Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Mon. Jun. 3, 2024)(Amazon)
| AMZN latest price $1840.7200 (-2.06%) ($1820.7300 - $1957.0000) on Fri. Mar. 20, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.77% (three month average) | RSI | 45 | Latest Price | $1840.7200(-2.06%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.6% a day on average for past five trading days. | Weekly Trend | AMZN declines -3% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(40%) IWF(39%) QQQ(39%) IVW(38%) SKYY(37%) | Factors Impacting AMZN price | AMZN will decline at least -1.385% in a week (0% probabilities). VIXM(-23%) UUP(-12%) VXX(-10%) TBT(-6%) UNG(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.385% (StdDev 2.77%) | Hourly BBV | -0.5 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $1866.71 | 5 Day Moving Average | $1810.09(1.69%) | 10 Day Moving Average | $1802.98(2.09%) | 20 Day Moving Average | $1866.71(-1.39%) | To recent high | -15.2% | To recent low | 9.9% | Market Cap | $922.201b | | | | Amazon.com, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca. The International segment offers retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA. |