-850	-300	-1013	-362	0.96	50%	-0.16	1.5	2.46%	-2.2	-2	47	0.9
13	Jan_4_2022	662.92	641.08	649.28	649.4	650.4	640.86	623.37(-3.89%)	DT	OpenShort	-75	-1	-302	-100	-382	-61	0.42	52%	-0.1	27.6	2.3%	-1.5	-0.7	59	1.4
14	Jan_3_2022	663.6	642.05	647.38	656	656.79	654.2	648.57(-1.4%)	N/A	N/A	0	-0.3	-97	-20	-143	40	0.24	55%	-0.07	36.6	2.29%	-1.2	0.3	55	1.4
15	Dec_31_2021	664.04	640.62	643.73	658.5	657.86	659.94	657.76(-0.72%)	UD	OpenLong	75	-0	28	20	9	86	0.46	55%	-0.07	36.4	2.3%	-0.1	0.6	46	1.3

16	Dec_30_2021	664.52	639.03	637.76	657.64	658.2	659.37	662.52(1.18%)	UT	OpenLong	75	0.2	112	10	117	98	0.21	55%	-0.04	30.9	2.3%	1	0.9	45	1.4
17	Dec_29_2021	664.78	636.05	632.07	654.32	655.54	655.79	654.78(-0.24%)	UD	OpenLong	75	0	16	10	13	24	0.16	55%	-0.05	17.5	2.3%	-0.7	0.7	43	1.4
18	Dec_28_2021	665.11	633.9	627.13	649.18	653.01	657.02	656.37(-0.71%)	UD	OpenLong	75	0.3	136	60	165	50	0.27	53%	-0.05	2.1	2.3%	-0.9	0.8	46	1.4
19	Dec_27_2021	665.42	632.67	624.24	637.09	644.53	655.29	661.07(1.17%)	UT	OpenLong	75	0.9	287	150	351	93	0.26	51%	-0.1	-18.4	2.33%	1	1.1	55	1.3
20	Dec_23_2021	666.08	631.17	624.07	626.59	628.84	648.99	653.44(1.16%)	UT	OpenLong	75	1	393	240	478	138	0.39	51%	-0.08	-38.8	2.35%	0.9	0.9	59	1.4

21	Dec_22_2021	666.63	631.03	625.4	614.96	618.01	633.78	645.94(2.68%)	UT	OpenLong	75	1.2	583	190	704	219	0.27	51%	-0.09	-57.5	2.36%	1.3	0.6	55	1.3
22	Dec_21_2021	667.2	631.37	627.63	606.91	605.31	608.69	629.07(5.56%)	UT	OpenLong	75	0.8	152	30	195	22	0.55	49%	-0.11	-70.6	2.34%	1.5	-0.1	58	0.9
23	Dec_20_2021	667.91	633.31	631.04	602.27	601.37	602.25	595.93(-2.08%)	DT	OpenShort	-75	-0.2	-57	10	-52	-70	0.43	45%	-0.15	-73.3	2.23%	-0.8	-1.4	49	0.5
24	Dec_17_2021	668.92	637.57	635.87	609.44	605.03	601.92	608.56(2.23%)	DP	OpenShort	-75	-0	-87	-60	-93	-68	0.6	45%	-0.11	-67	2.22%	1.2	-1	46	0.8
25	Dec_16_2021	669.63	641.32	637.39	621.42	613.01	600.5	595.28(-1.72%)	DT	OpenShort	-75	-0.9	-394	-180	-460	-194	0.69	45%		-54.9	2.2%	-1.4	-1.6	42	0.8
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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