US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

1 monthBearish60%
Monthly Downside probability 60%Bearish

ALGN 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $173.35 and stabilize above resistance $335.4.

Invalidation Trigger

Break above $335.4 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 39.4, MACD 3.084

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $25.35 (18.13%)

Monthly

EMA Structure

Bearish
EMA 8$156.73Bearish
EMA 21$173.35Bearish
EMA 50$225.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.4 · MACD 3.084

Momentum is weak

Strength
Bearish
Volatility
ATR $25.35 · BB 46.74%

High volatility

Strength
Bearish
Volume
MFI 65.1 · OBV 2678.84%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$122 - $335.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+157.92% · 8.7 ATR above latest close

$360.75
Nearest resistance

+139.79% · 7.7 ATR above · 34-bar high

$335.4
Current price

Price shown is delayed

$139.87
Nearest support

-12.78% · 0.7 ATR below · 34-bar low

$122
Deeper support zone

-30.9% · 1.7 ATR below latest close

$96.65
ATR zone

Latest close ± ATR14

$114.52 - $165.22

Indicators

Trend

Dow Theory Structure

Confirmation $190.97, invalidation $151.58

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

29.9 / 22.9 / 12.8Bullish
Supertrend (10,3)

Price is above Supertrend

$63.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$180.97 / $267.6Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

High volatility

$25.35 (18.13%)Bearish
Bollinger Bands (20,2)

Width 46.74%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$224.4 / $119.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$114.52 / $165.22Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$335.4Range
Support

Nearest Downside Decision Level

$122Range

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is positive

3.084Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 30.4Bearish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Balanced zone

-94.6Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

2678.84%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $190.97, invalidation $151.58

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

29.9 / 22.9 / 12.8Bullish
Supertrend (10,3)

Price is above Supertrend

$63.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$180.97 / $267.6Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is positive

3.084Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 30.4Bearish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Balanced zone

-94.6Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$25.35 (18.13%)Bearish
Bollinger Bands (20,2)

Width 46.74%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$224.4 / $119.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$114.52 / $165.22Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

2678.84%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$335.4Range
Support

Nearest Downside Decision Level

$122Range

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