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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 05/10/2021 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 3,323.51 USD
My targets
3,101.64 USD (-3.80%)
3,034.00 USD (-5.90%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AMAZON.COM INC. as long as the price remains well below 3,323.51 USD. The sellers' bearish objective is set at 3,101.64 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3,034.00 USD. In case of crossing, the next objective would be the support located at 2,952.94 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
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.

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 3,224.29 USD. On the day, this instrument lost -2.05% and was traded between 3,207.02 USD and 3,283.00 USD over the period. The price is currently at +0.54% from its lowest and -1.79% from its highest.

3,207.02
3,283.00
3,224.29

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


Technical analysis of AMAZON.COM INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3,034.00 3,101.64 3,221.65 3,224.29 3,323.51 3,380.00 3,443.63
Change (%) -5.90% -3.80% -0.08% - +3.08% +4.83% +6.80%
Change -190.29 -122.65 -2.64 - +99.22 +155.71 +219.34
Level Minor Major Intermediate - Major Intermediate 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
Standard3,235.003,262.043,276.823,303.863,318.643,345.683,360.46
Camarilla3,280.113,283.943,287.783,291.613,295.443,299.283,303.11
Woodie3,228.883,258.983,270.703,300.803,312.523,342.623,354.34
Fibonacci3,262.043,278.013,287.883,303.863,319.833,329.703,345.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,957.543,102.373,196.993,341.823,436.443,581.273,675.89
Camarilla3,225.763,247.713,269.663,291.613,313.563,335.513,357.46
Woodie2,932.443,089.823,171.893,329.273,411.343,568.723,650.79
Fibonacci3,102.373,193.843,250.353,341.823,433.293,489.803,581.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,765.532,940.543,203.983,378.993,642.433,817.444,080.88
Camarilla3,346.853,387.043,427.233,467.423,507.613,547.803,587.99
Woodie2,809.752,962.653,248.203,401.103,686.653,839.554,125.10
Fibonacci2,940.543,108.033,211.503,378.993,546.483,649.953,817.44

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 29.05
MACD (12,26,9): -25.5000
Directional Movement: -22.40
AROON (14): -50.00
DEMA (21): 3,252.05
Parabolic SAR (0,02-0,02-0,2): 3,324.30
Elder Ray (13): -56.02
Super Trend (3,10): 3,299.10
Zig ZAG (10): 3,219.57
VORTEX (21): 0.8400
Stochastique (14,3,5): 7.19
TEMA (21): 3,250.38
Williams %R (14): -87.93
Chande Momentum Oscillator (20): -62.21
Repulse (5,40,3): -1.2200
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 1.30
MA7: 3,322.58
MA20: 3,362.16
MA50: 3,215.05
MA100: 3,223.29
MAexp7: 3,248.61
MAexp20: 3,285.55
MAexp50: 3,327.09
MAexp100: 3,342.97
Price / MA7: -2.96%
Price / MA20: -4.10%
Price / MA50: +0.29%
Price / MA100: +0.03%
Price / MAexp7: -0.75%
Price / MAexp20: -1.86%
Price / MAexp50: -3.09%
Price / MAexp100: -3.55%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on AMAZON.COM INC. at the time of the analysis were 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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