ALIGN TECHNOLOGY INC (ALGN)

US0162551016 - Common Stock

211.06  -2.52 (-1.18%)

After market: 211.06 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ALGN. ALGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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: 84% of all stocks are doing better.
ALGN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ALGN is lagging the market.
In the last month ALGN has a been trading in the 210.60 - 246.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ALGN is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, ALGN did better than 41% of them.
Weekly and Daily overview Charts
ALGN Weekly chart
ALGN Daily chart
Setup Rating and Analysis

3

The technical rating of ALGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

201.99

272.00

We found 2 important support areas.

  • A support zone ranging from 208.57 to 210.91. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @204.03 from a horizontal line in the daily time frame.

5 important resistance areas can be observed.

  • A resistance zone ranging from 227.41 to 230.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 235.40 to 235.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 240.52 to 243.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @256.30 from a horizontal line in the daily time frame.
  • Resistance @269.31 from a trend line in the weekly time frame.
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
CRS16.42
Mansfield-2.63
10 Day High246.19
10 Day Low210.6
20 Day High246.19
20 Day Low210.6
52 Week High335.4
52 Week Low196.09
Performance
1 Week-10.34%
2 Weeks-9.16%
1 Month-7.52%
3 Month-16.53%
6 Month-12.85%
12 Month-22.37%
2 Year0.08%
3 Year-67.88%
5 Year-24.36%
10 Year277.5%
15 Year1084.4%
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)-3.05
RSI(14)35.76
LBB210.55
UBB248.18
ALGN Daily chart

ALIGN TECHNOLOGY INC

NASDAQ:ALGN (12/20/2024, 8:00:00 PM)

After market: 211.06 0 (0%)

211.06

-2.52 (-1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.18%
1 Week-10.34%
2 Weeks-9.16%
1 Month-7.52%
3 Month-16.53%
6 Month-12.85%
12 Month-22.37%
2 Year0.08%
3 Year-67.88%
5 Year-24.36%
10 Year277.5%
15 Year1084.4%
Volatility
ATR(14)7.52
ATR(20)%4.04%
ATR Inc-24.9%
Range Today4.38
ADR(20)8.15
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.42
Mansfield-2.63
10 Day High246.19
10 Day Low210.6
20 Day High246.19
20 Day Low210.6
52 Week High335.4
52 Week Low196.09
CS1 End210.91
CR1 Start227.41
Volume & EV
DER(3)0.91%
DER(5)1.28%
Volume1.46M
Volume Incr35.82%
Vol(5)942.52K
Vol(50)859.74K