US stock / ETF

Align Technology, Inc.

ALGN · NASDAQ · USD

4 hoursBearish56%
4h Downside probability 56%Bearish

ALGN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $174.36 and stabilize above resistance $184.38.

Invalidation Trigger

Break above $184.38 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 51.8, MACD -0.371

4h
Volatility EnvironmentRange
Medium volatility

ATR is $5.11 (2.91%)

4h

EMA Structure

Bullish
EMA 8$174.42Bullish
EMA 21$174.36Bullish
EMA 50$172.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.8 · MACD -0.371

Neutral zone

Strength
Range
Volatility
ATR $5.11 · BB 8.61%

Medium volatility

Strength
Range
Volume
MFI 26.3 · OBV -24.82%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$160.79 - $184.38

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.04% · 2.8 ATR above latest close

$189.49
Nearest resistance

+5.13% · 1.8 ATR above · 34-bar high

$184.38
Current price

Price shown is delayed

$175.39
Nearest support

-8.32% · 2.9 ATR below · 34-bar low

$160.79
Deeper support zone

-11.24% · 3.9 ATR below latest close

$155.68
ATR zone

Latest close ± ATR14

$170.28 - $180.5

Indicators

Trend

Dow Theory Structure

Confirmation $165.53, invalidation $183.01

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

Trend strength is active

25.1 / 15.5 / 31.8Bearish
Supertrend (10,3)

Price is above Supertrend

$162.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$173.19 / $168.25Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Medium volatility

$5.11 (2.91%)Range
Bollinger Bands (20,2)

Width 8.61%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$183.5 / $165.32Range
ATR channel lower / upper

Current Volatility Envelope

$170.28 / $180.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$184.38Range
Support

Nearest Downside Decision Level

$160.79Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is negative

-0.371Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.3 / 52.1Bullish
Williams %R (14)

Neutral zone

-47.7Range
CCI (20)

Balanced zone

-8.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.3Bearish
OBV slope

20-period OBV slope

-24.82%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $165.53, invalidation $183.01

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

Trend strength is active

25.1 / 15.5 / 31.8Bearish
Supertrend (10,3)

Price is above Supertrend

$162.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$173.19 / $168.25Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is negative

-0.371Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.3 / 52.1Bullish
Williams %R (14)

Neutral zone

-47.7Range
CCI (20)

Balanced zone

-8.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$5.11 (2.91%)Range
Bollinger Bands (20,2)

Width 8.61%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$183.5 / $165.32Range
ATR channel lower / upper

Current Volatility Envelope

$170.28 / $180.5Range

Volume / Money Flow

MFI (14)

Money flow is weak

26.3Bearish
OBV slope

20-period OBV slope

-24.82%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$184.38Range
Support

Nearest Downside Decision Level

$160.79Range

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