ALIGN TECHNOLOGY INC (ALGN)

US0162551016 - Common Stock

271.5  -2.06 (-0.75%)

After market: 271.05 -0.45 (-0.17%)

Technical Rating and Analysis

0

Overall ALGN gets a technical rating of 0 out of 10. ALGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ALGN is a bad performer in the overall market: 79% of all stocks are doing better.
In the last month ALGN has a been trading in the 263.99 - 327.49 range, which is quite wide. It is currently trading near the lows of this range.
ALGN is part of the Health Care Equipment & Supplies industry. There are 192 other stocks in this industry, ALGN did better than 57% of them.
ALGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALGN is lagging the market.
Weekly and Daily overview Charts
ALGN Weekly chart
ALGN Daily chart
Setup Rating and Analysis

6

ALGN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 271.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

194.66

325.14

We found 2 important support areas.

  • A support zone ranging from 271.49 to 271.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @196.63 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 277.58 to 280.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 288.33 to 288.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 317.12 to 321.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.08
Mansfield-1.94
10 Day High291.8
10 Day Low263.99
20 Day High327.49
20 Day Low263.99
52 Week High413.2
52 Week Low176.34
Performance
1 Week-0.07%
2 Weeks-5.69%
1 Month-9.19%
3 Month-12.07%
6 Month31.39%
12 Month-6.7%
2 Year-2.21%
3 Year-53.99%
5 Year-4.52%
10 Year397.16%
15 Year2195.01%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.84
RSI(14)35.02
LBB267.76
UBB291.83
ALGN Daily chart

ALIGN TECHNOLOGY INC

NASDAQ:ALGN (5/17/2024, 7:00:00 PM)

After market: 271.05 -0.45 (-0.17%)

271.5

-2.06 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.75%
1 Week-0.07%
2 Weeks-5.69%
1 Month-9.19%
3 Month-12.07%
6 Month31.39%
12 Month-6.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)10.69
ATR(20)%4.32%
ATR Inc
Range Today6.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High291.8
10 Day Low263.99
20 Day High327.49
20 Day Low263.99
52 Week High413.2
52 Week Low176.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume591.10K
Volume Incr-25.67%
Vol(5)516.72K
Vol(50)600.11K