Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Tue. Apr. 30, 2024)(Amazon)
| AMZN latest price $140.4900 (-1.11%) ($140.4900 - $140.4900) on Thu. Nov. 9, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2% (three month average) | RSI | 70 | Latest Price | $140.4900(-1.11%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.4% a day on average for past five trading days. | Weekly Trend | AMZN advances 6.3% 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) IVW(78%) QQQ(76%) SPY(68%) IWF(63%) VUG(60%) | Factors Impacting AMZN price | AMZN will decline at least -1% in a week (0% probabilities). VXX(-37%) VIXM(-28%) UUP(-17%) TBT(-15%) ACES(-15%) | 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 | -2.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $140.67(-0.13%) | 10 Day Moving Average | $137.43(2.23%) | 20 Day Moving Average | $132.45(6.07%) | To recent high | -3.1% | To recent low | 17.5% | Market Cap | $70.385b | | | | 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. |