Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. Mar. 28, 2024)(Amazon)
| AMZN latest price $1887.5200 (-2.68%) ($1885.7800 - $1950.2600) on Wed. Mar. 25, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.81% (three month average) | RSI | 48 | Latest Price | $1887.5200(-2.68%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.6% a day on average for past five trading days. | Weekly Trend | AMZN advances 1.1% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(39%) IWF(38%) QQQ(38%) IVW(37%) XLK(37%) | Factors Impacting AMZN price | AMZN will decline at least -1.405% in a week (0% probabilities). VIXM(-21%) UUP(-13%) VXX(-9%) TBT(-5%) UNG(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.405% (StdDev 2.81%) | Hourly BBV | -0.1 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $1891.04(-0.19%) | 10 Day Moving Average | $1829.16(3.19%) | 20 Day Moving Average | $1858.26(1.57%) | To recent high | -13% | To recent low | 12.7% | Market Cap | $945.648b | | | | 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. |