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
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
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:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 3,016.76 | 3,071.15 | 3,119.60 | 3,173.99 | 3,222.44 | 3,276.83 | 3,325.28 |
Camarilla | 3,139.76 | 3,149.19 | 3,158.61 | 3,168.04 | 3,177.47 | 3,186.89 | 3,196.32 |
Woodie | 3,013.78 | 3,069.67 | 3,116.62 | 3,172.51 | 3,219.46 | 3,275.35 | 3,322.30 |
Fibonacci | 3,071.15 | 3,110.44 | 3,134.71 | 3,173.99 | 3,213.28 | 3,237.55 | 3,276.83 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,951.07 | 3,008.27 | 3,101.80 | 3,159.00 | 3,252.53 | 3,309.73 | 3,403.26 |
Camarilla | 3,153.89 | 3,167.71 | 3,181.52 | 3,195.34 | 3,209.16 | 3,222.97 | 3,236.79 |
Woodie | 2,969.25 | 3,017.35 | 3,119.98 | 3,168.08 | 3,270.71 | 3,318.81 | 3,421.44 |
Fibonacci | 3,008.27 | 3,065.85 | 3,101.42 | 3,159.00 | 3,216.58 | 3,252.15 | 3,309.73 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,539.83 | 2,744.97 | 2,956.51 | 3,161.65 | 3,373.19 | 3,578.33 | 3,789.87 |
Camarilla | 3,053.45 | 3,091.65 | 3,129.84 | 3,168.04 | 3,206.24 | 3,244.43 | 3,282.63 |
Woodie | 2,543.02 | 2,746.57 | 2,959.70 | 3,163.25 | 3,376.38 | 3,579.93 | 3,793.06 |
Fibonacci | 2,744.97 | 2,904.15 | 3,002.48 | 3,161.65 | 3,320.83 | 3,419.16 | 3,578.33 |
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
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15 min delayed data
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NASDAQ Stocks
News
The last news published on AMAZON.COM INC. at the time of the generation of this analysis was as follows:
- AWS Announces Multiple New Compute Innovations, Including Five New Instance Types for Amazon EC2, Two New AWS Outposts SKUs, and Three New AWS Local Zones Locations Across the US
- Boom Supersonic Goes All-In on AWS
- Amazon deforestation at highest level in 12 years, new data reveals
- AWS Announces Mac Instances for Amazon EC2
- AWS and Zoom Extend Strategic Relationship
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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