US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

1 weekBearish90%
Weekly Downside probability 90%Bearish

ALGN 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $160.88 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 35.1, MACD -3.678

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $11.55 (8.26%)

Weekly

EMA Structure

Bearish
EMA 8$150.86Bearish
EMA 21$160.88Bearish
EMA 50$166.95Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.1 · MACD -3.678

Momentum is weak

Strength
Bearish
Volatility
ATR $11.55 · BB 33.11%

High volatility

Strength
Bearish
Volume
MFI 27.7 · OBV -34.15%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$138.58 - $200.44

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+51.56% · 6.2 ATR above latest close

$211.99
Nearest resistance

+43.3% · 5.2 ATR above · 34-bar high

$200.44
Current price

Price shown is delayed

$139.87
Nearest support

-0.92% · 0.1 ATR below · 34-bar low

$138.58
Deeper support zone

-9.18% · 1.1 ATR below latest close

$127.03
ATR zone

Latest close ± ATR14

$128.32 - $151.42

Indicators

Trend

Dow Theory Structure

Confirmation $164.74, invalidation $187.96

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

Trend strength is moderate

16.4 / 12.2 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$111.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.95 / $163.35Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

High volatility

$11.55 (8.26%)Bearish
Bollinger Bands (20,2)

Width 33.11%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$180.06 / $140.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$128.32 / $151.42Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$200.44Range
Support

Nearest Downside Decision Level

$138.58Range

Momentum

RSI (14)

Momentum is weak

35.1Bearish
MACD (12,26,9)

Histogram is negative

-3.678Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.5 / 3.7Bearish
Williams %R (14)

Oversold zone

-97.5Bullish
CCI (20)

Weak expansion

-153.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.7Bearish
OBV slope

20-period OBV slope

-34.15%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $164.74, invalidation $187.96

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

Trend strength is moderate

16.4 / 12.2 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$111.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.95 / $163.35Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

35.1Bearish
MACD (12,26,9)

Histogram is negative

-3.678Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.5 / 3.7Bearish
Williams %R (14)

Oversold zone

-97.5Bullish
CCI (20)

Weak expansion

-153.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

High volatility

$11.55 (8.26%)Bearish
Bollinger Bands (20,2)

Width 33.11%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$180.06 / $140.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$128.32 / $151.42Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.7Bearish
OBV slope

20-period OBV slope

-34.15%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$200.44Range
Support

Nearest Downside Decision Level

$138.58Range

Related Forecasts