AMAZON.COM INC. - Daily - Technical analysis published on 08/08/2019 (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
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:
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.
Opening Gap UP
Type : Bullish
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. 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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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:
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:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 1,725.36 | 1,741.18 | 1,767.29 | 1,783.11 | 1,809.22 | 1,825.04 | 1,851.15 |
Camarilla | 1,781.87 | 1,785.71 | 1,789.56 | 1,793.40 | 1,797.24 | 1,801.09 | 1,804.93 |
Woodie | 1,730.51 | 1,743.75 | 1,772.44 | 1,785.68 | 1,814.37 | 1,827.61 | 1,856.30 |
Fibonacci | 1,741.18 | 1,757.20 | 1,767.09 | 1,783.11 | 1,799.13 | 1,809.02 | 1,825.04 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,652.55 | 1,730.29 | 1,776.76 | 1,854.50 | 1,900.97 | 1,978.71 | 2,025.18 |
Camarilla | 1,789.08 | 1,800.47 | 1,811.85 | 1,823.24 | 1,834.63 | 1,846.01 | 1,857.40 |
Woodie | 1,636.93 | 1,722.47 | 1,761.14 | 1,846.68 | 1,885.35 | 1,970.89 | 2,009.56 |
Fibonacci | 1,730.29 | 1,777.74 | 1,807.05 | 1,854.50 | 1,901.95 | 1,931.26 | 1,978.71 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,612.52 | 1,730.98 | 1,798.88 | 1,917.34 | 1,985.24 | 2,103.70 | 2,171.60 |
Camarilla | 1,815.53 | 1,832.61 | 1,849.70 | 1,866.78 | 1,883.86 | 1,900.95 | 1,918.03 |
Woodie | 1,587.24 | 1,718.34 | 1,773.60 | 1,904.70 | 1,959.96 | 2,091.06 | 2,146.32 |
Fibonacci | 1,730.98 | 1,802.17 | 1,846.15 | 1,917.34 | 1,988.53 | 2,032.51 | 2,103.70 |
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% |
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:
- Amazon's delivery robots popping up around the US
- Threat to the Amazon rainforest l A New Climate
- Lawsuit Filed Against eCommerce Giant Amazon Logistics - Hubper Group Companies and their affiliates claims Poaching Employees, Unfair Business Practices, Fraudulent Concealment, Breach of Implied Contract Among Others for Millions Plus Damages
- Syntiant Low-Power Wake Word Solution Available for Amazon’s Alexa Voice Service
- Dirty Business: How A Man Scammed Amazon Out Of $370K
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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