Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Mon. May. 6, 2024)(Amazon)
| AMZN latest price $3092.8300 (-0.69%) ($3092.8300 - $3092.8300) on Fri. Mar. 12, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.66% (three month average) | RSI | 43 | Latest Price | $3092.8300(-0.69%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.6% a day on average for past five trading days. | Weekly Trend | AMZN declines -1.2% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) VUG(35%) IWF(34%) XLY(34%) IVW(33%) XLK(33%) | Factors Impacting AMZN price | AMZN will decline at least -0.83% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TBT(-8%) VXX(-7%) EDOC(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.83% (StdDev 1.66%) | Hourly BBV | 0.3 () | Intraday Trend | 0% | | | |
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Resistance Level | $3126.78 | 5 Day Moving Average | $3057.41(1.16%) | 10 Day Moving Average | $3051.53(1.35%) | 20 Day Moving Average | $3126.78(-1.09%) | To recent high | -8.6% | To recent low | 4.7% | Market Cap | $1549.508b | | | | 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. |