AMAZON.COM INC. - 1H - Technical analysis published on 09/22/2021 (GMT)
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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:
Bearish
Underlying:
Strongly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 3,436.75 USD
My targets
3,305.45 USD (-2.00%)
3,187.50 USD (-5.49%)
My analysis
The bearish basic trend is very strong on AMAZON.COM INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 3,436.75 USD. Crossing the first support at 3,305.45 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 3,187.50 USD as an objective. Crossing it would then enable sellers to target 3,105.97 USD. Caution, a return to above the resistance located at 3,436.75 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.4
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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. rating is 3,372.76 USD. The price registered an increase of +0.87% on the session and was traded between 3,341.05 USD and 3,375.00 USD over the period. The price is currently at +0.95% from its lowest and -0.07% from its highest.3,341.05
3,375.00
3,372.76
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 1H of this AMAZON.COM INC. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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 Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,105.97 | 3,187.50 | 3,305.45 | 3,372.76 | 3,379.55 | 3,436.75 | 3,497.06 |
| Change (%) | -7.91% | -5.49% | -2.00% | - | +0.20% | +1.90% | +3.69% |
| Change | -266.79 | -185.26 | -67.31 | - | +6.79 | +63.99 | +124.30 |
| Level | Minor | Major | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,276.80 | 3,304.60 | 3,324.11 | 3,351.91 | 3,371.42 | 3,399.22 | 3,418.73 |
| Camarilla | 3,330.62 | 3,334.96 | 3,339.29 | 3,343.63 | 3,347.97 | 3,352.30 | 3,356.64 |
| Woodie | 3,272.67 | 3,302.53 | 3,319.98 | 3,349.84 | 3,367.29 | 3,397.15 | 3,414.60 |
| Fibonacci | 3,304.60 | 3,322.67 | 3,333.83 | 3,351.91 | 3,369.98 | 3,381.14 | 3,399.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,314.42 | 3,358.21 | 3,410.37 | 3,454.16 | 3,506.32 | 3,550.11 | 3,602.27 |
| Camarilla | 3,436.13 | 3,444.93 | 3,453.73 | 3,462.52 | 3,471.32 | 3,480.11 | 3,488.91 |
| Woodie | 3,318.60 | 3,360.30 | 3,414.55 | 3,456.25 | 3,510.50 | 3,552.20 | 3,606.45 |
| Fibonacci | 3,358.21 | 3,394.87 | 3,417.51 | 3,454.16 | 3,490.82 | 3,513.46 | 3,550.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,976.69 | 3,076.22 | 3,273.51 | 3,373.04 | 3,570.33 | 3,669.86 | 3,867.15 |
| Camarilla | 3,389.17 | 3,416.37 | 3,443.58 | 3,470.79 | 3,498.00 | 3,525.21 | 3,552.42 |
| Woodie | 3,025.56 | 3,100.66 | 3,322.38 | 3,397.48 | 3,619.20 | 3,694.30 | 3,916.02 |
| Fibonacci | 3,076.22 | 3,189.61 | 3,259.66 | 3,373.04 | 3,486.43 | 3,556.48 | 3,669.86 |
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): | 45.25 | |
| MACD (12,26,9): | -22.4900 | |
| Directional Movement: | -8.37 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 3,344.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,322.39 | |
| Elder Ray (13): | 4.39 | |
| Super Trend (3,10): | 3,394.66 | |
| Zig ZAG (10): | 3,372.54 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 75.36 | |
| TEMA (21): | 3,340.13 | |
| Williams %R (14): | -12.51 | |
| Chande Momentum Oscillator (20): | 31.79 | |
| Repulse (5,40,3): | 0.3600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 1.98 |
| MA7: | 3,420.76 | |
| MA20: | 3,433.30 | |
| MA50: | 3,429.34 | |
| MA100: | 3,396.46 | |
| MAexp7: | 3,358.94 | |
| MAexp20: | 3,375.46 | |
| MAexp50: | 3,411.58 | |
| MAexp100: | 3,421.10 | |
| Price / MA7: | -1.40% | |
| Price / MA20: | -1.76% | |
| Price / MA50: | -1.65% | |
| Price / MA100: | -0.70% | |
| Price / MAexp7: | +0.41% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -1.14% | |
| Price / MAexp100: | -1.41% |
Quotes :
-
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:
-
“The Buzz'' Show: Helbiz Inc. (NASDAQ: HLBZ) Announces Partnership with Amazon
- Amazon Introduces Kindle Paperwhite Kids, Providing Distraction-Free Reading Time for Kids to Explore Thousands of New and Classic Titles
- Amazon Unveils the Next Generation Kindle Paperwhite and New Kindle Paperwhite Signature Edition
- Helbiz Media Announces Partnership with Amazon
- Amazon and Lendistry Launch Amazon Community Lending Pilot Program to Fuel Growth for Small and Medium-sized Businesses
This member declared not having a position on this financial instrument or a related financial instrument.
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