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Downtrend Broken Resist.Archive
- 5/15/2026 -
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Align Technology Inc. (ALGN) Technical Analysis
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| Summary:
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| | It was the negative week for the Align Technology Inc. (ALGN). During the week, the ALGN dropped -11.53 points, or -6.83%, and closed at 157.25 on Friday, May 15, 2026. It was the worst weekly loss since March 6, 2026. Weekly volume was -38% below average.
ALGN is a member of Health Care Sector. Health Care is the most oversold sector. ALGN is a member of Health Care Supplies Industry. Health Care Supplies is the seventh most oversold industry. 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 Falling Wedge chart pattern. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
 Medium-term trend: [See ALGN medium-term trend chart]
A medium-term downtrend had started on July 27, 2023 at 413.20 and reached 122.00 on September 25, 2025. ALGN lost 291.20 points, or 70.47%, in 113 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (103.77) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ALGN weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since May 1, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See ALGN short-term trend chart]
A short-term downtrend had started on April 21, 2026 at 200.44 and reached 156.99 on May 15, 2026. ALGN lost 43.45 points, or 21.68%, in 24 days. Price is near the trend low.
 Daily Technical Indicators: [See ALGN daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since April 27, 2026. This is an indication that the short-term trend is down.
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