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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. - 1H - Technical analysis published on 09/18/2020 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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 bearish
De fond: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 3,111.34 USD
My targets
2,750.93 USD (-7.22%)
2,471.32 USD (-16.65%)
My analysis
AMAZON.COM INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3,111.34 USD. The next support located at 2,750.93 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2,471.32 USD. Below this support, sellers could then target 2,169.08 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5

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. Daily Weekly

Additional analysis

Quotes

AMAZON.COM INC. rating 2,965.01 USD. The price registered a decrease of -1.45% on the session and was between 2,962.00 USD and 3,037.80 USD. This implies that the price is at +0.10% from its lowest and at -2.40% from its highest.

2,962.00
3,037.80
2,965.01

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AMAZON.COM INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



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 : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,020.99 2,169.08 2,471.32 2,965.01 3,111.34 3,200.00 3,379.82
Change (%) -31.84% -26.84% -16.65% - +4.94% +7.93% +13.99%
Change -944.02 -795.93 -493.69 - +146.33 +234.99 +414.81
Level Major Intermediate Minor - Minor Major Minor



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
Standard2,920.832,946.692,977.713,003.573,034.593,060.453,091.47
Camarilla2,993.092,998.303,003.523,008.733,013.943,019.163,024.37
Woodie2,923.412,947.982,980.293,004.863,037.173,061.743,094.05
Fibonacci2,946.692,968.422,981.843,003.573,025.303,038.723,060.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,750.932,917.453,016.843,183.363,282.753,449.273,548.66
Camarilla3,043.103,067.473,091.853,116.223,140.603,164.973,189.35
Woodie2,717.362,900.672,983.273,166.583,249.183,432.493,515.09
Fibonacci2,917.453,019.033,081.793,183.363,284.943,347.703,449.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,762.312,917.653,184.313,339.653,606.313,761.654,028.31
Camarilla3,334.913,373.593,412.283,450.963,489.643,528.333,567.01
Woodie2,817.962,945.483,239.963,367.483,661.963,789.484,083.96
Fibonacci2,917.653,078.863,178.453,339.653,500.863,600.453,761.65

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): 28.60
MACD (12,26,9): -47.9900
Directional Movement: -12.67
AROON (14): -64.29
DEMA (21): 2,993.42
Parabolic SAR (0,02-0,02-0,2): 3,071.29
Elder Ray (13): -28.69
Super Trend (3,10): 3,098.17
Zig ZAG (10): 2,986.91
VORTEX (21): 0.8800
Stochastique (14,3,5): 12.41
TEMA (21): 2,977.65
Williams %R (14): -98.97
Chande Momentum Oscillator (20): -156.13
Repulse (5,40,3): -2.0400
ROCnROLL: 2
TRIX (15,9): -0.1900
Courbe Coppock: 9.54
MA7: 3,087.40
MA20: 3,268.16
MA50: 3,181.27
MA100: 2,873.83
MAexp7: 3,001.37
MAexp20: 3,054.27
MAexp50: 3,131.19
MAexp100: 3,197.32
Price / MA7: -3.96%
Price / MA20: -9.28%
Price / MA50: -6.80%
Price / MA100: +3.17%
Price / MAexp7: -1.21%
Price / MAexp20: -2.92%
Price / MAexp50: -5.31%
Price / MAexp100: -7.27%

Quotes : 2020-09-18 14:58:27 - 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.

About author

Londinia
Londinia AI

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