AMAZON.COM INC. - 1H - Technical analysis published on 12/10/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 3,140.73 USD
My targets
3,065.46 USD (-1.26%)
3,019.48 USD (-2.74%)
My analysis
In the short term, we can see an acceleration in the bearish trend on AMAZON.COM INC., which is a positive signal for sellers. As long as the price remains above 3,140.73 USD, a sale could be considered. The first bearish objective is located at 3,065.46 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3,019.48 USD as an objective. Crossing it would then enable sellers to target 2,954.91 USD. If the price were to return above 3,140.73 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.1
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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 3,104.70 USD. The price has increased by +0.02% since the last closing and was between 3,076.00 USD and 3,142.10 USD. This implies that the price is at +0.93% from its lowest and at -1.19% from its highest.3,076.00
3,142.10
3,104.70
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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 bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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 bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
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 | 3,098.70 | 3,104.70 | 3,140.73 | 3,200.00 | 3,248.95 |
| Change (%) | -2.74% | -1.26% | -0.19% | - | +1.16% | +3.07% | +4.65% |
| Change | -85.22 | -39.24 | -6.00 | - | +36.03 | +95.30 | +144.25 |
| Level | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 2,983.56 | 3,035.78 | 3,069.99 | 3,122.21 | 3,156.42 | 3,208.64 | 3,242.85 |
| Camarilla | 3,080.43 | 3,088.35 | 3,096.28 | 3,104.20 | 3,112.12 | 3,120.05 | 3,127.97 |
| Woodie | 2,974.56 | 3,031.28 | 3,060.99 | 3,117.71 | 3,147.42 | 3,204.14 | 3,233.85 |
| Fibonacci | 3,035.78 | 3,068.80 | 3,089.19 | 3,122.21 | 3,155.23 | 3,175.62 | 3,208.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,985.70 | 3,055.63 | 3,109.10 | 3,179.03 | 3,232.50 | 3,302.43 | 3,355.90 |
| Camarilla | 3,128.65 | 3,139.96 | 3,151.27 | 3,162.58 | 3,173.89 | 3,185.20 | 3,196.52 |
| Woodie | 2,977.48 | 3,051.52 | 3,100.88 | 3,174.92 | 3,224.28 | 3,298.32 | 3,347.68 |
| Fibonacci | 3,055.63 | 3,102.77 | 3,131.89 | 3,179.03 | 3,226.17 | 3,255.29 | 3,302.43 |
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): | 37.37 | |
| MACD (12,26,9): | -15.1400 | |
| Directional Movement: | -10.37 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 3,116.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,150.10 | |
| Elder Ray (13): | -16.37 | |
| Super Trend (3,10): | 3,164.23 | |
| Zig ZAG (10): | 3,110.00 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 40.32 | |
| TEMA (21): | 3,110.80 | |
| Williams %R (14): | -68.68 | |
| Chande Momentum Oscillator (20): | -67.79 | |
| Repulse (5,40,3): | -0.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.13 |
| MA7: | 3,156.99 | |
| MA20: | 3,145.59 | |
| MA50: | 3,184.58 | |
| MA100: | 3,182.41 | |
| MAexp7: | 3,118.91 | |
| MAexp20: | 3,136.09 | |
| MAexp50: | 3,153.08 | |
| MAexp100: | 3,156.57 | |
| Price / MA7: | -1.66% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -2.51% | |
| Price / MA100: | -2.44% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | -1.00% | |
| Price / MAexp50: | -1.53% | |
| Price / MAexp100: | -1.64% |
Quotes :
2020-12-10 17:46:51
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on AMAZON.COM INC. at the time of the analysis were as follows:
- Nationwide Selects AWS as Its Preferred Cloud Provider to Deliver Digital Experiences to Customers
- ENGIE announces 650 MW of renewable energy offtake contracts with Amazon
- Quantum ActiveScale Automatically Meets Strong Consistency Requirements for Amazon S3 Compatibility
- Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy, Advancing its Climate Pledge Commitment to be Net-zero Carbon by 2040
- AWS and Arm Demonstrate Production-Scale Electronic Design Automation in the Cloud
This member declared not having a position on this financial instrument or a related financial instrument.
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