ALIGN TECHNOLOGY INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ALGN
ISIN:

ALIGN TECHNOLOGY INC. - 1H - Technical analysis published on 08/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 229.82 USD

My targets

244.97 USD (+2.88%)

256.57 USD (+7.75%)

My analysis

The bullish trend is currently very strong on ALIGN TECHNOLOGY INC.. As long as the price remains above the support at 229.82 USD, you could try to benefit from the boom. The first bullish objective is located at 244.97 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 256.57 USD as an objective. Crossing it would then enable buyers to target 263.24 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ALIGN TECHNOLOGY INC. price is 238.12 USD. The price registered an increase of +2.79% on the session and was traded between 229.77 USD and 238.96 USD over the period. The price is currently at +3.63% from its lowest and -0.35% from its highest.

229.77

238.96

238.12

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ALIGN TECHNOLOGY INC. chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	204.03	217.64	229.82	238.12	238.87	244.97	256.57
Change (%)	-14.32%	-8.60%	-3.49%	-	+0.31%	+2.88%	+7.75%
Change	-34.09	-20.48	-8.30	-	+0.75	+6.85	+18.45
Level	Major	Intermediate	Major	-	Intermediate	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	223.56	226.10	228.88	231.42	234.20	236.74	239.52
Camarilla	230.19	230.68	231.16	231.65	232.14	232.63	233.11
Woodie	223.67	226.16	228.99	231.48	234.31	236.80	239.63
Fibonacci	226.10	228.14	229.39	231.42	233.46	234.71	236.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	209.23	217.88	225.92	234.57	242.61	251.26	259.30
Camarilla	229.38	230.91	232.44	233.97	235.50	237.03	238.56
Woodie	208.94	217.73	225.63	234.42	242.32	251.11	259.01
Fibonacci	217.88	224.25	228.19	234.57	240.94	244.88	251.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	166.18	191.87	211.87	237.56	257.56	283.25	303.25
Camarilla	219.32	223.50	227.69	231.88	236.07	240.26	244.45
Woodie	163.35	190.45	209.04	236.14	254.73	281.83	300.42
Fibonacci	191.87	209.32	220.10	237.56	255.01	265.79	283.25

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	65.70
MACD (12,26,9):	0.7700
Directional Movement:	14.13
AROON (14):	35.71
DEMA (21):	234.07
Parabolic SAR (0,02-0,02-0,2):	229.25
Elder Ray (13):	4.59
Super Trend (3,10):	231.25
Zig ZAG (10):	238.84
VORTEX (21):	1.1500
Stochastique (14,3,5):	95.08
TEMA (21):	234.73
Williams %R (14):	-4.12
Chande Momentum Oscillator (20):	5.02
Repulse (5,40,3):	1.7500
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	1.52

MA7:	234.45
MA20:	224.59
MA50:	235.23
MA100:	258.71
MAexp7:	235.18
MAexp20:	233.48
MAexp50:	232.30
MAexp100:	230.29
Price / MA7:	+1.57%
Price / MA20:	+6.02%
Price / MA50:	+1.23%
Price / MA100:	-7.96%
Price / MAexp7:	+1.25%
Price / MAexp20:	+1.99%
Price / MAexp50:	+2.51%
Price / MAexp100:	+3.40%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on ALIGN TECHNOLOGY INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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