ALIGN TECHNOLOGY INC (ALGN) Stock Technical Analysis
NASDAQ:ALGN - Nasdaq - US0162551016 - Common Stock
Taking everything into account, ALGN scores 3 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.
When comparing the yearly performance of all stocks, ALGN is a bad performer in the overall market: 74% of all stocks are doing better.
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 204.13 - 230.27 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ALGN is an average performer in the Health Care Equipment & Supplies industry, it outperforms 45% of 191 stocks in the same industry.
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
201.98
264.22
When analyzing the support we can see 3 important areas.
- Support @227.92 from a trend line in the daily time frame.
- A support zone ranging from 208.25 to 209.10. 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @239.69 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 @261.60 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.24
Mansfield-1.88
10 Day High230.27
10 Day Low207.77
20 Day High230.27
20 Day Low204.13
52 Week High335.4
52 Week Low196.09
Performance
1 Week6.7%
2 Weeks9.48%
1 Month7.2%
3 Month3.97%
6 Month3.42%
12 Month-13.73%
2 Year-15.47%
3 Year-53.94%
5 Year-11.32%
10 Year329.78%
15 Year1116%
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)2.01
RSI(14)59.76
LBB202.55
UBB226.99
ALIGN TECHNOLOGY INC
NASDAQ:ALGN (1/21/2025, 8:00:00 PM)
After market: 228 0 (0%)228
+3.77 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.68%
1 Week6.7%
2 Weeks9.48%
1 Month7.2%
3 Month3.97%
6 Month3.42%
12 Month-13.73%
2 Year-15.47%
3 Year-53.94%
5 Year-11.32%
10 Year329.78%
15 Year1116%
Volatility
ATR(14)7.5
ATR(20)%3.09%
ATR Inc4.53%
Range Today3.47
ADR(20)6.11
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.24
Mansfield-1.88
10 Day High230.27
10 Day Low207.77
20 Day High230.27
20 Day Low204.13
52 Week High335.4
52 Week Low196.09
CS1 End227.92
CR1 Start239.69
Volume & EV
DER(3)-0.67%
DER(5)-1.45%
Volume744.30K
Volume Incr-18.85%
Vol(5)546.20K
Vol(50)698.03K