Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. May. 23, 2024)(Amazon)
| AMZN latest price $101.3450 (-2.43%) ($101.3450 - $101.3450) on Wed. Apr. 5, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.34% (three month average) | RSI | 54 | Latest Price | $101.3450(-2.43%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.2% a day on average for past five trading days. | Weekly Trend | AMZN advances 1.8% a week on average for past two weeks. | Market Behavior | Normal 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(-13%) 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 | -1.3 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $102.47(-1.1%) | 10 Day Moving Average | $100.64(0.7%) | 20 Day Moving Average | $98.54(2.85%) | To recent high | -9.4% | To recent low | 22% | Market Cap | $50.774b | | | | 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. |