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Align Technology Bearish Moving Average Crossover Alert (ALGN)

By Shiri Gupta

Today, shares of Align Technology (NASDAQ:ALGN) have fallen below their 10-day MA of $90.47 on a volume of 192K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Align Technology have traded between a low of $52.01 and a high of $96.90 and are now at $89.14, which is 71% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.3%.

SmarTrend is tracking the current trend status for Align Technology and will alert subscribers who have ALGN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses align technology

Ticker(s): ALGN