Align Technology (ALGN) Shares are Down -0.4%

Align Technology (ALGN) : During the past 4 weeks, traders have been relatively bearish on Align Technology (ALGN), hence the stock is down -1.59% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.57% relative to the S&P 500. The 4-week change in the price of the stock is -2.12% and the stock has fallen -0.4% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.27% and the 50-Day Moving Average is 1.49%.The 200 Day SMA reached 22.01%


Align Technology (NASDAQ:ALGN): After opening at $92.5, the stock dipped to an intraday low of $92.33 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $94.52 and the buying power remained strong till the end. The stock closed at $93.75 for the day, a gain of 1.45% for the day session. The total traded volume was 615,864. The stocks close on the previous trading day was $93.75.

Align Technology (ALGN) : 9 Wall Street analysts covering Align Technology (ALGN) believe that the average level the stock could reach for the short term is $100.33. The maximum price target given is $115 and the minimum target for short term is around $93, hence the standard deviation is calculated at $8.46.

Align Technology, Inc. (Align) is a medical device company. The Company designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services for dentistry, orthodontics, and dental records storage. The Company operates through two segments: Clear Aligner, known as the Invisalign system, and Scanners and Services, known as the iTero intraoral scanner and OrthoCAD services. The Companys Clear Aligner segment provides malocclusion and orthodontic treatment. The Companys Scanners and Services Segment offers iTero intraoral scanner, which utilizes laser and optical scanning to capture the contours of the patients dentition, gingival structures and the bite. It distributes products directly to customers, including orthodontists and general practitioner dentists (GPs), as well as to restorative dentists, including prosthodontists, periodontists and oral surgeons.

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