Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. Apr. 25, 2024)(Amazon)
| AMZN latest price $2545.3200 (-0.44%) ($2503.3500 - $2621.4770) on Fri. Jun. 12, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.4% (three month average) | RSI | 64 | Latest Price | $2545.3200(-0.44%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.5% a day on average for past five trading days. | Weekly Trend | AMZN advances 3.2% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Broad based rally 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 -1.2% 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 | -1.2% (StdDev 2.4%) | Hourly BBV | -1.4 () | Intraday Trend | 0% | | | |
|
Inflection Point | Yes | 5 Day Moving Average | $2575.45(-1.17%) | 10 Day Moving Average | $2526.91(0.73%) | 20 Day Moving Average | $2481.96(2.55%) | To recent high | -3.9% | To recent low | 52% | Market Cap | $1275.205b | | | | 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. |