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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 10/03/2020 (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: Neutral
De fond: Bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 2,957.26 USD
My targets
3,200.00 USD (+2.40%)
3,531.45 USD (+13.01%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 2,957.26 USD remains possible. It is advisable to trade AMAZON.COM INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2,957.26 USD. The next bullish objective for buyers is set at 3,200.00 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3,531.45 USD. PS: if there is a bearish break in the support located at 2,957.26 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

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
3.4

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.

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

Additional analysis

Quotes

AMAZON.COM INC. rating 3,125.00 USD. The price is lower by -2.99% since the last closing with the lowest point at 3,123.00 USD and the highest point at 3,195.80 USD. The deviation from the price is +0.06% for the low point and -2.22% for the high point.

3,123.00
3,195.80
3,125.00

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this AMAZON.COM INC. chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, only 8 technical indicators out of 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,169.08 2,471.32 2,957.26 3,125.00 3,200.00 3,531.45
Change (%) -30.59% -20.92% -5.37% - +2.40% +13.01%
Change -955.92 -653.68 -167.74 - +75.00 +406.45
Level Minor Minor Major - Major 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
Standard3,135.513,153.753,187.513,205.753,239.513,257.753,291.51
Camarilla3,206.963,211.733,216.493,221.263,226.033,230.793,235.56
Woodie3,143.263,157.633,195.263,209.633,247.263,261.633,299.26
Fibonacci3,153.753,173.623,185.893,205.753,225.623,237.893,257.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,669.772,770.382,932.763,033.373,195.753,296.363,458.74
Camarilla3,022.813,046.923,071.023,095.133,119.243,143.353,167.45
Woodie2,700.652,785.822,963.643,048.813,226.633,311.803,489.62
Fibonacci2,770.382,870.852,932.913,033.373,133.843,195.903,296.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,147.822,509.412,829.073,190.663,510.323,871.914,191.57
Camarilla2,961.393,023.833,086.283,148.733,211.183,273.633,336.07
Woodie2,126.862,498.932,808.113,180.183,489.363,861.434,170.61
Fibonacci2,509.412,769.652,930.423,190.663,450.903,611.673,871.91

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.56
MACD (12,26,9): -18.7700
Directional Movement: 0.90
AROON (14): 57.15
DEMA (21): 3,115.32
Parabolic SAR (0,02-0,02-0,2): 2,934.13
Elder Ray (13): 28.41
Super Trend (3,10): 3,264.05
Zig ZAG (10): 3,125.00
VORTEX (21): 0.7900
Stochastique (14,3,5): 83.79
TEMA (21): 3,086.96
Williams %R (14): -28.05
Chande Momentum Oscillator (20): 46.90
Repulse (5,40,3): -1.3800
ROCnROLL: -1
TRIX (15,9): -0.1600
Courbe Coppock: 2.25
MA7: 3,132.69
MA20: 3,116.17
MA50: 3,185.42
MA100: 2,947.39
MAexp7: 3,136.36
MAexp20: 3,142.28
MAexp50: 3,116.94
MAexp100: 2,936.54
Price / MA7: -0.25%
Price / MA20: +0.28%
Price / MA50: -1.90%
Price / MA100: +6.03%
Price / MAexp7: -0.36%
Price / MAexp20: -0.55%
Price / MAexp50: +0.26%
Price / MAexp100: +6.42%

Quotes : 2020-10-02 19:59:59 - 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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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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