Align Technology Inc

ALGN broke decisively below the mid-August support cluster and all key EMAs in a Support Failure pattern, signaling loss of demand absorption. The medium-term structure remains bearish with lower highs and lower lows under declining EMAs, and short-term price is extended below the EMAs with no exhaustion or lower-wick rejection, favoring immediate downside participation. The long-term uptrend anchored by the 200-day SMA is being tested, but only a sustained reclaim above the broken support and EMAs would negate this bearish stance.

• ↑Q4 revenue $1.048B (+5.3% YoY) with 677k clear aligner cases.
• ↑Clear aligner sales $838M (+5.5% YoY); operating margin at 22.7%.
• ↓North America retail sales pressured by macro uncertainty, slowing growth.