ALIGN TECHNOLOGY INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ALGN
ISIN:

ALIGN TECHNOLOGY INC. - Daily - Technical analysis published on 09/13/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

61%

11%

28%

My opinion

Bullish above 229.82 USD

My targets

256.64 USD (+7.21%)

277.24 USD (+15.82%)

My analysis

The strong short-term increase in ALIGN TECHNOLOGY INC. calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 229.82 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 256.64 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 277.24 USD as an objective. Crossing it would then enable buyers to target 299.32 USD. Caution, a return under 229.82 USD could jeopardize the reversal.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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

ALIGN TECHNOLOGY INC. rating 239.37 USD. The price has increased by +4.59% since the last closing and was traded between 230.22 USD and 243.14 USD over the period. The price is currently at +3.97% from its lowest and -1.55% from its highest.

230.22

243.14

239.37

Here is a more detailed summary of the historical variations registered by ALIGN TECHNOLOGY INC.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ALIGN TECHNOLOGY INC. in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	180.97	204.03	229.82	239.37	256.64	277.24	299.32
Change (%)	-24.40%	-14.76%	-3.99%	-	+7.21%	+15.82%	+25.04%
Change	-58.40	-35.34	-9.55	-	+17.27	+37.87	+59.95
Level	Major	Major	Major	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	215.23	218.55	223.70	227.02	232.17	235.49	240.64
Camarilla	226.53	227.31	228.08	228.86	229.64	230.41	231.19
Woodie	216.16	219.01	224.63	227.48	233.10	235.95	241.57
Fibonacci	218.55	221.78	223.78	227.02	230.25	232.25	235.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	192.84	205.54	213.35	226.05	233.86	246.56	254.37
Camarilla	215.51	217.39	219.27	221.15	223.03	224.91	226.79
Woodie	190.39	204.32	210.90	224.83	231.41	245.34	251.92
Fibonacci	205.54	213.38	218.22	226.05	233.89	238.73	246.56

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	158.06	177.08	207.15	226.17	256.24	275.26	305.33
Camarilla	223.72	228.22	232.72	237.22	241.72	246.22	250.72
Woodie	163.59	179.84	212.68	228.93	261.77	278.02	310.86
Fibonacci	177.08	195.83	207.42	226.17	244.92	256.51	275.26

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.39
MACD (12,26,9):	-0.5900
Directional Movement:	5.38
AROON (14):	-28.58
DEMA (21):	227.71
Parabolic SAR (0,02-0,02-0,2):	218.25
Elder Ray (13):	5.05
Super Trend (3,10):	212.31
Zig ZAG (10):	237.40
VORTEX (21):	1.0000
Stochastique (14,3,5):	54.55
TEMA (21):	229.85
Williams %R (14):	-13.66
Chande Momentum Oscillator (20):	1.31
Repulse (5,40,3):	6.5500
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	4.68

MA7:	226.78
MA20:	230.93
MA50:	232.07
MA100:	248.61
MAexp7:	229.22
MAexp20:	228.81
MAexp50:	234.03
MAexp100:	245.82
Price / MA7:	+5.55%
Price / MA20:	+3.65%
Price / MA50:	+3.15%
Price / MA100:	-3.72%
Price / MAexp7:	+4.43%
Price / MAexp20:	+4.62%
Price / MAexp50:	+2.28%
Price / MAexp100:	-2.62%

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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