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. - Weekly - Technical analysis published on 11/06/2023 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 125.51 USD

My targets

147.60 USD (+5.50%)

159.50 USD (+14.01%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMAZON.COM INC. as long as the price remains well above 125.51 USD. The buyers' bullish objective is set at 147.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 159.50 USD. If there is any crossing, the next objective would be the resistance located at 176.54 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.4

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 Robyjanit. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AMAZON.COM INC. price is 139.90 USD. The price is up +5.42% over 5 days and was traded between 136.47 USD and 140.73 USD over the period. The price is currently at +2.51% from its lowest point and -0.59% from its highest point.

136.47

140.73

139.90

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this AMAZON.COM INC. chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Weekly

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Weekly

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 doji star

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	112.91	125.51	136.01	139.90	147.60	159.50	176.54
Change (%)	-19.29%	-10.29%	-2.78%	-	+5.50%	+14.01%	+26.19%
Change	-26.99	-14.39	-3.89	-	+7.70	+19.60	+36.64
Level	Major	Major	Major	-	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	135.50	136.47	137.54	138.51	139.58	140.55	141.62
Camarilla	138.04	138.23	138.41	138.60	138.79	138.97	139.16
Woodie	135.54	136.50	137.58	138.54	139.62	140.58	141.66
Fibonacci	136.47	137.25	137.73	138.51	139.29	139.77	140.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	121.10	124.95	131.78	135.63	142.46	146.31	153.14
Camarilla	135.66	136.64	137.62	138.60	139.58	140.56	141.54
Woodie	122.58	125.70	133.26	136.38	143.94	147.06	154.62
Fibonacci	124.95	129.03	131.55	135.63	139.71	142.23	146.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	106.67	112.51	122.80	128.64	138.93	144.77	155.06
Camarilla	128.65	130.13	131.61	133.09	134.57	136.05	137.53
Woodie	108.90	113.62	125.03	129.75	141.16	145.88	157.29
Fibonacci	112.51	118.67	122.48	128.64	134.80	138.61	144.77

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):	62.55
MACD (12,26,9):	4.3100
Directional Movement:	9.17
AROON (14):	-42.85
DEMA (21):	136.56
Parabolic SAR (0,02-0,02-0,2):	118.35
Elder Ray (13):	7.25
Super Trend (3,10):	119.13
Zig ZAG (10):	139.76
VORTEX (21):	1.0800
Stochastique (14,3,5):	61.98
TEMA (21):	136.53
Williams %R (14):	-21.74
Chande Momentum Oscillator (20):	6.67
Repulse (5,40,3):	6.5700
ROCnROLL:	1
TRIX (15,9):	0.6700
Courbe Coppock:	1.01

MA7:	135.29
MA20:	130.62
MA50:	132.51
MA100:	132.24
MAexp7:	133.63
MAexp20:	130.21
MAexp50:	124.00
MAexp100:	124.92
Price / MA7:	+3.41%
Price / MA20:	+7.10%
Price / MA50:	+5.58%
Price / MA100:	+5.79%
Price / MAexp7:	+4.69%
Price / MAexp20:	+7.44%
Price / MAexp50:	+12.82%
Price / MAexp100:	+11.99%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on AMAZON.COM INC. at the time of the generation of this analysis was as follows:

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

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