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AMAZON.COM INC.
AMAZON.COM INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AMZN
ISIN:

AMAZON.COM INC. - Daily - Technical analysis published on 05/15/2020 (GMT)

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Londinia
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
39%
6%
56%
My opinion
Bullish above 2,286.04 USD
My targets
2,474.00 USD (+3.56%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMAZON.COM INC. as long as the price remains well above 2,286.04 USD. The buyers” bullish objective is set at 2,474.00 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Bastien Huneau
This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AMAZON.COM INC. rating is 2,388.85 USD. The price has increased by +0.88% since the last closing and was traded between 2,353.21 USD and 2,391.37 USD over the period. The price is currently at +1.51% from its lowest and -0.11% from its highest.

2,353.21
2,391.37
2,388.85

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this AMAZON.COM INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily


Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,020.99 2,170.22 2,286.04 2,388.85 2,409.54 2,474.00
Change (%) -15.40% -9.15% -4.30% - +0.87% +3.56%
Change -367.86 -218.63 -102.81 - +20.69 +85.15
Level Major Intermediate Intermediate - Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,264.682,301.242,334.582,371.142,404.482,441.042,474.38
Camarilla2,348.702,355.112,361.512,367.922,374.332,380.742,387.14
Woodie2,263.072,300.442,332.972,370.342,402.872,440.242,472.77
Fibonacci2,301.242,327.942,344.442,371.142,397.842,414.342,441.04


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,164.052,210.222,294.912,341.082,425.772,471.942,556.63
Camarilla2,343.622,355.622,367.622,379.612,391.612,403.602,415.60
Woodie2,183.322,219.852,314.182,350.712,445.042,481.572,575.90
Fibonacci2,210.222,260.212,291.092,341.082,391.072,421.952,471.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,497.921,693.532,083.772,279.382,669.622,865.233,255.47
Camarilla2,312.892,366.592,420.302,474.002,527.702,581.412,635.11
Woodie1,595.231,742.192,181.082,328.042,766.932,913.893,352.78
Fibonacci1,693.531,917.332,055.592,279.382,503.182,641.442,865.23

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.74
MACD (12,26,9): 65.1800
Directional Movement: 8.47
AROON (14): -14.29
DEMA (21): 2,423.38
Parabolic SAR (0,02-0,02-0,2): 2,419.00
Elder Ray (13): 14.49
Super Trend (3,10): 2,188.01
Zig ZAG (10): 2,388.85
VORTEX (21): 0.9700
Stochastique (14,3,5): 52.54
TEMA (21): 2,413.54
Williams %R (14): -39.41
Chande Momentum Oscillator (20): 74.77
Repulse (5,40,3): 0.8800
ROCnROLL: 1
TRIX (15,9): 0.5600
Courbe Coppock: 0.04
MA7: 2,374.46
MA20: 2,367.39
MA50: 2,113.92
MA100: 2,031.63
MAexp7: 2,372.53
MAexp20: 2,326.64
MAexp50: 2,193.91
MAexp100: 2,075.37
Price / MA7: +0.61%
Price / MA20: +0.91%
Price / MA50: +13.01%
Price / MA100: +17.58%
Price / MAexp7: +0.69%
Price / MAexp20: +2.67%
Price / MAexp50: +8.89%
Price / MAexp100: +15.10%

News


The last news published on AMAZON.COM INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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