ALGN
Align Technology, Inc. Healthcare - Medical Instruments & Supplies Investor Relations →
Align Technology, Inc. (ALGN) closed at $187.60 as of 2026-02-02, trading 22.1% below its 200-week moving average of $240.65. This places ALGN in the extreme value zone. The stock moved further from the line this week, up from -32.6% last week. With a 14-week RSI of 76, ALGN is in overbought territory.
Over the past 1257 weeks of data, ALGN has crossed below its 200-week moving average 12 times. On average, these episodes lasted 37 weeks. Historically, investors who bought ALGN at the start of these episodes saw an average one-year return of +39.0%.
With a market cap of $13.6 billion, ALGN is a large-cap stock. The company generates a free cash flow yield of 3.0%. Return on equity stands at 10.4%. The stock trades at 3.3x book value.
The company has been aggressively buying back shares, reducing its share count by 6.2% over the past three years.
Over the past 24.2 years, a hypothetical investment of $100 in ALGN would have grown to $3790, compared to $946 for the S&P 500. That represents an annualized return of 16.2% vs 9.7% for the index — confirming ALGN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ALGN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ALGN Crosses Below the Line?
Across 12 historical episodes, buying ALGN when it crossed below its 200-week moving average produced an average return of +46.2% after 12 months (median +62.0%), compared to +3.4% for the S&P 500 over the same periods. 58% of those episodes were profitable after one year. After 24 months, the average return was +133.8% vs +22.5% for the index.
Each line shows $100 invested at the moment ALGN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ALGN has crossed below its 200-week MA 12 times with an average 1-year return of +39.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2002 | Mar 2003 | 61 | 70.8% | -39.0% | +3453.0% |
| Jan 2005 | Sep 2006 | 87 | 45.2% | -4.1% | +2041.6% |
| Jan 2008 | Feb 2008 | 1 | 7.2% | -34.7% | +1455.6% |
| Feb 2008 | May 2008 | 12 | 21.2% | -39.1% | +1363.3% |
| Jun 2008 | Aug 2008 | 8 | 14.1% | -10.7% | +1425.2% |
| Sep 2008 | Aug 2009 | 47 | 54.0% | +29.7% | +1570.5% |
| May 2010 | Jun 2010 | 1 | 4.7% | +71.1% | +1260.4% |
| Jun 2010 | Jul 2010 | 3 | 3.1% | +62.0% | +1221.1% |
| Sep 2011 | Sep 2011 | 1 | 0.6% | +152.9% | +1154.0% |
| Aug 2019 | Oct 2019 | 9 | 7.2% | +66.8% | +2.3% |
| Mar 2020 | May 2020 | 10 | 31.7% | +173.9% | -4.2% |
| Apr 2022 | Ongoing | 199+ | 54.4% | Ongoing | -48.0% |
| Average | 37 | — | +39.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02