ALIGN TECHNOLOGY INC (ALGN) Stock Technical Analysis
NASDAQ:ALGN - Nasdaq - US0162551016 - Common Stock - Currency: USD
Taking everything into account, ALGN scores 2 out of 10 in our technical rating. In the past year, ALGN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than ALGN.
ALGN is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 61% are performing better than ALGN.
ALGN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ALGN has a been trading in the 141.74 - 186.28 range, which is quite wide. It is currently trading near the high of this range.
ALGN has an average volume of 1278530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
179.13
242.93
We found 1 important support area.
- A support zone ranging from 180.94 to 183.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 183.36 to 184.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @204.69 from a trend line in the weekly time frame.
- A resistance zone ranging from 216.85 to 218.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @225.41 from a trend line in the daily time frame.
- Resistance @240.52 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-1.55
10 Day High186.28
10 Day Low156.78
20 Day High186.28
20 Day Low141.74
52 Week High313.29
52 Week Low141.74
Performance
1 Week6.97%
2 Weeks14.49%
1 Month11.6%
3 Month-21.41%
6 Month-16.39%
12 Month-40.67%
2 Year-43.64%
3 Year-36.76%
5 Year-14.66%
10 Year211.61%
15 Year978.53%
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)3.52
RSI(14)63.38
LBB146.69
UBB188.49
183.35
-0.92 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.5%
1 Week6.97%
2 Weeks14.49%
1 Month11.6%
3 Month-21.41%
6 Month-16.39%
12 Month-40.67%
2 Year-43.64%
3 Year-36.76%
5 Year-14.66%
10 Year211.61%
15 Year978.53%
Volatility
ATR(14)9.64
ATR(20)%5.13%
ATR Inc-40.43%
Range Today4.5
ADR(20)9.09
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-1.55
10 Day High186.28
10 Day Low156.78
20 Day High186.28
20 Day Low141.74
52 Week High313.29
52 Week Low141.74
CS1 End183.34
CR1 Start183.36
Volume & EV
DER(3)-0.62%
DER(5)-0.41%
Volume1.16M
Volume Incr-6.73%
Vol(5)1.23M
Vol(50)1.28M