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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 07/03/2020 (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: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2,663.98 USD
My targets
3,022.85 USD (+4.46%)
3,249.71 USD (+12.30%)
My analysis
AMAZON.COM INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2,663.98 USD. The next resistance located at 3,022.85 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3,249.71 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9

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.

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

Additional analysis

Quotes

The AMAZON.COM INC. rating is 2,893.89 USD. On the day, this instrument gained +0.53% and was between 2,871.10 USD and 2,955.56 USD. This implies that the price is at +0.79% from its lowest and at -2.09% from its highest.

2,871.10
2,955.56
2,893.89

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AMAZON.COM INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2,169.08 2,405.92 2,545.02 2,893.89
Change (%) -25.05% -16.86% -12.06% -
Change -724.81 -487.97 -348.87 -
Level Intermediate Minor Intermediate -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,649.132,701.572,790.132,842.572,931.132,983.573,072.13
Camarilla2,839.932,852.852,865.782,878.702,891.632,904.552,917.48
Woodie2,667.202,710.602,808.202,851.602,949.202,992.603,090.20
Fibonacci2,701.572,755.432,788.712,842.572,896.432,929.712,983.57


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,515.582,592.292,642.582,719.292,769.582,846.292,896.58
Camarilla2,657.952,669.592,681.232,692.872,704.512,716.152,727.80
Woodie2,502.372,585.692,629.372,712.692,756.372,839.692,883.37
Fibonacci2,592.292,640.802,670.782,719.292,767.802,797.782,846.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,173.102,305.112,531.972,663.982,890.843,022.853,249.71
Camarilla2,660.132,693.032,725.922,758.822,791.722,824.612,857.51
Woodie2,220.522,328.822,579.392,687.692,938.263,046.563,297.13
Fibonacci2,305.112,442.202,526.902,663.982,801.072,885.773,022.85

Numerical data


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

Technical indicators
Moving averages

RSI (14): 74.33
MACD (12,26,9): 97.7700
Directional Movement: 34.57
AROON (14): 100.00
DEMA (21): 2,806.71
Parabolic SAR (0,02-0,02-0,2): 2,635.38
Elder Ray (13): 180.18
Super Trend (3,10): 2,689.17
Zig ZAG (10): 2,893.89
VORTEX (21): 1.2300
Stochastique (14,3,5): 89.78
TEMA (21): 2,832.23
Williams %R (14): -13.78
Chande Momentum Oscillator (20): 278.62
Repulse (5,40,3): 3.3100
ROCnROLL: 1
TRIX (15,9): 0.4800
Courbe Coppock: 16.66
MA7: 2,770.52
MA20: 2,669.41
MA50: 2,510.01
MA100: 2,260.48
MAexp7: 2,788.98
MAexp20: 2,681.80
MAexp50: 2,516.59
MAexp100: 2,335.98
Price / MA7: +4.45%
Price / MA20: +8.41%
Price / MA50: +15.29%
Price / MA100: +28.02%
Price / MAexp7: +3.76%
Price / MAexp20: +7.91%
Price / MAexp50: +14.99%
Price / MAexp100: +23.88%

Quotes : 2020-07-02 17:00:01 - 15 min delayed data - NASDAQ Stocks

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.

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