Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. Feb. 25, 2021)(Amazon)
| AMZN latest price $3058.9200 (-3.17%) ($3058.9200 - $3058.9200) on Thu. Feb. 25, 2021. | |
| | Trend Analysis and Forecast | | | Trend Pattern | Breakdown | Trend Narrative | Growing Downtrend | Average Daily Price Swing | $75.63 (2.32% one month average) | Average Daily Percentage Swing | 1.53% (three month average) | Weekly Trend Force | -0.6% (StdDev 1.53%) | Daily Moving Force | -1.9% | Rebound Strength | None(0.5%) | Trend | -0.38% | Trend Strength | -1.2% | RSI | 25 | Momentum | 1.5 | Latest Price | $3058.9200(-3.17%) | Forecasted Low Price | 3034.45(-0.8%) | Forecasted High Price | 3086.45(0.9%) | Direction of Next Movement | Lower(-1.2%) | % Change Needed to Confirm Rebound | 5% ((3211.12)) | % Change Needed for Trend Reversal | 6.2% | Hourly Trend | -2.3% [$3109.05(-70.94), $3150.08(-47.45)] | Stocks Behave Similarly | Similar Stock List | Complacency | 3 | Intraday Reversal Probability | There's a high probability the price will reverse sharply to upside intraday or next day.. | Daily Trend | AMZN declines -1.7% a day on average for past five trading days. | Weekly Trend | AMZN declines -2.3% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support AMZN decline at-0.6% a week (76% probability) XLY(78%) IVW(76%) IWF(75%) QQQ(75%) VUG(75%) | Factors Impacting AMZN price | AMZN will decline at least -0.2% in a week (44% probabilities). VXX(-58%) XRT(-44%) VIXM(-43%) TBT(-34%) OIH(-25%) | Explanation | The decline is sustainable and supported by the broad market. | Trading Plan | Not Available | | | Valuation to SPY | -2.2 | | | Relative Volatility | 0.4 (options are faily valued) | | | Market Trend Strength | -1.4% (StdDev 1.53%) | Hourly BBV | -4.7 () | Intraday Trend | 0% | | | |
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Next Day Open Price | $3041.18(-0.58%) | Inflection Point | Yes | Resistance Level | $3265.72 | 5 Day Moving Average | $3169.76(-3.5%) | 10 Day Moving Average | $3225.03(-5.15%) | 20 Day Moving Average | $3265.72(-6.33%) | To recent high | -9.6% | To recent low | 0% | Market Cap | $1532.519b | | Option Sentiment | | | | Earning Release Date | Tue. Feb. 2, 2021 | Analyst One Year Target Price | $3830.49 ($3048.00 - $4500.00) 46 analysts (last updated on Wed. Nov. 18, 2020) | % to Average Target Price | 25.22% | % to Low Target Price | -0.36% | % to High Target Price | 47.11% | | |
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.
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