US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

4 hoursBearish78%
4h Downside probability 78%Bearish

ALGN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $142.53 and stabilize above resistance $150.46.

Invalidation Trigger

Break above $150.46 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.1, MACD -0.144

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.08 (1.49%)

4h

EMA Structure

Bearish
EMA 8$140.78Bearish
EMA 21$142.53Bearish
EMA 50$145.75Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.1 · MACD -0.144

Momentum is weak

Strength
Bearish
Volatility
ATR $2.08 · BB 6.00%

Low volatility

Strength
Bullish
Volume
MFI 38.8 · OBV 4.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$138.58 - $150.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.06% · 6.1 ATR above latest close

$152.54
Nearest resistance

+7.57% · 5.1 ATR above · 34-bar high

$150.46
Current price

Price shown is delayed

$139.87
Nearest support

-0.92% · 0.6 ATR below · 34-bar low

$138.58
Deeper support zone

-2.41% · 1.6 ATR below latest close

$136.5
ATR zone

Latest close ± ATR14

$137.79 - $141.95

Indicators

Trend

Dow Theory Structure

Confirmation $138.58, invalidation $143.51

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

Trend strength is moderate

15.1 / 18.5 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$132.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.09 / $146.22Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

Low volatility

$2.08 (1.49%)Bullish
Bollinger Bands (20,2)

Width 6.00%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$147.27 / $137.56Bullish
ATR channel lower / upper

Current Volatility Envelope

$137.79 / $141.95Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150.46Range
Support

Nearest Downside Decision Level

$138.58Range

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.144Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.2 / 12.9Bullish
Williams %R (14)

Oversold zone

-84.8Bullish
CCI (20)

Balanced zone

-97.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.8Bearish
OBV slope

20-period OBV slope

4.39%Bullish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Trend

Dow Theory Structure

Confirmation $138.58, invalidation $143.51

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

Trend strength is moderate

15.1 / 18.5 / 28.4Bearish
Supertrend (10,3)

Price is above Supertrend

$132.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.09 / $146.22Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.144Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.2 / 12.9Bullish
Williams %R (14)

Oversold zone

-84.8Bullish
CCI (20)

Balanced zone

-97.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$2.08 (1.49%)Bullish
Bollinger Bands (20,2)

Width 6.00%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$147.27 / $137.56Bullish
ATR channel lower / upper

Current Volatility Envelope

$137.79 / $141.95Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.8Bearish
OBV slope

20-period OBV slope

4.39%Bullish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150.46Range
Support

Nearest Downside Decision Level

$138.58Range

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