AMAZON.COM INC.
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 08/08/2019 (GMT)

  • Who voted?
  • 348
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • 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
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 1,963.15 USD
My targets
1,819.87 USD (-0.13%)
1,692.69 USD (-7.11%)
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 1,963.15 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 1,819.87 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1,692.69 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 1,590.11 USD. Beware of a possible return to above the resistance located at 1,963.15 USD which would be a sign of a correction of the short-term bearish excesses registered.

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AMAZON.COM INC. rating is 1,822.19 USD. On the day, this instrument gained +1.61% with the lowest point at 1,798.11 USD and the highest point at 1,822.97 USD. The deviation from the price is +1.34% for the low point and -0.04% for the high point.

1,798.11
1,822.97
1,822.19

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



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 result:

Central Records

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. 57.14% 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 market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,590.11 1,692.69 1,819.87 1,822.19 1,963.15 2,039.51
Change (%) -12.74% -7.11% -0.13% - +7.74% +11.93%
Change -232.08 -129.50 -2.32 - +140.96 +217.32
Level Minor Intermediate Minor - Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,725.361,741.181,767.291,783.111,809.221,825.041,851.15
Camarilla1,781.871,785.711,789.561,793.401,797.241,801.091,804.93
Woodie1,730.511,743.751,772.441,785.681,814.371,827.611,856.30
Fibonacci1,741.181,757.201,767.091,783.111,799.131,809.021,825.04


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,652.551,730.291,776.761,854.501,900.971,978.712,025.18
Camarilla1,789.081,800.471,811.851,823.241,834.631,846.011,857.40
Woodie1,636.931,722.471,761.141,846.681,885.351,970.892,009.56
Fibonacci1,730.291,777.741,807.051,854.501,901.951,931.261,978.71


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,612.521,730.981,798.881,917.341,985.242,103.702,171.60
Camarilla1,815.531,832.611,849.701,866.781,883.861,900.951,918.03
Woodie1,587.241,718.341,773.601,904.701,959.962,091.062,146.32
Fibonacci1,730.981,802.171,846.151,917.341,988.532,032.512,103.70

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): 37.25
MACD (12,26,9): -36.0700
Directional Movement: -19.51
AROON (14): -50.00
DEMA (21): 1,847.21
Parabolic SAR (0,02-0,02-0,2): 1,849.47
Elder Ray (13): -49.83
Super Trend (3,10): 1,893.29
Zig ZAG (10): 1,822.95
VORTEX (21): 0.7500
Stochastique (14,3,5): 20.73
TEMA (21): 1,801.97
Williams %R (14): -71.37
Chande Momentum Oscillator (20): -173.29
Repulse (5,40,3): 2.2800
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 17.20
MA7: 1,816.06
MA20: 1,919.93
MA50: 1,894.79
MA100: 1,874.86
MAexp7: 1,825.93
MAexp20: 1,882.65
MAexp50: 1,892.77
MAexp100: 1,860.07
Price / MA7: +0.34%
Price / MA20: -5.09%
Price / MA50: -3.83%
Price / MA100: -2.81%
Price / MAexp7: -0.20%
Price / MAexp20: -3.21%
Price / MAexp50: -3.73%
Price / MAexp100: -2.04%

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

About author

Online

Overall rating :
15112
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis AMAZON.COM INC. - Daily