Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Apr. 26, 2024)(Amazon)
| AMZN latest price $1627.5800 (1.22%) ($1600.5600 - $1634.0000) on Tue. Feb. 19, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.94% (three month average) | RSI | 56 | Latest Price | $1627.5800(1.22%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.5% a day on average for past five trading days. | Weekly Trend | AMZN declines -0.6% a week on average for past two weeks. | Market Behavior | Normal for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(42%) IWF(41%) QQQ(41%) IVW(40%) XLY(40%) | Factors Impacting AMZN price | AMZN will decline at least -1.47% in a week (0% probabilities). VXX(-10%) UUP(-7%) IGOV(-5%) IFRA(-4%) XHB(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.47% (StdDev 2.94%) | Hourly BBV | 0 () | Intraday Trend | 1.7% | | | |
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Resistance Level | $1634.64 | 5 Day Moving Average | $1627.24(0.02%) | 10 Day Moving Average | $1622.6(0.31%) | 20 Day Moving Average | $1634.64(-0.43%) | To recent high | -8.2% | To recent low | 21.1% | Market Cap | $815.418b | | | | 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. |