Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Mon. May. 6, 2024)(Amazon)
| AMZN latest price $98.7100 (-1.93%) ($98.6300 - $98.7100) on Wed. Mar. 22, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.39% (three month average) | RSI | 65 | Latest Price | $98.7100(-1.93%) | 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 3.2% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) BOTZ(50%) ARKK(44%) BLOK(34%) ARKG(31%) XLY(31%) | Factors Impacting AMZN price | AMZN will decline at least -1.195% in a week (0% probabilities). VXX(-18%) VIXM(-14%) SHY(-11%) VCSH(-7%) TLT(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.195% (StdDev 2.39%) | Hourly BBV | 1 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $99.13(-0.42%) | 10 Day Moving Average | $96.36(2.44%) | 20 Day Moving Average | $94.99(3.92%) | To recent high | -11.8% | To recent low | 20.6% | Market Cap | $49.454b | | | | 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. |