Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Apr. 26, 2024)(Amazon)
| AMZN latest price $3241.6100 (6.37%) ($3139.7300 - $3244.8500) on Wed. Nov. 4, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.48% (three month average) | RSI | 43 | Latest Price | $3241.6100(6.37%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.5% a day on average for past five trading days. | Weekly Trend | AMZN declines -2.1% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(37%) IVW(35%) IWF(35%) XLY(35%) QQQ(34%) | Factors Impacting AMZN price | AMZN will decline at least -1.24% in a week (0% probabilities). VIXM(-21%) UUP(-16%) EDOC(-13%) TBT(-9%) VXX(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.24% (StdDev 2.48%) | Hourly BBV | 1.5 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $3161.57(-2.47%) | 5 Day Moving Average | $3108.31(4.29%) | 10 Day Moving Average | $3155.5(2.73%) | 20 Day Moving Average | $3219.92(0.67%) | To recent high | -8.3% | To recent low | 9.8% | Market Cap | $1624.047b | | | | 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. |