After completing its last trading session, Align Technology, Inc. (NASDAQ:ALGN) spiked up by 0.7% – here is what that looked like (as of 2019-12-04):
Why are these moves happning?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.077, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 4.573, an Accumulation/Distribution Index (ADI) of 4.573, an On-Balance Volume (OBV) of 2640.545, and a Chaiikin Money Flow (CMF) of 274.34. 2.891
Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Align Technology, Inc. (NASDAQ:ALGN). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.