Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Tue. May. 21, 2024)(Amazon)
| AMZN latest price $178.9500 (1.91%) ($178.9500 - $178.9500) on Wed. May. 1, 2024. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.81% (three month average) | RSI | 37 | Latest Price | $178.9500(1.91%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.2% a day on average for past five trading days. | Weekly Trend | AMZN declines -1.8% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) IWN(82%) IWM(78%) IWO(71%) TAN(71%) IVW(68%) | Factors Impacting AMZN price | AMZN will decline at least -0.905% in a week (0% probabilities). VXX(-60%) VIXM(-35%) UUP(-32%) GLD(15%) GDX(19%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.905% (StdDev 1.81%) | Hourly BBV | 2.2 () | Intraday Trend | 0% | | | |
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Resistance Level | $180.88 | 5 Day Moving Average | $177.6(0.76%) | 10 Day Moving Average | $177.57(0.78%) | 20 Day Moving Average | $180.88(-1.07%) | To recent high | -5.4% | To recent low | 12.8% | Market Cap | $89.654b | | | | 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. |