AMAZON.COM INC. - Daily - Technical analysis published on 12/27/2021 (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
22%
33%
44%
My opinion
Bearish under 3,470.51 USD
My targets
3,311.51 USD (-2.47%)
3,189.94 USD (-6.05%)
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 3,470.51 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 3,311.51 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 3,189.94 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 2,951.95 USD. Beware of a possible return to above the resistance located at 3,470.51 USD which would be a sign of a correction of the short-term bearish excesses registered.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.2
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Additional analysis
Quotes
The AMAZON.COM INC. price is 3,395.33 USD. The price is lower by -0.76% since the last closing and was between 3,388.01 USD and 3,458.86 USD. This implies that the price is at +0.22% from its lowest and at -1.84% from its highest.3,388.01
3,458.86
3,395.33
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
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 Daily shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,189.94 | 3,311.51 | 3,389.79 | 3,395.33 | 3,470.51 | 3,531.45 | 3,731.41 |
| Change (%) | -6.05% | -2.47% | -0.16% | - | +2.21% | +4.01% | +9.90% |
| Change | -205.39 | -83.82 | -5.54 | - | +75.18 | +136.12 | +336.08 |
| Level | Major | Intermediate | Intermediate | - | Major | Major | 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 | 3,366.58 | 3,384.79 | 3,403.08 | 3,421.29 | 3,439.58 | 3,457.79 | 3,476.08 |
| Camarilla | 3,411.33 | 3,414.68 | 3,418.02 | 3,421.37 | 3,424.72 | 3,428.06 | 3,431.41 |
| Woodie | 3,366.62 | 3,384.81 | 3,403.12 | 3,421.31 | 3,439.62 | 3,457.81 | 3,476.12 |
| Fibonacci | 3,384.79 | 3,398.73 | 3,407.35 | 3,421.29 | 3,435.23 | 3,443.85 | 3,457.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,212.91 | 3,262.46 | 3,341.91 | 3,391.46 | 3,470.91 | 3,520.46 | 3,599.91 |
| Camarilla | 3,385.90 | 3,397.72 | 3,409.55 | 3,421.37 | 3,433.20 | 3,445.02 | 3,456.85 |
| Woodie | 3,227.87 | 3,269.94 | 3,356.87 | 3,398.94 | 3,485.87 | 3,527.94 | 3,614.87 |
| Fibonacci | 3,262.46 | 3,311.74 | 3,342.18 | 3,391.46 | 3,440.74 | 3,471.18 | 3,520.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,794.43 | 3,038.99 | 3,273.03 | 3,517.59 | 3,751.63 | 3,996.19 | 4,230.23 |
| Camarilla | 3,375.46 | 3,419.33 | 3,463.20 | 3,507.07 | 3,550.94 | 3,594.81 | 3,638.69 |
| Woodie | 2,789.17 | 3,036.36 | 3,267.77 | 3,514.96 | 3,746.37 | 3,993.56 | 4,224.97 |
| Fibonacci | 3,038.99 | 3,221.82 | 3,334.77 | 3,517.59 | 3,700.42 | 3,813.37 | 3,996.19 |
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): | 46.07 | |
| MACD (12,26,9): | -22.2600 | |
| Directional Movement: | 0.69 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 3,409.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,316.36 | |
| Elder Ray (13): | 2.93 | |
| Super Trend (3,10): | 3,627.54 | |
| Zig ZAG (10): | 3,397.40 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 44.34 | |
| TEMA (21): | 3,381.05 | |
| Williams %R (14): | -62.18 | |
| Chande Momentum Oscillator (20): | -126.18 | |
| Repulse (5,40,3): | 0.3500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.99 |
| MA7: | 3,394.96 | |
| MA20: | 3,437.38 | |
| MA50: | 3,458.85 | |
| MA100: | 3,403.71 | |
| MAexp7: | 3,407.11 | |
| MAexp20: | 3,434.14 | |
| MAexp50: | 3,441.70 | |
| MAexp100: | 3,423.90 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | -1.22% | |
| Price / MA50: | -1.84% | |
| Price / MA100: | -0.25% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -1.13% | |
| Price / MAexp50: | -1.35% | |
| Price / MAexp100: | -0.83% |
Quotes :
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15 min delayed data
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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:
-
What It’s Like To Live In An RV And Work For Amazon During The Holidays
- Semrush Offers Free Traffic Tools Subscription to Amazon Alexa Internet Users
- Capstone Announces its Smart Mirror Program Now Available to Purchase on Amazon
-
Amazon Forced to Hold New Union Vote Without Interference
- Amazon Donates an Additional $1.5 Million to The Housing Fund in Nashville to Help Preserve Housing Affordability
This member declared not having a position on this financial instrument or a related financial instrument.
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