As of 19 of September Align Technology shows Risk Adjusted Performance of (0.15) and Mean Deviation of 1.92. Align Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Align Technology which can be compared to its rivals. Please confirm Align TechnologyVariance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Align Technology is priced correctly providing market reflects its regular price of 179.37 per share. Given that Align Technology has Jensen Alpha of (0.64), we suggest you validate Align Technology prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Align Technology volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.
Align Technology Trend Analysis
Use this graph to draw trend lines for Align Technology. You can use it to identify possible trend reversals for Align Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Align Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Align Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Align Technology applied against its price change over selected period. The best fit line has a slop of 2.25 % which may suggest that Align Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 191949.79, which is the sum of squared deviations for the predicted Align Technology price change compared to its average price change.
Align Technology September 19, 2019 Technical Indicators