My heart always sinks when I see thread titles like that. :-(
Classic ITBS, I'd say. Unfortunately.
Strengthening and stretching are fine, but if you don't sort out your running gait, they'll be fairly ineffective in the long term. So, yes, I do think you're 'out of alignment'. I suggest getting your gait analysed by a podiatrist or a running shop with treadmill video analysis. You may (like me) need extra support in the arch area, or somewhere else. If they can't fit a suitable running shoe, you can get custom inserts (orthotics) made to fit in a neutral shoe.
Finally, I got ITBS in March last year (17th - St Pat's day!), and have come back twice unsuccessfully, but I think it's third time lucky now I'm in the proper shoes (and seeing a sports physio who's had ITBS herself). So be very patient (I know it's hard) and REST when you can. If you run with pain , you're causing damage.
Best of luck with it. You CAN beat it. I think!
Disclaimer - I'm not an expert, just a sufferer.