ALGN Forecast and Technical Stock Analysis
Sell candidate since 2019-07-18 Loss -37.32%
Align Technology gained 0.19% in the last trading day ( Monday, 19th Aug 2019 ), rising from $177.29 to $177.62 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.68% from a day low at $176.59 to a day high of $181.33. The price has risen in 6 of the last 10 days , but is still down by -5.71% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.01 million more shares were traded than the day before. In total, 1.06 million shares bought and sold for approximately $187.60 million.
- 30 day high of the ALGN stock price was $283.26 and low was $172.62.
- 90 day high was $326.21 and low was $172.62.
- 52 week high for Align Technology - $398.88 and low - $172.62.
Align Technology lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -39.40% during the next 3 months and, with 90% probability hold a price between $96.59 and $134.77 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday August 14, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Align Technology holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $178.37 and $232.44. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 28 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Align Technology finds support from accumulated volume at $177.29.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.74 between high and low, or 2.68%. For the last week, the stock has had a daily average volatility of 2.59%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.59 %Average volatility
Very Low Low Medium High Very High
|ALGN $177.62 ($0.33 0.19%)|
ALGN is up $0.33 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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