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 12/01/2020 (GMT)

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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: Bullish
De fond: Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 3,140.18 USD
My targets
3,257.25 USD (+1.87%)
3,291.66 USD (+2.94%)
My analysis
A bullish trend on AMAZON.COM INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 3,140.18 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 3,257.25 USD. Then the price could move towards 3,291.66 USD. Then 3,366.80 USD by extension. Be careful, a return below 3,140.18 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
5.7

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.

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

The AMAZON.COM INC. rating is 3,197.57 USD. The price has increased by +0.93% since the last closing with the lowest point at 3,157.18 USD and the highest point at 3,198.38 USD. The deviation from the price is +1.28% for the low point and -0.03% for the high point.

3,157.18
3,198.38
3,197.57

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


A technical analysis in 1H of this AMAZON.COM INC. chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3,019.48 3,065.46 3,140.18 3,197.57 3,200.00 3,257.25 3,291.66
Change (%) -5.57% -4.13% -1.79% - +0.08% +1.87% +2.94%
Change -178.09 -132.11 -57.39 - +2.43 +59.68 +94.09
Level Minor Minor Intermediate - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,016.763,071.153,119.603,173.993,222.443,276.833,325.28
Camarilla3,139.763,149.193,158.613,168.043,177.473,186.893,196.32
Woodie3,013.783,069.673,116.623,172.513,219.463,275.353,322.30
Fibonacci3,071.153,110.443,134.713,173.993,213.283,237.553,276.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,951.073,008.273,101.803,159.003,252.533,309.733,403.26
Camarilla3,153.893,167.713,181.523,195.343,209.163,222.973,236.79
Woodie2,969.253,017.353,119.983,168.083,270.713,318.813,421.44
Fibonacci3,008.273,065.853,101.423,159.003,216.583,252.153,309.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,539.832,744.972,956.513,161.653,373.193,578.333,789.87
Camarilla3,053.453,091.653,129.843,168.043,206.243,244.433,282.63
Woodie2,543.022,746.572,959.703,163.253,376.383,579.933,793.06
Fibonacci2,744.972,904.153,002.483,161.653,320.833,419.163,578.33

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): 59.18
MACD (12,26,9): 8.2900
Directional Movement: 13.63
AROON (14): -7.15
DEMA (21): 3,181.77
Parabolic SAR (0,02-0,02-0,2): 3,214.83
Elder Ray (13): 11.14
Super Trend (3,10): 3,136.29
Zig ZAG (10): 3,193.86
VORTEX (21): 1.0600
Stochastique (14,3,5): 53.15
TEMA (21): 3,180.70
Williams %R (14): -32.26
Chande Momentum Oscillator (20): -0.27
Repulse (5,40,3): 1.0100
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 1.06
MA7: 3,149.76
MA20: 3,151.03
MA50: 3,176.17
MA100: 3,176.02
MAexp7: 3,173.75
MAexp20: 3,168.63
MAexp50: 3,153.23
MAexp100: 3,149.59
Price / MA7: +1.52%
Price / MA20: +1.48%
Price / MA50: +0.67%
Price / MA100: +0.68%
Price / MAexp7: +0.75%
Price / MAexp20: +0.91%
Price / MAexp50: +1.41%
Price / MAexp100: +1.52%

Quotes : 2020-12-01 16:58:54 - 15 min delayed data - NASDAQ Stocks

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

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