Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Wed. May. 8, 2024)(Amazon)
| AMZN latest price $126.3400 (2.29%) ($126.3400 - $126.3400) on Mon. Jun. 12, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2% (three month average) | RSI | 71 | Latest Price | $126.3400(2.29%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.2% a day on average for past five trading days. | Weekly Trend | AMZN advances 3.2% 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) BOTZ(51%) ARKK(40%) CEMB(34%) BND(32%) BWX(32%) | Factors Impacting AMZN price | AMZN will decline at least -1% in a week (0% probabilities). VXX(-12%) SHY(-12%) VIXM(-9%) VCSH(-8%) EMHY(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1% (StdDev 2%) | Hourly BBV | 2.2 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $124.32(1.62%) | 10 Day Moving Average | $123.61(2.21%) | 20 Day Moving Average | $119.83(5.43%) | To recent high | -0.1% | To recent low | 36.3% | Market Cap | $63.296b | | | | 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. |