US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

1 weekBearish86%
Weekly Downside probability 86%Bearish

ALGN 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $171.59 and stabilize above resistance $200.44.

Invalidation Trigger

Break above $200.44 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.8, MACD -2.028

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $15.03 (9.54%)

Weekly

EMA Structure

Bearish
EMA 8$169.24Bearish
EMA 21$171.59Bearish
EMA 50$172.22Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.8 · MACD -2.028

Momentum is weak

Strength
Bearish
Volatility
ATR $15.03 · BB 21.46%

High volatility

Strength
Bearish
Volume
MFI 55.1 · OBV -19.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$151.58 - $200.44

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+36.74% · 3.9 ATR above latest close

$215.47
Nearest resistance

+27.2% · 2.9 ATR above · 34-bar high

$200.44
Current price

Price shown is delayed

$157.58
Nearest support

-3.81% · 0.4 ATR below · 34-bar low

$151.58
Deeper support zone

-13.35% · 1.4 ATR below latest close

$136.55
ATR zone

Latest close ± ATR14

$142.55 - $172.61

Indicators

Trend

Dow Theory Structure

Confirmation $164.74, invalidation $187.96

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

14.6 / 23.5 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$113.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$175.05 / $161.22Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

High volatility

$15.03 (9.54%)Bearish
Bollinger Bands (20,2)

Width 21.46%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$202.26 / $140.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.55 / $172.61Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$200.44Range
Support

Nearest Downside Decision Level

$151.58Range

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-2.028Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.1 / 34.8Bearish
Williams %R (14)

Oversold zone

-98.9Bullish
CCI (20)

Weak expansion

-148.9Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.1Bullish
OBV slope

20-period OBV slope

-19.38%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Trend

Dow Theory Structure

Confirmation $164.74, invalidation $187.96

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

14.6 / 23.5 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$113.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$175.05 / $161.22Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-2.028Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.1 / 34.8Bearish
Williams %R (14)

Oversold zone

-98.9Bullish
CCI (20)

Weak expansion

-148.9Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$15.03 (9.54%)Bearish
Bollinger Bands (20,2)

Width 21.46%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$202.26 / $140.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$142.55 / $172.61Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.1Bullish
OBV slope

20-period OBV slope

-19.38%Bearish
Volume ratio

Relative to 20-period average volume

0.60xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$200.44Range
Support

Nearest Downside Decision Level

$151.58Range

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