AMAZON.COM INC. - Daily - Technical analysis published on 11/07/2019 (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 bullish
De fond:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 1,787.48 USD
My targets
1,843.55 USD (+2.66%)
1,918.19 USD (+6.82%)
My analysis
The current short-term bullish acceleration on AMAZON.COM INC. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 1,787.48 USD. Short-term buyers will use the resistance located at 1,843.55 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 1,918.19 USD. Crossing this resistance would then open the door for buyers to target 1,962.69 USD. Caution, if there is a return to under 1,787.48 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
3.4
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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
The AMAZON.COM INC. price is 1,795.77 USD. The price is lower by -0.33% since the last closing and was traded between 1,788.58 USD and 1,802.50 USD over the period. The price is currently at +0.40% from its lowest and -0.37% from its highest.1,788.58
1,802.50
1,795.77
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AMAZON.COM INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AMAZON.COM INC. chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,589.35 | 1,692.69 | 1,787.48 | 1,795.77 | 1,843.55 | 1,918.19 | 1,962.69 |
Change (%) | -11.49% | -5.74% | -0.46% | - | +2.66% | +6.82% | +9.30% |
Change | -206.42 | -103.08 | -8.29 | - | +47.78 | +122.42 | +166.92 |
Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 |
---|---|---|---|---|---|---|---|
Standard | 1,777.47 | 1,785.74 | 1,793.72 | 1,801.99 | 1,809.97 | 1,818.24 | 1,826.22 |
Camarilla | 1,797.24 | 1,798.73 | 1,800.22 | 1,801.71 | 1,803.20 | 1,804.69 | 1,806.18 |
Woodie | 1,777.34 | 1,785.67 | 1,793.59 | 1,801.92 | 1,809.84 | 1,818.17 | 1,826.09 |
Fibonacci | 1,785.74 | 1,791.94 | 1,795.78 | 1,801.99 | 1,808.19 | 1,812.03 | 1,818.24 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,701.87 | 1,722.19 | 1,756.81 | 1,777.13 | 1,811.75 | 1,832.07 | 1,866.69 |
Camarilla | 1,776.33 | 1,781.37 | 1,786.40 | 1,791.44 | 1,796.48 | 1,801.51 | 1,806.55 |
Woodie | 1,709.03 | 1,725.77 | 1,763.97 | 1,780.71 | 1,818.91 | 1,835.65 | 1,873.85 |
Fibonacci | 1,722.19 | 1,743.17 | 1,756.14 | 1,777.13 | 1,798.11 | 1,811.08 | 1,832.07 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,594.41 | 1,639.73 | 1,708.20 | 1,753.52 | 1,821.99 | 1,867.31 | 1,935.78 |
Camarilla | 1,745.37 | 1,755.80 | 1,766.23 | 1,776.66 | 1,787.09 | 1,797.52 | 1,807.95 |
Woodie | 1,605.98 | 1,645.52 | 1,719.77 | 1,759.31 | 1,833.56 | 1,873.10 | 1,947.35 |
Fibonacci | 1,639.73 | 1,683.20 | 1,710.06 | 1,753.52 | 1,796.99 | 1,823.85 | 1,867.31 |
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): | 55.74 | |
MACD (12,26,9): | 7.9500 | |
Directional Movement: | -4.10 | |
AROON (14): | 42.85 | |
DEMA (21): | 1,783.71 | |
Parabolic SAR (0,02-0,02-0,2): | 1,714.24 | |
Elder Ray (13): | 13.58 | |
Super Trend (3,10): | 1,805.59 | |
Zig ZAG (10): | 1,795.77 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 88.05 | |
TEMA (21): | 1,798.92 | |
Williams %R (14): | -16.07 | |
Chande Momentum Oscillator (20): | 10.11 | |
Repulse (5,40,3): | 0.0000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 3.46 |
MA7: | 1,787.56 | |
MA20: | 1,771.20 | |
MA50: | 1,776.13 | |
MA100: | 1,833.17 | |
MAexp7: | 1,790.23 | |
MAexp20: | 1,776.59 | |
MAexp50: | 1,782.98 | |
MAexp100: | 1,798.33 | |
Price / MA7: | +0.46% | |
Price / MA20: | +1.39% | |
Price / MA50: | +1.11% | |
Price / MA100: | -2.04% | |
Price / MAexp7: | +0.31% | |
Price / MAexp20: | +1.08% | |
Price / MAexp50: | +0.72% | |
Price / MAexp100: | -0.14% |
News
The latest news and videos published on AMAZON.COM INC. at the time of the analysis were as follows:
- Sourced Group Achieves Amazon Web Services Financial Services Competency
- Amazon.ae relates running a regional e-commerce giant to basketball
- Amazon Now Offering Free Two-Hour Grocery Delivery
- Sourced Media Books Releases Amazon Best Seller By Author Ernestine Sclafani Bayless
- James Mattis: President Said To 'Screw Amazon' On Pentagon Contract
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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