Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. May. 23, 2024)(Amazon)
| AMZN latest price $83.5150 (-0.73%) ($83.5150 - $83.5600) on Fri. Dec. 30, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3% (three month average) | RSI | 27 | Latest Price | $83.5150(-0.73%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.1% a day on average for past five trading days. | Weekly Trend | AMZN declines -3.1% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) BLOK(43%) BND(25%) VT(16%) XLE(15%) XLB(14%) | Factors Impacting AMZN price | AMZN will decline at least -1.5% in a week (0% probabilities). UUP(-14%) BWX(-10%) VIXM(-9%) IGOV(-9%) EWY(-9%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.5% (StdDev 3%) | Hourly BBV | 0.3 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $76.64(-8.23%) | Resistance Level | $86.51 | 5 Day Moving Average | $83.47(0.05%) | 10 Day Moving Average | $84.09(-0.68%) | 20 Day Moving Average | $86.51(-3.46%) | To recent high | -31.1% | To recent low | 2% | Market Cap | $41.841b | | | | 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. |