Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Apr. 26, 2024)(Amazon)
| AMZN latest price $3123.2400 (0.59%) ($3123.2400 - $3123.2400) on Tue. Jan. 19, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.88% (three month average) | RSI | 35 | Latest Price | $3123.2400(0.59%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.1% 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. Broad based rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(36%) XLY(35%) IVW(34%) IWF(34%) QQQ(33%) | Factors Impacting AMZN price | AMZN will decline at least -0.94% in a week (0% probabilities). VIXM(-21%) UUP(-15%) TBT(-8%) VXX(-7%) IGOV(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.94% (StdDev 1.88%) | Hourly BBV | 0.1 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $3186.75 | 5 Day Moving Average | $3128.63(-0.17%) | 10 Day Moving Average | $3146.09(-0.73%) | 20 Day Moving Average | $3186.75(-1.99%) | To recent high | -6% | To recent low | 4% | Market Cap | $1564.743b | | | | 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. |