Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Thu. May. 2, 2024)(Amazon)
| AMZN latest price $171.9700 (8.37%) ($171.9700 - $171.9700) on Fri. Feb. 2, 2024. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.62% (three month average) | RSI | 72 | Latest Price | $171.9700(8.37%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 1.6% a day on average for past five trading days. | Weekly Trend | AMZN advances 2.5% a week on average for past two weeks. | Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) IVW(82%) QQQ(79%) SPY(74%) SMH(59%) DIA(52%) | Factors Impacting AMZN price | AMZN will decline at least -0.81% in a week (0% probabilities). VXX(-44%) VIXM(-34%) TLT(-7%) UUP(-5%) GDX(2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.81% (StdDev 1.62%) | Hourly BBV | 1.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $161.14(6.72%) | 10 Day Moving Average | $159.2(8.02%) | 20 Day Moving Average | $155.91(10.3%) | To recent high | 0% | To recent low | 24.6% | Market Cap | $86.157b | | | | 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. |