ALIGN TECHNOLOGY INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	ALGN
ISIN:

ALIGN TECHNOLOGY INC. - 1H - Technical analysis published on 03/28/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 325.90 USD

My targets

329.74 USD (+0.57%)

335.40 USD (+2.29%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ALIGN TECHNOLOGY INC. as long as the price remains well above 325.90 USD. The buyers' bullish objective is set at 329.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 335.40 USD. If there is any crossing, the next objective would be the resistance located at 360.26 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ALIGN TECHNOLOGY INC. rating is 327.88 USD. The price registered a decrease of -0.01% on the session with the lowest point at 326.07 USD and the highest point at 329.99 USD. The deviation from the price is +0.56% for the low point and -0.64% for the high point.

326.07

329.99

327.88

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ALIGN TECHNOLOGY INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	305.76	312.54	325.90	327.88	329.74	335.40	360.26
Change (%)	-6.75%	-4.68%	-0.60%	-	+0.57%	+2.29%	+9.88%
Change	-22.12	-15.34	-1.98	-	+1.86	+7.52	+32.38
Level	Intermediate	Intermediate	Minor	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	321.45	322.86	325.38	326.79	329.31	330.72	333.24
Camarilla	326.82	327.18	327.54	327.90	328.26	328.62	328.98
Woodie	322.01	323.14	325.94	327.07	329.87	331.00	333.80
Fibonacci	322.86	324.36	325.29	326.79	328.29	329.22	330.72

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	286.76	299.69	309.55	322.48	332.34	345.27	355.13
Camarilla	313.15	315.24	317.33	319.42	321.51	323.60	325.69
Woodie	285.24	298.92	308.03	321.71	330.82	344.50	353.61
Fibonacci	299.69	308.39	313.77	322.48	331.18	336.56	345.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	212.26	238.05	270.24	296.03	328.22	354.01	386.20
Camarilla	286.48	291.79	297.11	302.42	307.74	313.05	318.37
Woodie	215.45	239.65	273.43	297.63	331.41	355.61	389.39
Fibonacci	238.05	260.20	273.89	296.03	318.18	331.87	354.01

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	61.77
MACD (12,26,9):	1.9000
Directional Movement:	16.61
AROON (14):	57.14
DEMA (21):	327.93
Parabolic SAR (0,02-0,02-0,2):	329.76
Elder Ray (13):	1.89
Super Trend (3,10):	322.09
Zig ZAG (10):	328.07
VORTEX (21):	1.0700
Stochastique (14,3,5):	75.74
TEMA (21):	328.69
Williams %R (14):	-38.68
Chande Momentum Oscillator (20):	1.11
Repulse (5,40,3):	0.0200
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	3.59

MA7:	323.56
MA20:	315.22
MA50:	298.85
MA100:	267.28
MAexp7:	327.55
MAexp20:	325.57
MAexp50:	322.80
MAexp100:	319.24
Price / MA7:	+1.34%
Price / MA20:	+4.02%
Price / MA50:	+9.71%
Price / MA100:	+22.67%
Price / MAexp7:	+0.10%
Price / MAexp20:	+0.71%
Price / MAexp50:	+1.57%
Price / MAexp100:	+2.71%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on ALIGN TECHNOLOGY INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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