Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Tue. Jun. 18, 2024)(Amazon)
| AMZN latest price $2987.0000 (4.12%) ($2987.0000 - $2994.6300) on Mon. Jan. 31, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.86% (three month average) | RSI | 36 | Latest Price | $2987.0000(4.12%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.8% a day on average for past five trading days. | Weekly Trend | AMZN declines -6.5% 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(33%) BLOK(32%) XLY(32%) IWF(31%) IVW(30%) | Factors Impacting AMZN price | AMZN will decline at least -0.93% in a week (0% probabilities). VIXM(-20%) UUP(-16%) TBT(-8%) UNG(-7%) VXX(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.93% (StdDev 1.86%) | Hourly BBV | 1.6 () | Intraday Trend | 0% | | | |
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Resistance Level | $3096.85 | 5 Day Moving Average | $2847.32(4.91%) | 10 Day Moving Average | $2924.29(2.14%) | 20 Day Moving Average | $3096.85(-3.55%) | To recent high | -19.3% | To recent low | 7.4% | Market Cap | $1496.487b | | | | 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. |