Align Technology (ALGN, $305.36) entered a weekly bearish trend. Expect a Downtrend continuation

A.I.dvisor
at Tickeron.com
09/30/23
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ALGN - Align Technology
Bearish Trend Signal
Bearish Trend
72%
Odds of DOWN Trend

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Price: $305.36
Daily change: -$2.15 (-0.7%)
Daily volume: 349.1K
Capitalization: $23.4B
Industry: Medical Specialties
Align Technology (ALGN, $305.36) is predicted by A.I.dvisor to decline by to $299.25 or more within the next week. Following its losing streak extending for a consecutive week, ALGN is expected to continue dropping based on similar cases which trended down, making the odds of a Downtrend continuation
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of the invisalign system for treating malocclusion

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
410 North Scottsdale Road
Phone
+1 602 742-2000
Employees
23165
Web
https://www.aligntech.com
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ALGN and

Correlation & Price change

A.I.dvisor indicates that over the last year, ALGN has been loosely correlated with IDXX. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if ALGN jumps, then IDXX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ALGN
1D Price
Change %
ALGN100%
-0.70%
IDXX - ALGN
56%
Loosely correlated
+0.07%
XRAY - ALGN
55%
Loosely correlated
+0.12%
DHR - ALGN
54%
Loosely correlated
+0.37%
COO - ALGN
53%
Loosely correlated
-0.43%
NVST - ALGN
52%
Loosely correlated
-0.85%
More