Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. Mar. 28, 2024)(Amazon)
| AMZN latest price $3055.6300 (5.82%) ($2930.0000 - $3059.8800) on Mon. Jul. 6, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.95% (three month average) | RSI | 84 | Latest Price | $3055.6300(5.82%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 2.6% a day on average for past five trading days. | Weekly Trend | AMZN advances 4.2% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(39%) IVW(38%) IWF(38%) QQQ(37%) XLY(37%) | Factors Impacting AMZN price | AMZN will decline at least -0.975% 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 | -0.975% (StdDev 1.95%) | Hourly BBV | 1.5 () | Intraday Trend | 0% | | | |
|
Inflection Point | Yes | 5 Day Moving Average | $2852.1(7.14%) | 10 Day Moving Average | $2796.94(9.25%) | 20 Day Moving Average | $2704.56(12.98%) | To recent high | 0% | To recent low | 53.2% | Market Cap | $1530.871b | | | | 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. |