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. - Daily - Technical analysis published on 06/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 115.90 USD

My targets

90.94 USD (-11.12%)

84.12 USD (-17.78%)

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 115.90 USD. The sellers' bearish objective is set at 90.94 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 84.12 USD. In case of crossing, the next objective would be the support located at 67.20 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.1

Comment on the analysis

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.

This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AMAZON.COM INC. rating 102.31 USD. On the day, this instrument lost -1.31% with the lowest point at 101.43 USD and the highest point at 104.88 USD. The deviation from the price is +0.87% for the low point and -2.45% for the high point.

101.43

104.88

102.31

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AMAZON.COM INC.:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of AMAZON.COM INC. in Daily 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 market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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 : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	67.20	84.12	101.67	102.31	136.01	147.60	169.21
Change (%)	-34.32%	-17.78%	-0.63%	-	+32.94%	+44.27%	+65.39%
Change	-35.11	-18.19	-0.64	-	+33.70	+45.29	+66.90
Level	Minor	Major	Major	-	Intermediate	Intermediate	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	97.42	99.42	100.87	102.87	104.32	106.32	107.77
Camarilla	101.36	101.68	101.99	102.31	102.63	102.94	103.26
Woodie	97.14	99.28	100.59	102.73	104.04	106.18	107.49
Fibonacci	99.42	100.74	101.56	102.87	104.19	105.01	106.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.86	95.96	102.80	115.90	122.74	135.84	142.68
Camarilla	104.17	105.99	107.82	109.65	111.48	113.31	115.13
Woodie	79.74	94.40	99.68	114.34	119.62	134.28	139.56
Fibonacci	95.96	103.57	108.28	115.90	123.51	128.22	135.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.61	90.94	105.57	115.90	130.53	140.86	155.49
Camarilla	113.35	115.63	117.92	120.21	122.50	124.79	127.07
Woodie	82.77	92.02	107.73	116.98	132.69	141.94	157.65
Fibonacci	90.94	100.47	106.36	115.90	125.43	131.32	140.86

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):	33.48
MACD (12,26,9):	-3.8900
Directional Movement:	-19.85
AROON (14):	57.14
DEMA (21):	109.68
Parabolic SAR (0,02-0,02-0,2):	127.52
Elder Ray (13):	-10.32
Super Trend (3,10):	119.64
Zig ZAG (10):	102.31
VORTEX (21):	0.8700
Stochastique (14,3,5):	14.05
TEMA (21):	111.66
Williams %R (14):	-96.81
Chande Momentum Oscillator (20):	-8.77
Repulse (5,40,3):	-6.8900
ROCnROLL:	2
TRIX (15,9):	-0.4200
Courbe Coppock:	8.62

MA7:	114.39
MA20:	113.63
MA50:	127.90
MA100:	140.28
MAexp7:	110.97
MAexp20:	115.25
MAexp50:	125.11
MAexp100:	136.90
Price / MA7:	-10.56%
Price / MA20:	-9.96%
Price / MA50:	-20.01%
Price / MA100:	-27.07%
Price / MAexp7:	-7.80%
Price / MAexp20:	-11.23%
Price / MAexp50:	-18.22%
Price / MAexp100:	-25.27%

Quotes : - 15 min delayed data - 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:

This member declared not having a position on this financial instrument or a related financial instrument.

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