Align Technology (ALGN) Shares are Up 2.23%

Align Technology (ALGN) : Traders are bullish on Align Technology (ALGN) as it has outperformed the S&P 500 by a wide margin of 1.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.69%, relative to the S&P 500. The stock has risen by 2.23% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.03% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 4.08%.The 200 Day SMA reached 24.41% Align Technology Inc. is up 18.53% in the last 3-month period. Year-to-Date the stock performance stands at 42.51%.


Align Technology (ALGN) : Currently there are 9 street experts covering Align Technology (ALGN) stock. The most bullish and bearish price target for the stock is $115 and $93 respectively for the short term. The average price target of all the analysts comes to $100.33. The estimated standard deviation from the target is $8.46.

For the current week, the company shares have a recommendation consensus of Buy. Align Technology (NASDAQ:ALGN): The stock opened at $92.86 and touched an intraday high of $94.1 on Friday. During the day, the stock corrected to an intraday low of $92.47, however, the bulls stepped in and pushed the price higher to close in the green at $93.84 with a gain of 0.98% for the day. The total traded volume for the day was 1,032,675. The stock had closed at $93.84 in the previous trading session.

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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