AMAZON.COM INC. - 1H - Technical analysis published on 06/03/2021 (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
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 3,220.32 USD
My targets
3,101.64 USD (-3.03%)
3,004.48 USD (-6.07%)
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 3,220.32 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 3,004.48 USD. In case of crossing, the next objective would be the support located at 2,952.94 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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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. price is 3,198.72 USD. On the day, this instrument lost -1.09% and was between 3,185.41 USD and 3,214.44 USD. This implies that the price is at +0.42% from its lowest and at -0.49% from its highest.3,185.41
3,214.44
3,198.72
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AMAZON.COM INC. in 1H shows an overall 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,952.94 | 3,004.48 | 3,101.64 | 3,198.72 | 3,220.32 | 3,265.71 | 3,323.51 |
| Change (%) | -7.68% | -6.07% | -3.03% | - | +0.68% | +2.09% | +3.90% |
| Change | -245.78 | -194.24 | -97.08 | - | +21.60 | +66.99 | +124.79 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Major |
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 | 3,189.33 | 3,198.66 | 3,216.33 | 3,225.66 | 3,243.33 | 3,252.66 | 3,270.33 |
| Camarilla | 3,226.57 | 3,229.04 | 3,231.52 | 3,233.99 | 3,236.47 | 3,238.94 | 3,241.42 |
| Woodie | 3,193.49 | 3,200.75 | 3,220.49 | 3,227.75 | 3,247.49 | 3,254.75 | 3,274.49 |
| Fibonacci | 3,198.66 | 3,208.98 | 3,215.35 | 3,225.66 | 3,235.98 | 3,242.35 | 3,252.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,105.24 | 3,157.87 | 3,190.47 | 3,243.10 | 3,275.70 | 3,328.33 | 3,360.93 |
| Camarilla | 3,199.63 | 3,207.45 | 3,215.26 | 3,223.07 | 3,230.88 | 3,238.70 | 3,246.51 |
| Woodie | 3,095.23 | 3,152.86 | 3,180.46 | 3,238.09 | 3,265.69 | 3,323.32 | 3,350.92 |
| Fibonacci | 3,157.87 | 3,190.43 | 3,210.54 | 3,243.10 | 3,275.66 | 3,295.77 | 3,328.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,712.13 | 2,919.75 | 3,071.41 | 3,279.03 | 3,430.69 | 3,638.31 | 3,789.97 |
| Camarilla | 3,124.27 | 3,157.20 | 3,190.14 | 3,223.07 | 3,256.00 | 3,288.94 | 3,321.87 |
| Woodie | 2,684.15 | 2,905.76 | 3,043.43 | 3,265.04 | 3,402.71 | 3,624.32 | 3,761.99 |
| Fibonacci | 2,919.75 | 3,057.00 | 3,141.79 | 3,279.03 | 3,416.28 | 3,501.07 | 3,638.31 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.99 | |
| MACD (12,26,9): | -8.9300 | |
| Directional Movement: | -11.24 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 3,208.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,231.11 | |
| Elder Ray (13): | -13.82 | |
| Super Trend (3,10): | 3,250.62 | |
| Zig ZAG (10): | 3,199.02 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 34.92 | |
| TEMA (21): | 3,203.23 | |
| Williams %R (14): | -68.33 | |
| Chande Momentum Oscillator (20): | -23.02 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.92 |
| MA7: | 3,233.10 | |
| MA20: | 3,230.40 | |
| MA50: | 3,267.66 | |
| MA100: | 3,224.69 | |
| MAexp7: | 3,209.29 | |
| MAexp20: | 3,221.68 | |
| MAexp50: | 3,232.03 | |
| MAexp100: | 3,243.91 | |
| Price / MA7: | -1.06% | |
| Price / MA20: | -0.98% | |
| Price / MA50: | -2.11% | |
| Price / MA100: | -0.81% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.71% | |
| Price / MAexp50: | -1.03% | |
| Price / MAexp100: | -1.39% |
Quotes :
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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:
- Amazon Announces The Prime Day Show Featuring Groundbreaking Artists Billie Eilish, H.E.R., And Kid Cudi In A Three-Part Musical Event For Fans Around The World
- Amazon Literary Partnership Announces 2021 Grant Recipients
- Amazon Launches New Program to Support Americans Displaced from the Job Market Return to the Workforce
- NEXE's XOMA Superfoods Beverages Now Available on Amazon
- Amazon Ranked No. 1 Investor in America
This member declared not having a position on this financial instrument or a related financial instrument.
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