Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. Mar. 28, 2024)(Amazon)
| AMZN latest price $3000.0600 (-1.82%) ($2990.0000 - $3069.5500) on Tue. Jul. 7, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.97% (three month average) | RSI | 78 | Latest Price | $3000.0600(-1.82%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 2.3% a day on average for past five trading days. | Weekly Trend | AMZN advances 4.9% 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(39%) IVW(38%) IWF(38%) QQQ(37%) XLY(37%) | Factors Impacting AMZN price | AMZN will decline at least -0.985% 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 | -0.985% (StdDev 1.97%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $2916.13(2.88%) | 10 Day Moving Average | $2826.73(6.13%) | 20 Day Moving Average | $2728.9(9.94%) | To recent high | -1.8% | To recent low | 49.2% | Market Cap | $1503.03b | | | | 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. |