Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Tue. May. 21, 2024)(Amazon)
| AMZN latest price $121.0250 (-4.3%) ($120.6500 - $121.0250) on Wed. Jun. 7, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2% (three month average) | RSI | 61 | Latest Price | $121.0250(-4.3%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.1% a day on average for past five trading days. | Weekly Trend | AMZN advances 3.4% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) BOTZ(52%) ARKK(40%) CEMB(34%) BWX(32%) BND(31%) | Factors Impacting AMZN price | AMZN will decline at least -1% in a week (0% probabilities). VXX(-13%) SHY(-12%) VIXM(-9%) VCSH(-8%) LQD(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1% (StdDev 2%) | Hourly BBV | -2.1 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $123.84(-2.27%) | 10 Day Moving Average | $121.45(-0.35%) | 20 Day Moving Average | $117.77(2.76%) | To recent high | -4.3% | To recent low | 33.4% | Market Cap | $60.634b | | | | 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. |