Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Wed. May. 1, 2024)(Amazon)
| AMZN latest price $2436.1200 (-0.49%) ($2430.1300 - $2469.8500) on Fri. May. 22, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.99% (three month average) | RSI | 70 | Latest Price | $2436.1200(-0.49%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.2% a day on average for past five trading days. | Weekly Trend | AMZN advances 2.2% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(39%) IWF(38%) IVW(37%) QQQ(37%) XLK(37%) | Factors Impacting AMZN price | AMZN will decline at least -1.495% in a week (0% probabilities). VIXM(-22%) UUP(-16%) VXX(-8%) TBT(-8%) UNG(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.495% (StdDev 2.99%) | Hourly BBV | -1.5 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $2451.23(-0.62%) | 10 Day Moving Average | $2420.95(0.63%) | 20 Day Moving Average | $2384.28(2.17%) | To recent high | -2.5% | To recent low | 45.4% | Market Cap | $1220.496b | | | | 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. |