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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 04/06/2021 (GMT)

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  • Timeframe : 1H
  • - 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: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 3,200.00 USD
My targets
3,323.51 USD (+3.01%)
3,443.63 USD (+6.74%)
My analysis
AMAZON.COM INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3,200.00 USD. The next resistance located at 3,323.51 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3,443.63 USD. After this resistance, buyers could then target 3,531.45 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8

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

The AMAZON.COM INC. price is 3,226.26 USD. On the day, this instrument lost -0.02% and was traded between 3,217.51 USD and 3,247.31 USD over the period. The price is currently at +0.27% from its lowest and -0.65% from its highest.

3,217.51
3,247.31
3,226.26

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AMAZON.COM INC.:

Technical


Technical analysis of this 1H chart of AMAZON.COM INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3,101.64 3,130.82 3,200.00 3,226.26 3,323.51 3,443.63 3,531.45
Change (%) -3.86% -2.96% -0.81% - +3.01% +6.74% +9.46%
Change -124.62 -95.44 -26.26 - +97.25 +217.37 +305.19
Level Intermediate Intermediate Major - Intermediate Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,105.273,133.263,179.993,207.983,254.713,282.703,329.43
Camarilla3,206.183,213.033,219.883,226.733,233.583,240.433,247.28
Woodie3,114.653,137.953,189.373,212.673,264.093,287.393,338.81
Fibonacci3,133.263,161.803,179.433,207.983,236.523,254.153,282.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,938.162,983.313,072.153,117.303,206.143,251.293,340.13
Camarilla3,124.153,136.443,148.723,161.003,173.283,185.573,197.85
Woodie2,960.022,994.233,094.013,128.223,228.003,262.213,361.99
Fibonacci2,983.313,034.493,066.113,117.303,168.483,200.103,251.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,621.722,751.362,922.723,052.363,223.723,353.363,524.72
Camarilla3,011.313,038.903,066.493,094.083,121.673,149.263,176.86
Woodie2,642.582,761.792,943.583,062.793,244.583,363.793,545.58
Fibonacci2,751.362,866.342,937.383,052.363,167.343,238.383,353.36

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): 65.60
MACD (12,26,9): 36.1200
Directional Movement: 21.23
AROON (14): 78.57
DEMA (21): 3,238.83
Parabolic SAR (0,02-0,02-0,2): 3,247.31
Elder Ray (13): 14.52
Super Trend (3,10): 3,182.18
Zig ZAG (10): 3,219.68
VORTEX (21): 1.2400
Stochastique (14,3,5): 86.02
TEMA (21): 3,254.22
Williams %R (14): -23.14
Chande Momentum Oscillator (20): 59.72
Repulse (5,40,3): -0.3000
ROCnROLL: 1
TRIX (15,9): 0.1700
Courbe Coppock: 5.98
MA7: 3,126.97
MA20: 3,100.33
MA50: 3,169.85
MA100: 3,171.10
MAexp7: 3,226.78
MAexp20: 3,191.74
MAexp50: 3,143.83
MAexp100: 3,119.53
Price / MA7: +3.18%
Price / MA20: +4.06%
Price / MA50: +1.78%
Price / MA100: +1.74%
Price / MAexp7: -0.02%
Price / MAexp20: +1.08%
Price / MAexp50: +2.62%
Price / MAexp100: +3.42%

Quotes : 2021-04-06 17:40:14 - 15 min delayed data - NASDAQ Stocks

News


Don"t forget to follow the news on AMAZON.COM INC.. At the time of publication of this analysis, the latest news was as follows:

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

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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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