ALIGN TECHNOLOGY INC (ALGN)

US0162551016 - Common Stock

298.98  -2.36 (-0.78%)

After market: 298.98 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ALGN. In the last year, ALGN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

61% of all other stocks performed better in the past year than ALGN.
In the last month ALGN has a been trading in the 296.50 - 331.63 range, which is quite wide. It is currently trading near the lows of this range.
ALGN is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 72% of 196 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ALGN is currently trading in the middle 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 slightly.
Weekly and Daily overview Charts
ALGN Weekly chart
ALGN Daily chart
Setup Rating and Analysis

5

ALGN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

193.89

333.56

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 298.97 to 298.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @195.85 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 311.88 to 315.86. 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 323.29 to 330.26. 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
CRS39.01
Mansfield-0.72
10 Day High331.64
10 Day Low296.5
20 Day High331.64
20 Day Low296.5
52 Week High413.2
52 Week Low176.34
Performance
1 Week-5.08%
2 Weeks-5.86%
1 Month-6.94%
3 Month12.26%
6 Month10.78%
12 Month-15.81%
2 Year3.13%
3 Year-49.8%
5 Year-7.92%
10 Year493.33%
15 Year2309.19%
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)-3.29
RSI(14)38.91
LBB293.25
UBB332.89
ALGN Daily chart

ALIGN TECHNOLOGY INC

NASDAQ:ALGN (4/19/2024, 3:44:11 PM)

After market: 298.98 0 (0%)

298.98

-2.36 (-0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.78%
1 Week-5.08%
2 Weeks-5.86%
1 Month-6.94%
3 Month12.26%
6 Month10.78%
12 Month-15.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)11.03
ATR(20)%3.41%
ATR Inc
Range Today8.25
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 High331.64
10 Day Low296.5
20 Day High331.64
20 Day Low296.5
52 Week High413.2
52 Week Low176.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume517.13K
Volume Incr-7.12%
Vol(5)512.35K
Vol(50)602.13K