Align Technology, Inc. ($ALGN): The Good, The Bad, The Ugly (2019-10-15)

REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ALGN has been trading over the last 2 weeks and the past day especially. On its latest session, Align Technology, Inc. ($ALGN) opened at 200.16, reaching a high of 206.7 and a low of 199.8 before closing at a price of 205.15. There was a total volume of 1022716.

VOLUME INDICATORS FOR ALIGN TECHNOLOGY, INC. ($ALGN): We saw an accumulation-distribution index of 514.12688, an on-balance volume of -200.16, chaikin money flow of 1.11009 and a force index of 116.7174. There was an ease of movement rating of 0.15462, a volume-price trend of -22.04043 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ALIGN TECHNOLOGY, INC. ($ALGN): We noted an average true range of 6.23579, bolinger bands of 205.10244, an upper bollinger band of 188.69756, lower bollinger band of 199.8, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 202.22, high band keltner channel of 195.68, low band keltner channel of 208.76, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 199.8, a donchian channel low band of 199.8, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ALIGN TECHNOLOGY, INC. ($ALGN): We calculated a Moving Average Convergence Divergence (MACD) of -0.13013, a MACD signal of -0.07229, a MACD difference of -0.05783, a fast Exponential Moving Average (EMA) indicator of 199.8, a slow Exponential Moving Average (EMA) indicator of 199.8, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.90487, a trix of -2.5361, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 25.52758, a KST Oscillator (KST) of -113.29095 and a KST Oscillator (KST Signal) of -113.29095 (leaving a KST difference of -6.43508). We also found an Ichimoku rating of 203.43, an Ichimoku B rating of 203.43, a Ichimoku visual trend A of 223.13193, an Ichimoku visual trend B of 211.0746, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ALIGN TECHNOLOGY, INC. ($ALGN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 13.15586, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -37.04186, a stochastic oscillator of 105.50459, a stochastic oscillator signal of 105.50459, a Williams %R rating of 5.50459 and an awesome oscillator of -2.35583.

RETURNS FOR ALIGN TECHNOLOGY, INC. ($ALGN): There was a daily return of -11.3291, a daily log return of -2.94587 and a cumulative return of -2.9029.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Align Technology, Inc. ($ALGN)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Align Technology, Inc. ($ALGN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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