AMAZON.COM INC. - Daily - Technical analysis published on 11/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 102.03 USD
My targets
92.40 USD (-1.43%)
84.12 USD (-10.26%)
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 102.03 USD. The sellers' bearish objective is set at 92.40 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 35.33 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMAZON.COM INC. rating is 93.74 USD. The price is lower by -0.41% since the last closing with the lowest point at 93.07 USD and the highest point at 94.43 USD. The deviation from the price is +0.72% for the low point and -0.73% for the high point.93.07
94.43
93.74
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of AMAZON.COM INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.40 | 35.33 | 84.12 | 93.74 | 102.03 | 120.84 | 147.60 |
| Change (%) | -85.71% | -62.31% | -10.26% | - | +8.84% | +28.91% | +57.46% |
| Change | -80.34 | -58.41 | -9.62 | - | +8.29 | +27.10 | +53.86 |
| Level | Minor | Minor | Major | - | 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 | 91.36 | 92.10 | 93.11 | 93.85 | 94.86 | 95.60 | 96.61 |
| Camarilla | 93.65 | 93.81 | 93.97 | 94.13 | 94.29 | 94.45 | 94.61 |
| Woodie | 91.51 | 92.17 | 93.26 | 93.92 | 95.01 | 95.67 | 96.76 |
| Fibonacci | 92.10 | 92.77 | 93.18 | 93.85 | 94.52 | 94.93 | 95.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.51 | 85.49 | 89.82 | 96.80 | 101.13 | 108.11 | 112.44 |
| Camarilla | 91.03 | 92.07 | 93.10 | 94.14 | 95.18 | 96.21 | 97.25 |
| Woodie | 77.18 | 84.83 | 88.49 | 96.14 | 99.80 | 107.45 | 111.11 |
| Fibonacci | 85.49 | 89.81 | 92.48 | 96.80 | 101.12 | 103.79 | 108.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.06 | 82.36 | 92.40 | 107.70 | 117.74 | 133.04 | 143.08 |
| Camarilla | 95.47 | 97.79 | 100.12 | 102.44 | 104.76 | 107.09 | 109.41 |
| Woodie | 64.43 | 81.05 | 89.77 | 106.39 | 115.11 | 131.73 | 140.45 |
| Fibonacci | 82.36 | 92.04 | 98.02 | 107.70 | 117.38 | 123.36 | 133.04 |
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): | 40.81 | |
| MACD (12,26,9): | -4.2400 | |
| Directional Movement: | -9.72 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 91.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.23 | |
| Elder Ray (13): | -1.76 | |
| Super Trend (3,10): | 102.87 | |
| Zig ZAG (10): | 94.23 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 44.64 | |
| TEMA (21): | 91.87 | |
| Williams %R (14): | -53.08 | |
| Chande Momentum Oscillator (20): | 4.32 | |
| Repulse (5,40,3): | 1.7300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7000 | |
| Courbe Coppock: | 0.34 |
| MA7: | 94.31 | |
| MA20: | 94.84 | |
| MA50: | 107.80 | |
| MA100: | 118.47 | |
| MAexp7: | 94.39 | |
| MAexp20: | 97.57 | |
| MAexp50: | 106.10 | |
| MAexp100: | 114.37 | |
| Price / MA7: | -0.60% | |
| Price / MA20: | -1.16% | |
| Price / MA50: | -13.04% | |
| Price / MA100: | -20.87% | |
| Price / MAexp7: | -0.69% | |
| Price / MAexp20: | -3.93% | |
| Price / MAexp50: | -11.65% | |
| Price / MAexp100: | -18.04% |
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:
- AWS Launches Second Infrastructure Region in India
- Unwrap More Deals Than Ever Before During Amazon’s Cyber Monday Weekend Event
-
The Daily Climate Show: Amazon in danger
- Peloton Expands Relationship with Amazon in the UK and Germany
- AWS Launches Infrastructure Region in Spain
This member declared not having a position on this financial instrument or a related financial instrument.
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