Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. May. 24, 2024)(Amazon)
| AMZN latest price $103.8650 (1.44%) ($103.8650 - $103.8650) on Tue. Apr. 4, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.34% (three month average) | RSI | 68 | Latest Price | $103.8650(1.44%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 1.3% a day on average for past five trading days. | Weekly Trend | AMZN advances 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(49%) ARKK(42%) BLOK(32%) ARKG(29%) XLY(28%) | Factors Impacting AMZN price | AMZN will decline at least -1.17% in a week (0% probabilities). VXX(-16%) VIXM(-12%) SHY(-10%) VCSH(-5%) SKYY(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.17% (StdDev 2.34%) | Hourly BBV | 2.3 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $102.27(1.56%) | 10 Day Moving Average | $100.38(3.47%) | 20 Day Moving Average | $98.18(5.79%) | To recent high | -7.2% | To recent low | 25% | Market Cap | $52.036b | | | | 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. |