ALIGN TECHNOLOGY INC (ALGN)

US0162551016 - Common Stock

229.9  +6.21 (+2.78%)

After market: 229.9 0 (0%)

Technical Rating and Analysis

3

Overall ALGN gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ALGN was also a bad performer in the overall market in the last year.

61% of all other stocks performed better in the past year than ALGN.
ALGN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ALGN has a been trading in the 204.77 - 231.86 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ALGN is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, ALGN did better than 58% of them.
Weekly and Daily overview Charts
ALGN Weekly chart
ALGN Daily chart
Setup Rating and Analysis

7

ALGN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 230.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 221.43, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

201.98

278.23

We found 3 important support areas.

  • A support zone ranging from 216.62 to 221.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 208.57 to 209.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 204.02 to 204.03. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 230.01 to 232.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @248.32 from a trend line in the daily time frame.
  • A resistance zone ranging from 254.82 to 257.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @275.48 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
CRS39.03
Mansfield-2.12
10 Day High231.86
10 Day Low206.28
20 Day High231.86
20 Day Low204.77
52 Week High335.4
52 Week Low196.09
Performance
1 Week2.07%
2 Weeks9.07%
1 Month6.16%
3 Month-1.74%
6 Month-10.06%
12 Month4.75%
2 Year16.9%
3 Year-62.41%
5 Year-17.11%
10 Year304.04%
15 Year1305.26%
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)2.14
RSI(14)57.62
LBB203.54
UBB232.11
ALGN Daily chart

ALIGN TECHNOLOGY INC

NASDAQ:ALGN (11/18/2024, 8:08:16 PM)

After market: 229.9 0 (0%)

229.9

+6.21 (+2.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.78%
1 Week2.07%
2 Weeks9.07%
1 Month6.16%
3 Month-1.74%
6 Month-10.06%
12 Month4.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.68
ATR(20)%3.65%
ATR Inc
Range Today8.68
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 High231.86
10 Day Low206.28
20 Day High231.86
20 Day Low204.77
52 Week High335.4
52 Week Low196.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume940.20K
Volume Incr-18.5%
Vol(5)820.92K
Vol(50)811.46K