Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Wed. May. 8, 2024)(Amazon)
| AMZN latest price $124.2350 (2.65%) ($124.2350 - $124.2350) on Thu. Jun. 8, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.02% (three month average) | RSI | 61 | Latest Price | $124.2350(2.65%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.3% a day on average for past five trading days. | Weekly Trend | AMZN advances 3.4% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) BOTZ(52%) ARKK(40%) CEMB(34%) BWX(32%) BND(31%) | Factors Impacting AMZN price | AMZN will decline at least -1.01% in a week (0% probabilities). VXX(-13%) SHY(-12%) VIXM(-9%) VCSH(-8%) LQD(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.01% (StdDev 2.02%) | Hourly BBV | -0.3 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $124.2(0.03%) | 10 Day Moving Average | $122.18(1.68%) | 20 Day Moving Average | $118.46(4.88%) | To recent high | -1.8% | To recent low | 36.9% | Market Cap | $62.242b | | | | 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. |