US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

4 hoursBearish63%
4h Downside probability 63%Bearish

ALGN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $178.69 and stabilize above resistance $190.97.

Invalidation Trigger

Break above $190.97 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.2, MACD -0.500

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.5 (1.42%)

4h

EMA Structure

Range
EMA 8$177.68Bearish
EMA 21$178.69Bearish
EMA 50$178.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.2 · MACD -0.500

Neutral zone

Strength
Bearish
Volatility
ATR $2.5 · BB 4.30%

Low volatility

Strength
Bullish
Volume
MFI 62.0 · OBV 10.61%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$174.06 - $190.97

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.46% · 6.7 ATR above latest close

$193.47
Nearest resistance

+8.04% · 5.7 ATR above · 34-bar high

$190.97
Current price

Price shown is delayed

$176.76
Nearest support

-1.53% · 1.1 ATR below · 34-bar low

$174.06
Deeper support zone

-2.94% · 2.1 ATR below latest close

$171.56
ATR zone

Latest close ± ATR14

$174.26 - $179.26

Indicators

Trend

Dow Theory Structure

Confirmation $175.07, invalidation $181.57

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

Trend strength is moderate

17.0 / 14.8 / 39.2Bearish
Supertrend (10,3)

Price is above Supertrend

$169.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$179.5 / $178.24Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Low volatility

$2.5 (1.42%)Bullish
Bollinger Bands (20,2)

Width 4.30%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$183.32 / $174Bullish
ATR channel lower / upper

Current Volatility Envelope

$174.26 / $179.26Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$190.97Range
Support

Nearest Downside Decision Level

$174.06Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-0.500Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.7 / 11.7Bullish
Williams %R (14)

Oversold zone

-80.3Bullish
CCI (20)

Weak expansion

-105.4Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.0Bullish
OBV slope

20-period OBV slope

10.61%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Trend

Dow Theory Structure

Confirmation $175.07, invalidation $181.57

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

Trend strength is moderate

17.0 / 14.8 / 39.2Bearish
Supertrend (10,3)

Price is above Supertrend

$169.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$179.5 / $178.24Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-0.500Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.7 / 11.7Bullish
Williams %R (14)

Oversold zone

-80.3Bullish
CCI (20)

Weak expansion

-105.4Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$2.5 (1.42%)Bullish
Bollinger Bands (20,2)

Width 4.30%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$183.32 / $174Bullish
ATR channel lower / upper

Current Volatility Envelope

$174.26 / $179.26Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.0Bullish
OBV slope

20-period OBV slope

10.61%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$190.97Range
Support

Nearest Downside Decision Level

$174.06Range

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