AMAZON.COM INC. - Daily - Technical analysis published on 08/13/2021 (GMT)
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- Timeframe : Daily
- - 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
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 3,471.31 USD
My targets
3,220.08 USD (-2.16%)
3,105.08 USD (-5.65%)
My analysis
AMAZON.COM INC. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 3,471.31 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 3,220.08 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 3,105.08 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 3,030.33 USD. Beware of a possible return to above the resistance located at 3,471.31 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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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 3,291.19 USD. The price is lower by -0.37% since the last closing and was between 3,286.00 USD and 3,306.06 USD. This implies that the price is at +0.16% from its lowest and at -0.45% from its highest.3,286.00
3,306.06
3,291.19
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AMAZON.COM INC. chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of triangle
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,030.33 | 3,105.08 | 3,220.08 | 3,291.19 | 3,325.61 | 3,471.31 | 3,531.45 |
| Change (%) | -7.93% | -5.65% | -2.16% | - | +1.05% | +5.47% | +7.30% |
| Change | -260.86 | -186.11 | -71.11 | - | +34.42 | +180.12 | +240.26 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,232.44 | 3,251.05 | 3,277.28 | 3,295.89 | 3,322.12 | 3,340.73 | 3,366.96 |
| Camarilla | 3,291.17 | 3,295.28 | 3,299.39 | 3,303.50 | 3,307.61 | 3,311.72 | 3,315.83 |
| Woodie | 3,236.24 | 3,252.96 | 3,281.08 | 3,297.80 | 3,325.92 | 3,342.64 | 3,370.76 |
| Fibonacci | 3,251.05 | 3,268.18 | 3,278.76 | 3,295.89 | 3,313.02 | 3,323.60 | 3,340.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,208.24 | 3,254.01 | 3,299.47 | 3,345.24 | 3,390.70 | 3,436.47 | 3,481.93 |
| Camarilla | 3,319.85 | 3,328.22 | 3,336.58 | 3,344.94 | 3,353.30 | 3,361.67 | 3,370.03 |
| Woodie | 3,208.10 | 3,253.93 | 3,299.33 | 3,345.16 | 3,390.56 | 3,436.39 | 3,481.79 |
| Fibonacci | 3,254.01 | 3,288.86 | 3,310.39 | 3,345.24 | 3,380.09 | 3,401.62 | 3,436.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,699.25 | 3,003.12 | 3,165.35 | 3,469.22 | 3,631.45 | 3,935.32 | 4,097.55 |
| Camarilla | 3,199.41 | 3,242.14 | 3,284.86 | 3,327.59 | 3,370.32 | 3,413.04 | 3,455.77 |
| Woodie | 2,628.44 | 2,967.71 | 3,094.54 | 3,433.81 | 3,560.64 | 3,899.91 | 4,026.74 |
| Fibonacci | 3,003.12 | 3,181.17 | 3,291.17 | 3,469.22 | 3,647.27 | 3,757.27 | 3,935.32 |
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): | 33.36 | |
| MACD (12,26,9): | -65.2200 | |
| Directional Movement: | -18.84 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 3,347.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,462.63 | |
| Elder Ray (13): | -80.73 | |
| Super Trend (3,10): | 3,476.97 | |
| Zig ZAG (10): | 3,288.72 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 5.23 | |
| TEMA (21): | 3,268.62 | |
| Williams %R (14): | -95.16 | |
| Chande Momentum Oscillator (20): | -339.91 | |
| Repulse (5,40,3): | -1.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 16.86 |
| MA7: | 3,324.36 | |
| MA20: | 3,460.48 | |
| MA50: | 3,474.18 | |
| MA100: | 3,370.80 | |
| MAexp7: | 3,327.30 | |
| MAexp20: | 3,416.55 | |
| MAexp50: | 3,437.39 | |
| MAexp100: | 3,385.22 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | -4.89% | |
| Price / MA50: | -5.27% | |
| Price / MA100: | -2.36% | |
| Price / MAexp7: | -1.09% | |
| Price / MAexp20: | -3.67% | |
| Price / MAexp50: | -4.26% | |
| Price / MAexp100: | -2.78% |
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 On Pace to Buy Over $120 Billion of Supplies and Services from Businesses in the U.S. in 2021
-
Amazon will pay $1000 in damages to customers
- Amazon Announces New Robotics Fulfillment Center Plus Five New Delivery Stations in Florida, Bringing Total State Investment to Over $18 Billion
- Simply Business Offers Insurance to Third-Party Sellers Through Amazon Insurance Accelerator
- Amazon Air Launches State-of-the-Art Air Cargo Hub in Northern Kentucky, Creating More Than 2,000 Jobs
This member declared not having a position on this financial instrument or a related financial instrument.
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