Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Jul. 5, 2024)(Amazon)
| AMZN latest price $115.9400 (2.6%) ($115.9400 - $115.9400) on Mon. Oct. 3, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.77% (three month average) | RSI | 33 | Latest Price | $115.9400(2.6%) | 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 -4.2% 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) BLOK(53%) VT(40%) VUG(40%) XLY(39%) ARKK(36%) | Factors Impacting AMZN price | AMZN will decline at least -1.385% in a week (0% probabilities). UUP(-26%) VIXM(-13%) TBT(-8%) VXX(-4%) UNG(5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.385% (StdDev 2.77%) | Hourly BBV | 1.8 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $106.74(-7.94%) | Resistance Level | $122.04 | 5 Day Moving Average | $115.35(0.51%) | 10 Day Moving Average | $116.31(-0.32%) | 20 Day Moving Average | $122.04(-5%) | To recent high | -19.9% | To recent low | 6% | Market Cap | $58.086b | | | | 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. |