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 $166.91 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 39.4, MACD -3.246

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.67 (9.13%)

Weekly

EMA Structure

Bearish
EMA 8$160.29Bearish
EMA 21$166.91Bearish
EMA 50$170.04Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.4 · MACD -3.246

Momentum is weak

Strength
Bearish
Volatility
ATR $13.67 · BB 24.07%

High volatility

Strength
Bearish
Volume
MFI 42.5 · OBV 11.85%

Relative to 20-period average volume

Strength
Range
Price Levels
$146.82 - $200.44

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+43.01% · 4.7 ATR above latest close

$214.1
Nearest resistance

+33.88% · 3.7 ATR above · 34-bar high

$200.44
Current price

Price shown is delayed

$149.71
Nearest support

-1.93% · 0.2 ATR below · 34-bar low

$146.82
Deeper support zone

-11.06% · 1.2 ATR below latest close

$133.15
ATR zone

Latest close ± ATR14

$136.04 - $163.38

Indicators

Trend

Dow Theory Structure

Confirmation $164.74, invalidation $187.96

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

Trend strength is moderate

13.6 / 16.1 / 20.1Bearish
Supertrend (10,3)

Price is above Supertrend

$112.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.51 / $161.22Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$13.67 (9.13%)Bearish
Bollinger Bands (20,2)

Width 24.07%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$191.6 / $141.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.04 / $163.38Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$200.44Range
Support

Nearest Downside Decision Level

$146.82Range

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-3.246Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.5 / 8.2Bearish
Williams %R (14)

Oversold zone

-93.5Bullish
CCI (20)

Weak expansion

-167.3Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

11.85%Bullish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Trend

Dow Theory Structure

Confirmation $164.74, invalidation $187.96

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

Trend strength is moderate

13.6 / 16.1 / 20.1Bearish
Supertrend (10,3)

Price is above Supertrend

$112.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.51 / $161.22Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-3.246Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.5 / 8.2Bearish
Williams %R (14)

Oversold zone

-93.5Bullish
CCI (20)

Weak expansion

-167.3Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$13.67 (9.13%)Bearish
Bollinger Bands (20,2)

Width 24.07%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$191.6 / $141.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$136.04 / $163.38Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

11.85%Bullish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$200.44Range
Support

Nearest Downside Decision Level

$146.82Range

Related Forecasts