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 09/16/2019 (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: Neutral
De fond: Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 1,842.55 USD
My targets
1,692.69 USD (-6.23%)
1,590.11 USD (-11.91%)
My analysis
The basic trend is very bearish on AMAZON.COM INC. but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on AMAZON.COM INC.. As long as you stay below the resistance 1,842.55 USD, sellers” retain the upper hand. A break in the support at 1,692.69 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 1,590.11 USD as an objective. Crossing it would then enable sellers to target 1,343.96 USD. If the price were to depress the resistance 1,842.55 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.8

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

AMAZON.COM INC. rating 1,805.10 USD. The price registered a decrease of -1.86% on the session and was between 1,800.20 USD and 1,825.69 USD. This implies that the price is at +0.27% from its lowest and at -1.13% from its highest.

1,800.20
1,825.69
1,805.10

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



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

Technical


Technical analysis of AMAZON.COM INC. in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



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

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,343.96 1,590.11 1,692.69 1,805.10 1,842.55 1,962.69 2,039.51
Change (%) -25.55% -11.91% -6.23% - +2.07% +8.73% +12.99%
Change -461.14 -214.99 -112.41 - +37.45 +157.59 +234.41
Level Major Minor Major - Intermediate Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,823.351,829.261,834.301,840.211,845.251,851.161,856.20
Camarilla1,836.331,837.331,838.341,839.341,840.341,841.351,842.35
Woodie1,822.921,829.041,833.871,839.991,844.821,850.941,855.77
Fibonacci1,829.261,833.441,836.031,840.211,844.391,846.981,851.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,763.581,784.461,811.901,832.781,860.221,881.101,908.54
Camarilla1,826.051,830.481,834.911,839.341,843.771,848.201,852.63
Woodie1,766.861,786.101,815.181,834.421,863.501,882.741,911.82
Fibonacci1,784.461,802.921,814.321,832.781,851.241,862.641,881.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,559.481,651.501,713.891,805.911,868.301,960.322,022.71
Camarilla1,733.831,747.981,762.141,776.291,790.441,804.601,818.75
Woodie1,544.681,644.091,699.091,798.501,853.501,952.912,007.91
Fibonacci1,651.501,710.481,746.921,805.911,864.891,901.331,960.32

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): 46.68
MACD (12,26,9): -2.7400
Directional Movement: -3.54
AROON (14): 85.71
DEMA (21): 1,807.34
Parabolic SAR (0,02-0,02-0,2): 1,770.23
Elder Ray (13): -3.80
Super Trend (3,10): 1,861.56
Zig ZAG (10): 1,805.04
VORTEX (21): 0.9200
Stochastique (14,3,5): 77.66
TEMA (21): 1,823.05
Williams %R (14): -43.98
Chande Momentum Oscillator (20): 40.59
Repulse (5,40,3): -1.1700
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 4.74
MA7: 1,827.96
MA20: 1,804.12
MA50: 1,863.99
MA100: 1,868.35
MAexp7: 1,821.96
MAexp20: 1,816.69
MAexp50: 1,836.23
MAexp100: 1,837.83
Price / MA7: -1.25%
Price / MA20: +0.05%
Price / MA50: -3.16%
Price / MA100: -3.39%
Price / MAexp7: -0.93%
Price / MAexp20: -0.64%
Price / MAexp50: -1.70%
Price / MAexp100: -1.78%

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

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