|
|
Downtrend Broken Resist.Archive
- 6/6/2025 -
Sign In to see current Signals. |
Align Technology Inc. (ALGN) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Align Technology Inc. (ALGN). During the week, the ALGN gave back -0.32 points, or -0.18%, and closed at 180.62 on Friday, June 6, 2025. Weekly volume was -32% below average.
 Long-term trend: [See ALGN long-term trend chart]
A long-term downtrend had started on September 23, 2021 at 737.45 and reached 141.70 on April 8, 2025. ALGN lost 595.75 points, or 80.79%, in 184 weeks. The chart has formed a Descending Triangle chart pattern. The price is near the trend resistance line (124.27). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See ALGN medium-term trend chart]
A medium-term downtrend had started on March 21, 2024 at 335.40 and reached 141.70 on April 8, 2025. ALGN lost 193.70 points, or 57.75%, in 54 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (128.50) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ALGN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 2, 2025. Use the following link to access a MACD help.
 Short-term trend: [See ALGN short-term trend chart]
A short-term downtrend had started on May 12, 2025 at 196.38 and reached 168.01 on May 23, 2025. ALGN lost 28.37 points, or 14.45%, in 11 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See ALGN daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 20, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|