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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 10/17/2025 -
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Align Technology Inc. (ALGN) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Daily :The price is close to the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
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It was a first positive week for the Align Technology Inc. (ALGN). During the week, the ALGN gained 4.66 points, or 3.70%, and closed at 130.45 on Friday, October 17, 2025. ALGN was trading at average weekly trading volume.

ALGN is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See ALGN long-term trend chart]
A long-term downtrend had started on September 23, 2021 at 737.45 and reached 122.00 on September 25, 2025. ALGN lost 615.45 points, or 83.46%, in 209 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 184.90 and resistance is at 63.99. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a long-term trend.

Medium-term trend: [See ALGN medium-term trend chart]
A medium-term downtrend had started on July 29, 2025 at 208.31 and reached 122.00 on September 25, 2025. ALGN lost 86.31 points, or 41.43%, in 8 weeks. The price is now at the 9.79% retracement level.

Weekly Technical Indicators: [See ALGN weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since August 1, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See ALGN short-term trend chart]
A short-term uptrend had started on September 25, 2025 at 122.00 and reached 134.98 on October 3, 2025. ALGN gained -12.98 points, or -10.64%, in 8 days. The price is now at the 34.90% retracement level.

Daily Technical Indicators: [See ALGN daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since August 18, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (7.24%) is close to one year low (7.83%). It is 63.58% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.53
Williams' Percentage Range (W%R) 39.10
Lane's Stochastic (%D-Slow) 49.35
Greed/Fear Indicator (GFI) 55.94
Moving Average Converg./Diverg. (MACD) -2.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.86
Williams' Percentage Range (W%R) 90.80
Strong Oversold
Lane's Stochastic (%D-Slow) 15.93
Oversold
Greed/Fear Indicator (GFI) 19.52
Oversold
Moving Average Converg./Diverg. (MACD) -14.74
Trading Signals
Description Value Chart
Upper Bollinger Band 135.28
50 Day Moving Average 134.67
Price 130.45
Daily Stochastic Crossing 129.30
20 Day Moving Average 129.01
Weekly Stochastic Crossing 127.31
Parabolic System 125.98
Lower Bollinger Band 125.83
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Health Care Supplies 23
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 122.00
Low Date 09/25/2025
High 134.98
High Date 10/03/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 208.31
High Date 07/29/2025
Low 122.00
Low Date 09/25/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 335.40
High Date 03/21/2024
Low 122.00
Low Date 09/25/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 413.20
High Date 07/27/2023
Low 122.00
Low Date 09/25/2025
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Valid
Resistance 63.99
Support 184.90
High 737.45
High Date 09/23/2021
Low 122.00
Low Date 09/25/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.