Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Apr. 26, 2024)(Amazon)
| AMZN latest price $3053.6600 (0.67%) ($3005.0000 - $3092.0000) on Thu. Jul. 30, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.05% (three month average) | RSI | 41 | Latest Price | $3053.6600(0.67%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.4% a day on average for past five trading days. | Weekly Trend | AMZN declines -0.8% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(39%) IVW(37%) IWF(37%) XLY(37%) QQQ(36%) | Factors Impacting AMZN price | AMZN will decline at least -1.025% in a week (0% probabilities). VIXM(-21%) 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 | -1.025% (StdDev 2.05%) | Hourly BBV | 1.6 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $3056.25 | 5 Day Moving Average | $3030.06(0.78%) | 10 Day Moving Average | $3052.22(0.05%) | 20 Day Moving Average | $3056.25(-0.08%) | To recent high | -4.7% | To recent low | 33.5% | Market Cap | $1529.884b | | | | 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. |