US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

4 hoursBearish87%
4h Downside probability 87%Bearish

ALGN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $160.33 and stabilize above resistance $172.98.

Invalidation Trigger

Break above $172.98 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.4, MACD 0.216

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.41 (0.9%)

4h

EMA Structure

Bearish
EMA 8$158.74Bearish
EMA 21$160.33Bearish
EMA 50$164.16Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.4 · MACD 0.216

Momentum is weak

Strength
Bearish
Volatility
ATR $1.41 · BB 2.88%

Low volatility

Strength
Bullish
Volume
MFI 22.5 · OBV -6.63%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$157.21 - $172.98

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.67% · 11.9 ATR above latest close

$174.39
Nearest resistance

+9.77% · 10.9 ATR above · 34-bar high

$172.98
Current price

Price shown is delayed

$157.58
Nearest support

-0.23% · 0.3 ATR below · 34-bar low

$157.21
Deeper support zone

-1.13% · 1.3 ATR below latest close

$155.8
ATR zone

Latest close ± ATR14

$156.17 - $158.99

Indicators

Trend

Dow Theory Structure

Confirmation $157.77, invalidation $159.97

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

Trend strength is moderate

20.8 / 30.7 / 12.8Bullish
Supertrend (10,3)

Price is above Supertrend

$153.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$160.29 / $169.7Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Low volatility

$1.41 (0.9%)Bullish
Bollinger Bands (20,2)

Width 2.88%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$163.06 / $157.31Bullish
ATR channel lower / upper

Current Volatility Envelope

$156.17 / $158.99Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$172.98Range
Support

Nearest Downside Decision Level

$157.21Range

Momentum

RSI (14)

Momentum is weak

36.4Bearish
MACD (12,26,9)

Histogram is positive

0.216Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.6 / 16.6Bearish
Williams %R (14)

Oversold zone

-92.4Bullish
CCI (20)

Weak expansion

-168.8Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.5Bearish
OBV slope

20-period OBV slope

-6.63%Bearish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Trend

Dow Theory Structure

Confirmation $157.77, invalidation $159.97

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

Trend strength is moderate

20.8 / 30.7 / 12.8Bullish
Supertrend (10,3)

Price is above Supertrend

$153.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$160.29 / $169.7Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

36.4Bearish
MACD (12,26,9)

Histogram is positive

0.216Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.6 / 16.6Bearish
Williams %R (14)

Oversold zone

-92.4Bullish
CCI (20)

Weak expansion

-168.8Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$1.41 (0.9%)Bullish
Bollinger Bands (20,2)

Width 2.88%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$163.06 / $157.31Bullish
ATR channel lower / upper

Current Volatility Envelope

$156.17 / $158.99Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.5Bearish
OBV slope

20-period OBV slope

-6.63%Bearish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$172.98Range
Support

Nearest Downside Decision Level

$157.21Range

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