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Align Technology, Inc. (ALGN) Corporate Logo

Align Technology, Inc. (ALGN) Stock Price & Analysis

Market: NASDAQ • Sector: Healthcare • Industry: Medical - Devices

Align Technology, Inc. (ALGN) Profile & Business Summary

Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan. The company sells its products in the United States, Switzerland, China, and internationally. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

Key Information

Ticker ALGN
Leadership Joseph Hogan
Exchange NASDAQ
Official Site https://www.aligntech.com
CIK Number 0001097149
View SEC Filings

Market Trend Overview for ALGN

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Current Market Context (Short-Term)

As of 2026-02-06 (ET), ALGN has no clear direction right now. Price at 187.60 is above support near 164.44. If price moves higher, it may meet resistance around 197.86. View Support & Resistance from Options

Why the market looks this way?

Recent price signals are mixed and do not point clearly in one direction. This makes the current environment harder to read until a clearer move appears.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)

As of 2026-02-06, ALGN is starting to move higher. Over the longer term, the trend remains bearish.

ALGN last closed at 187.60. The price is about 3.4 ATR above its recent average price (168.10), and the market is currently in an early upward move.

Short-term strength is developing against a weaker long-term trend, which increases the risk of downside reversals.

Trend Alignment Summary

Trend score: 55 out of 100. Overall alignment is unclear. The market is currently in an early-stage uptrend. The longer-term trend is still negative, but short-term signals are not yet confirming it.

Pullback Risk

Price is far from its recent average (about 3.4 ATR away). Chasing the move at this level carries a higher risk of a pullback.

Key Risk Level

A key downside level is near 155.53. If price falls below this area, the current upward trend would likely weaken or break.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2026-02-06, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-02-05] Trading activity was heavy, but price made little progress.

Recent Price Behavior

Recent price action shows orderly upward progression with no major deterioration in bar-level efficiency. Structural conditions remain broadly constructive.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Short Interest & Covering Risk for ALGN

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.75

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 2.84%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) 0.00%
20-Day Return 9.98%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)

Structure Analysis

ALGN Short positioning looks normal. Current days to cover is 2.1 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves.

Bull Trap Structural Risk

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Price is consolidating near highs with a weak upward bias, appearing strong on the surface but structurally more fragile. As a result, similar news or market events could lead to price moves about 1× larger than usual.

Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules