Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Tue. Apr. 30, 2024)(Amazon)
| AMZN latest price $3096.9100 (2.67%) ($2999.0000 - $3101.5400) on Fri. Sep. 25, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.56% (three month average) | RSI | 41 | Latest Price | $3096.9100(2.67%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 1% a day on average for past five trading days. | Weekly Trend | AMZN declines -2.4% a week on average for past two weeks. | Market Behavior | Broad based 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(38%) IVW(36%) IWF(36%) XLY(36%) QQQ(35%) | Factors Impacting AMZN price | AMZN will decline at least -1.28% in a week (0% probabilities). VIXM(-21%) UUP(-16%) EDOC(-12%) VXX(-8%) TBT(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.28% (StdDev 2.56%) | Hourly BBV | 1.8 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $3177.42 | 5 Day Moving Average | $3040.25(1.86%) | 10 Day Moving Average | $3048.07(1.6%) | 20 Day Moving Average | $3177.42(-2.53%) | To recent high | -12.4% | To recent low | 15.6% | Market Cap | $1551.552b | | | | 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. |