Trading Signals: AMZN Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Apr. 26, 2024)(Amazon)
| AMZN latest price $179.5200 (3.7%) ($176.1300 - $179.5200) on Fri. Apr. 26, 2024. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.8% (three month average) | RSI | 42 | Latest Price | $179.5200(3.7%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | AMZN advances 0.6% a day on average for past five trading days. | Weekly Trend | AMZN declines -2.5% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support AMZN advance at 0% a week (0% probability) IVW(91%) XBI(91%) SPY(90%) QQQ(88%) IWO(87%) | Factors Impacting AMZN price | AMZN will decline at least -0.9% in a week (0% probabilities). VXX(-77%) XLE(-45%) VIXM(-37%) GDX(-36%) GLD(-29%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.9% (StdDev 1.8%) | Hourly BBV | 1.2 () | Intraday Trend | 0% | | | |
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Resistance Level | $181.35 | 5 Day Moving Average | $177.25(1.28%) | 10 Day Moving Average | $178.75(0.43%) | 20 Day Moving Average | $181.35(-1.01%) | To recent high | -5.1% | To recent low | 15.7% | Market Cap | $89.94b | | | | 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. |