Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Mon. May. 13, 2024)(Amazon)
| AMZN latest price $3247.2300 (0.69%) ($3236.0200 - $3247.2300) on Thu. May. 20, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.55% (three month average) | RSI | 30 | Latest Price | $3247.2300(0.69%) | 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 -1.5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(34%) XLY(34%) IWF(33%) IVW(32%) XLK(32%) | Factors Impacting AMZN price | AMZN will decline at least -0.775% in a week (0% probabilities). VIXM(-21%) UUP(-15%) EDOC(-9%) TBT(-7%) VXX(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.775% (StdDev 1.55%) | Hourly BBV | 0.1 () | Intraday Trend | 0% | | | |
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Resistance Level | $3300.15 | 5 Day Moving Average | $3240.19(0.22%) | 10 Day Moving Average | $3223.55(0.73%) | 20 Day Moving Average | $3300.15(-1.6%) | To recent high | -6.4% | To recent low | 10% | Market Cap | $1626.862b | | | | 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. |