ALGN closes higher for the 5th day in a row


Align Technology (ALGN) Technical Analysis Report for Jun 14, 2018 [< 1 min read]
Highlights
ALGN closes higher for the 5th day in a row
ALGN pushes through previous session high
ALGN rises to highest close since Inception
ALGN ends the day indecisive
TQ Sentiment
Technical Forecast:
Overview

Moving higher for the 5th day in a row, ALGN finished Thursday at 366.27 gaining $2.78 (0.76%). Today's closing price of 366.27 marks the highest close since Inception. Closing above Wednesday's high at 365.76, Align Technology confirms its breakout through the previous session's high having traded $4.71 above it intraday. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily chart for ALGN
Volatility

Thursday's trading range was $6.47 (1.78%), that's below last trading month's daily average range of $8.68. Things look different on a weekly scale, where volatility is way above the markets average with the monthly volatility being slightly above average.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being very bullish.

Market Conditions for Align Technology
ConditionForecastDirectionWinAvgWorstBestEvents
Down Close Near Low of Period TQ Pro Members Only
3 Consecutive Lower Closes TQ Pro Members Only
Closed below last periods low TQ Pro Members Only
Black Candle TQ Pro Members Only
High close to previous High TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Align Technology traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

CRUDE 65.800.46 0.70%
GBPUSD 1.32440.0076 0.58%
TBOND 143.9060.687 0.48%
NATGAS 2.9750.009 0.30%
EURUSD 1.16030.0027 0.23%
GOLD 1,269.0-1.0 -0.08%
DXY 94.405-0.310 -0.33%
USDJPY 109.97-0.39 -0.35%
BTCUSD 6,723.12-29.41 -0.44%
SPX 2,749.76-17.56 -0.63%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV95.55 -2.70
-2.75%
ACN 10 day candlestick chart for ACN160.03 -1.74
-1.08%
ADBE 10 day candlestick chart for ADBE248.83 -2.41
-0.96%
AAP 10 day candlestick chart for AAP139.50 0.34
0.24%
AES 10 day candlestick chart for AES12.89 -0.04
-0.31%
AET 10 day candlestick chart for AET189.15 -1.08
-0.57%
AFL 10 day candlestick chart for AFL44.43 -0.29
-0.65%
AMG 10 day candlestick chart for AMG153.43 0.70
0.46%
A 10 day candlestick chart for A63.04 0.25
0.40%
ABT 10 day candlestick chart for ABT61.75 -0.39
-0.63%