AMAZON.COM INC. - Daily - Technical analysis published on 10/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 1,749.62 USD
My targets
1,692.69 USD (-1.60%)
1,590.11 USD (-7.57%)
My analysis
The bearish trend is currently very strong for AMAZON.COM INC.. As long as the price remains below the resistance at 1,749.62 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1,692.69 USD. The bearish momentum would be revived by a break in this support. 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. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMAZON.COM INC. rating 1,720.26 USD. The price is lower by -0.10% since the last closing and was traded between 1,713.75 USD and 1,738.29 USD over the period. The price is currently at +0.38% from its lowest and -1.04% from its highest.1,713.75
1,738.29
1,720.26
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
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 a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,343.96 | 1,590.11 | 1,692.69 | 1,720.26 | 1,749.62 | 1,843.24 | 1,962.69 |
| Change (%) | -21.87% | -7.57% | -1.60% | - | +1.71% | +7.15% | +14.09% |
| Change | -376.30 | -130.15 | -27.57 | - | +29.36 | +122.98 | +242.43 |
| Level | Major | Minor | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,698.66 | 1,706.51 | 1,714.25 | 1,722.10 | 1,729.84 | 1,737.69 | 1,745.43 |
| Camarilla | 1,717.70 | 1,719.13 | 1,720.56 | 1,721.99 | 1,723.42 | 1,724.85 | 1,726.28 |
| Woodie | 1,698.61 | 1,706.48 | 1,714.20 | 1,722.07 | 1,729.79 | 1,737.66 | 1,745.38 |
| Fibonacci | 1,706.51 | 1,712.47 | 1,716.15 | 1,722.10 | 1,728.06 | 1,731.74 | 1,737.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,627.40 | 1,656.23 | 1,697.94 | 1,726.77 | 1,768.48 | 1,797.31 | 1,839.02 |
| Camarilla | 1,720.25 | 1,726.72 | 1,733.18 | 1,739.65 | 1,746.12 | 1,752.58 | 1,759.05 |
| Woodie | 1,633.84 | 1,659.45 | 1,704.38 | 1,729.99 | 1,774.92 | 1,800.53 | 1,845.46 |
| Fibonacci | 1,656.23 | 1,683.18 | 1,699.82 | 1,726.77 | 1,753.72 | 1,770.36 | 1,797.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,534.43 | 1,621.82 | 1,678.87 | 1,766.26 | 1,823.31 | 1,910.70 | 1,967.75 |
| Camarilla | 1,696.19 | 1,709.43 | 1,722.67 | 1,735.91 | 1,749.15 | 1,762.39 | 1,775.63 |
| Woodie | 1,519.25 | 1,614.24 | 1,663.69 | 1,758.68 | 1,808.13 | 1,903.12 | 1,952.57 |
| Fibonacci | 1,621.82 | 1,677.00 | 1,711.09 | 1,766.26 | 1,821.44 | 1,855.53 | 1,910.70 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.84 | |
| MACD (12,26,9): | -25.1800 | |
| Directional Movement: | -13.40 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 1,718.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,685.06 | |
| Elder Ray (13): | -11.51 | |
| Super Trend (3,10): | 1,805.59 | |
| Zig ZAG (10): | 1,720.26 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 23.68 | |
| TEMA (21): | 1,711.12 | |
| Williams %R (14): | -68.19 | |
| Chande Momentum Oscillator (20): | -21.35 | |
| Repulse (5,40,3): | -0.9400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 8.89 |
| MA7: | 1,722.53 | |
| MA20: | 1,759.63 | |
| MA50: | 1,784.72 | |
| MA100: | 1,841.41 | |
| MAexp7: | 1,725.31 | |
| MAexp20: | 1,750.82 | |
| MAexp50: | 1,789.95 | |
| MAexp100: | 1,810.50 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -2.24% | |
| Price / MA50: | -3.61% | |
| Price / MA100: | -6.58% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -1.75% | |
| Price / MAexp50: | -3.89% | |
| Price / MAexp100: | -4.98% |
News
The last news published on AMAZON.COM INC. at the time of the generation of this analysis was as follows:
-
Amazon workers reportedly watching cloud cam footage
- Amazon.com to Webcast Third Quarter 2019 Financial Results Conference Call
- Amazon Announces First Fulfillment Center in Idaho
-
Amazon Slashes Price On Apple's 11-inch iPad Pro By $125
- GVG predicts winners of the next digital race--startups, digital giants like Amazon or incumbents like Walmart?
This member declared not having a position on this financial instrument or a related financial instrument.
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