Stock Analysis: Align Technology Inc (ALGN)

Stock Analysis for Align Technology Inc (ALGN)

The Interpreter
Hey Friend, I'm analysing ALIGN TECHNOLOGY INC (ALGN), and it is between the Support of $ 303.38 (PivotS1) and the Resistance of $ 315.20 (Pivot). The stock is falling and may come close and reach $ 303.38 soon.

Align Technology Inc (ALGN)

$ 298.98 -0.8%

Last Close 19-Apr-24

Trade ALGN Now

Supports

Next Support: $ 303.38

Pivot S1: $ 303.38
Fibonacci 61.8%: $ 300.72
Triangle Level (0): $ 293.68

Resistances

Next Resistance: $ 315.20

Pivot: $ 315.20
Fibonacci 100%: $ 329.38
Triangle Level (3): $ 428.51

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 01 Apr 2024	Sell Price: 319.65	Profit: Open Day1 ($ 312.41)	Abandoned Baby	Sell
002 26 Mar 2024	Buy Price: 319.94	Profit: Open Day1 ($ 325.10)	Abandoned Baby	Buy
003 18 Mar 2024	Buy Price: 316.14	Profit: Close Day1 ($ 317.20)	Abandoned Baby	Buy
004 11 Mar 2024	Sell Price: 308.09	Loss: Close Day2 ($ 320.69)	Abandoned Baby	Sell
005 04 Mar 2024	Buy Price: 308.04	Loss: Close Day2 ($ 303.79)	Abandoned Baby	Buy
006 27 Nov 2023	Sell Price: 216.75	Profit: Close Day1 ($ 214.14)	Abandoned Baby	Sell
007 22 Aug 2023	Buy Price: 351.63	Profit: Open Day1 ($ 353.55)	Engulfing	Buy
008 11 Aug 2023	Buy Price: 352.86	Profit: Close Day1 ($ 360.49)	Engulfing	Buy
009 11 Aug 2023	Buy Price: 352.88	Profit: Close Day1 ($ 360.49)	Piercing Line	Buy
010 26 Jun 2023	Buy Price: 331.46	Profit: Open Day1 ($ 333.29)	Engulfing	Buy
011 23 Jun 2023	Sell Price: 328.83	Profit: Open Day1 ($ 328.01)	Abandoned Baby	Sell
012 28 Apr 2023	Buy Price: 325.30	Loss: Close Day2 ($ 306.84)	Engulfing	Buy
013One Year Average	Both Sides Result for 12 Signals	Profit: $ 0.57 ($ 0.05 / Signal) +0.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ALGN Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	300.16	SELL	2	299.87	SELL
3	300.15	SELL	3	300.94	SELL
5	302.06	SELL	5	303.57	SELL
8	309.75	SELL	8	306.93	SELL
13	313.15	SELL	13	310.27	SELL
21	316.11	SELL	21	312.12	SELL
34	314.89	SELL	34	310.74	SELL
55	308.91	SELL	55	304.84	SELL
90	291.30	BUY	90	296.95	BUY
200	293.11	BUY	200	292.09	BUY

Company Info +

Name & IPO

Align Technology Inc
IPO: 2001-01-26

Stock Ticker & Exchange

Ticker: ALGNIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: http://www.aligntech.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Orthopedic, Prosthetic & Surgical Appliances & Supplies

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
1	Assets +	4,830	2,501	2,052	1,778	1,396	1,159	988	832	756	649	477	355	87	89
2	Investments in and Advance to Affiliates +	0	0	46	55	45	0	0	0	0	0	0	0	0	0
3	Cash and Cash Equivalents +	961	550	637	450	389	168	200	243	306	241	295	166	87	89
4	Property +	735	632	521	349	175	136	90	76	79	54	31	25	0	0
5	Property +	1,036	861	693	485	311	255	198	181	165	129	98	0	0	0
6	Intangible Assets +	130	12	18	24	21	18	21	24	46	50	2	5	0	0
7	Finite-Lived Intangible Assets +	117	12	18	24	21	18	21	24	46	50	0	0	0	0
8	Liabilities and Equity +	4,830	2,501	2,052	1,778	1,396	1,159	988	832	756	649	477	355	219	161
9	Liabilities +	1,596	1,155	800	627	401	311	235	198	175	158	99	82	0	0
10	Stockholders' Equity +	3,234	1,346	1,253	1,150	995	848	753	634	581	491	378	273	219	161
11	Stockholders' Equity Attributable to Parent +	3,234	1,346	1,253	1,150	995	848	753	634	581	491	378	273	219	161
12	Preferred Stock +	0	0	0	0	0	0	0	0	0	0	0	0	0	0
13	Common Stock +	0	0	0	0	0	0	0	0	0	0	0	0	0	0
14	Partners' Capital +	2,216	440	378	263	131	27	-31	-96	-90	-117	-178	-252	0	0
15	Partners' Capital +	2,216	440	378	263	131	27	-31	-96	-90	-117	-178	-252	0	0
16	Limited Liability Company (LLC) Members' Equity +	2,260	439	375	264	130	26	-31	-96	-90	-117	-178	-252	0	0
17	Limited Liability Company (LLC) Members' Equity +	2,260	439	375	264	130	26	-31	-96	-90	-117	-178	-252	0	0
18	Current Assets +	1,850	1,633	1,302	1,157	953	732	657	545	486	385	389	261	0	0
19	Cash +	0	318	98	272	251	364	259	127	30	11	9	20	0	0
20	Current Receivables +	663	575	439	323	247	159	130	113	99	92	65	55	0	0
21	Inventory +	139	112	56	32	27	19	16	14	15	9	3	2	0	0
22	Long-Term Assets +	2,116	224	91	103	74	69	69	71	102	138	3	2	0	0
23	Long-term Investments and Receivables +	0	0	9	40	60	151	148	102	21	0	9	0	0	0
24	Current Liabilities +	1,326	971	692	498	354	272	202	175	156	148	93	81	0	0
25	Long-Term Other Undisclosed Liabilities	0	1	79	113	46	37	30	18	0	0	0	0	0	0
26	Long-Term Liabilities +	270	184	108	129	47	39	33	23	19	10	6	1	0	0
27	Current Other Assets +	21	4	7	0	0	0	0	0	0	0	0	0	0	0
28	Total Current Assets +	1,850	1,633	1,302	1,157	953	732	657	545	486	385	389	261	0	0
29	Operating Lease +	83	56	0	0	0	0	0	0	0	0	0	0	0	0
30	Goodwill +	445	64	64	65	61	61	61	62	99	135	0	0	0	0
31	Long-Term Other Assets +	35	40	27	38	13	8	8	9	3	3	3	2	0	0
32	Deferred Income Tax Assets +	1,588	104	0	0	0	0	0	0	0	0	0	0	0	0
33	Total Assets +	4,830	2,501	2,052	1,778	1,396	1,159	988	832	756	649	477	355	0	0
34	Total Liabilities +	1,596	1,155	800	627	401	311	235	198	175	158	99	82	0	0
35	Total Liabilities and Equity +	4,830	2,501	2,052	1,778	1,396	1,159	988	832	756	649	477	355	0	0

Income Statement +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
1	Total Revenues +	0	0	0	0	0	0	0	0	0	0	387	312	304
2	Other Cost of Operating Revenue +	0	0	0	0	0	0	0	0	0	0	9	7	9
3	Total Cost of Revenue +	-709	-663	-519	-356	-265	-205	-183	-162	-144	-118	-84	-79	-79
4	Total Gross Profit +	1,763	1,744	1,448	1,117	815	640	578	498	416	361	303	233	225
5	Total Research and Development Expense +	175	157	129	98	76	61	53	44	43	37	26	22	26
6	Total Depreciation +	80	79	55	38	24	18	15	14	13	12	11	10	10
7	Gain (Loss) Related to Litigation Settlement +	0	-51	0	0	0	0	0	0	0	0	5	70	0
8	Insurance Recoveries +	0	0	0	0	0	0	0	0	0	0	-4	0	0
9	Total Selling and Marketing Expense +	0	1,072	852	666	491	390	217	180	152	142	114	113	115
10	Total General and Administrative Expense +	0	0	0	0	0	0	115	113	96	89	65	62	62
11	Total Selling-General and Administrative Expense +	1,201	1,072	852	0	0	390	332	293	0	0	0	0	0
12	Accounts Receivable +	12	6	1	0	0	0	0	0	0	0	0	1	0
13	Total Gain (Loss) on Disposition of Property Plant Equipment +	0	0	0	0	0	0	0	0	0	0	0	0	-1
14	Gain (Loss) on Termination of Lease +	0	7	0	0	0	0	0	0	0	0	0	0	0
15	Equity Method Investment +	0	16	0	0	0	0	0	0	0	0	0	0	0
16	Total Operating Expenses +	-1,376	-1,201	-981	-763	-566	-451	-385	-404	-331	-271	-201	-268	-210
17	Total Operating Income (Loss) +	387	542	467	354	249	189	194	94	86	90	103	-34	16
18	Investment Income +	0	0	0	0	0	0	0	0	1	1	1	1	3
19	Gain (Loss) on Contract Termination +	0	7	0	0	0	0	0	0	0	0	0	0	0
20	Foreign Currency Transaction Gain (Loss) +	0	0	0	0	0	0	0	0	0	0	1	0	0
21	Other Nonoperating Expense +	0	0	0	0	0	0	0	0	0	-1	-1	0	-1
22	Total Other Nonoperating Income (Expense) +	0	8	-8	11	-6	-3	-3	-1	-2	-1	-1	0	0
23	Total Nonoperating Income (Expense) +	-11	8	-8	0	0	0	0	0	0	0	0	0	0
24	Total Interest Expense +	0	0	0	0	0	0	0	0	0	0	0	0	0
25	Total Income (Loss) from Continuing Operations before Equity Method Investments +	379	563	467	365	243	186	190	93	84	90	102	-34	17
26	Income (Loss) from Equity Method Investments +	0	-8	-9	-3	-2	0	0	0	0	0	0	0	0
27	Income Tax Expense (Benefit) +	1,397	-112	-58	-130	-51	-42	-45	-29	-26	-23	-28	3	63
28	Total Net Income (Loss) Attributable to Parent +	1,776	443	400	231	190	144	146	64	59	67	74	-31	80
29	Total Earnings Per Share +	22.55	5.57	5	2.89	2.38	1.80	1.81	0.80	0.73	0.86	0.98	-0.45	1.20
30	Total Earnings Per Share +	22.41	5.53	4.92	2.83	2.33	1.77	1.77	0.78	0.71	0.83	0.95	-0.45	1.18

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

SEC Filings +

SEC Filings (click for details) SEC Filings Web Page for Align Technology Inc

Stock Peers for ALGN

West Pharmaceutical Services (WST)

12-Apr-24

Cooper Cos Inc/the (COO)

12-Apr-24

Dentsply Sirona Inc (XRAY)

12-Apr-24

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Stock Analysis for Align Technology Inc (ALGN)

Align Technology Inc (ALGN)

$ 298.98 -0.8%

Supports

Resistances

Candlesticks, "48-hour" Trade Signals +

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ALGN Below.

Please Subscribe to SeeThe Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Latest News +

Company Info +

Name & IPO

Stock Ticker & Exchange

Contact

Stock Type

SIC Office

Industry

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

Income Statement +

SEC Filings +

Stock Peers for ALGN

West Pharmaceutical Services (WST)

Cooper Cos Inc/the (COO)

Dentsply Sirona Inc (XRAY)

Settings

Color Scheme

Left Sidebar

Please Subscribe to See
The Latest Trade Signals