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Takip Edin: @UscMarketsALGN Stock Forecast & Align Technology Chart Analysis
This article provides a detailed analysis of ALGN-Align Technology stock including a forecast for ALGN shares. It features Align Technology, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
ALGN Historical Data Review
ALGN Current Price Performance Analysis
The Align Technology - ALGN stock traded on the American stock market, on 06-05-2024, closed at 256.01$ with a %2.85 increased compared to the previous day.
In the last month, the price of ALGN changed by %-10.91 decreased in value, from 287.37 dollars on 05-06-2024 to 256.01 dollars, decreased.
Last year, the price of ALGN was 304.68 dollars on 06-06-2023, and changed by %-15.97 decreased in value, to 256.01 dollars decreased within a year.
The price of Align Technology stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ALGN with AI Stock Forecast & Price Target
On the ALGN chart Align Technology price was recorded as 256.01 Dollars on 06/05/2024.
The artificial intelligence's forecast on ALGN stock is as follows.
The artificial intelligence's prediction error margin for ALGN stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Align Technology stock over the next 4 months is: 382.6 Dollars.
The commentary on ALGN stock Target Price: Highest: 428.293 Dollars is predicted.
The commentary on ALGN stock Target Price: Lowest: 319.172 Dollars is predicted.
Resistance Price where Align Technology stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 394.161 |
| 10-08-2024 | 426.299 |
| 11-12-2024 | 428.293 |
| 01-06-2025 | 402.468 |
| 02-25-2025 | 377.394 |
Support Price where Align Technology stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 369.952 |
| 10-28-2024 | 419.242 |
| 12-17-2024 | 391.290 |
| 02-10-2025 | 366.420 |
| 04-11-2025 | 324.760 |
The commentary on ALGN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Align Technology stock by the end of 2024 is predicted to be 395.892 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ALGN stock, and the 2024 target price predictions for Align Technology are detailed above.
The technical analysis and charts for the commentary on ALGN stock are below.
ALGN Support & Resistance and Trend Analysis
ALGN stock you have reviewed the technical analysis support resistance charts regarding.
ALGN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ALGN review, the Align Technology support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Align Technology Support and Resistance Prices:
| ALGN Support Level Price | ALGN Resistance Level Price |
|---|---|
| 186.01 | 216.03 |
| 206.10 | 225.19 |
| 211.63 | 264.58 |
| 211.80 | 274.84 |
| 246.34 | 281.94 |
| 250.28 | 308.00 |
| 254.28 | 321.83 |
| 277.83 | 327.49 |
| 296.14 | 331.64 |
| 296.90 | 335.40 |
| 305.74 |
ALGN Technical Analysis: SMA, RSI, MACD
Upon reviewing the ALGN chart, buy and sell signals have been generated in the Align Technology technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ALGN stock are as follows:- ALGN technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Align Technology gave a 'Buy' signal when the RSI was at 28.384, with the current RSI value at 27.436.
- The technical analysis for ALGN indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Align Technology issued a 'Buy' signal when the MACD was at -10.701, with the current MACD value being: -10.701
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Align Technology stock: Click here to read more predictions on Naturgy Energy Group stock.
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