Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Wed. May. 22, 2024)(Amazon)
| AMZN latest price $86.0350 (3.02%) ($86.0350 - $86.0350) on Tue. Jan. 3, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.01% (three month average) | RSI | 36 | Latest Price | $86.0350(3.02%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 1% a day on average for past five trading days. | Weekly Trend | AMZN declines -1.8% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) BLOK(43%) BND(26%) VT(15%) XLB(13%) XLE(13%) | Factors Impacting AMZN price | AMZN will decline at least -1.505% in a week (0% probabilities). UUP(-14%) REMX(-10%) EWY(-10%) BWX(-10%) ONLN(-9%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.505% (StdDev 3.01%) | Hourly BBV | 2 () | Intraday Trend | 0% | | | |
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Resistance Level | $86.39 | 5 Day Moving Average | $84.3(2.06%) | 10 Day Moving Average | $84.2(2.18%) | 20 Day Moving Average | $86.39(-0.41%) | To recent high | -29% | To recent low | 5.1% | Market Cap | $43.104b | | | | 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. |