AMAZON - Daily - Technical analysis published on 06/17/2019 (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:
Bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1,630 EUR
My targets
1,670 EUR (+0.60%)
1,749 EUR (+5.36%)
My analysis
The basic bullish trend is very strong on AMAZON but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1,630 EUR. Crossing the first resistance at 1,670 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1,749 EUR as an objective. Caution, a return to below 1,630 EUR would be a sign of a consolidation phase in the short-term basic trend. 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.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMAZON rating is 1,660 EUR. On the day, this instrument gained +0.00% and was between 1,640 EUR and 1,670 EUR. This implies that the price is at +1.22% from its lowest and at -0.60% from its highest.1,640
1,670
1,660
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AMAZON indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,392 | 1,554 | 1,630 | 1,660 | 1,670 | 1,749 |
| Change (%) | -16.14% | -6.39% | -1.81% | - | +0.60% | +5.36% |
| Change | -268 | -106 | -30 | - | +10 | +89 |
| Level | Minor | Intermediate | Intermediate | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1,610 | 1,620 | 1,630 | 1,640 | 1,650 | 1,660 | 1,670 |
| Camarilla | 1,634 | 1,636 | 1,638 | 1,640 | 1,642 | 1,644 | 1,646 |
| Woodie | 1,610 | 1,620 | 1,630 | 1,640 | 1,650 | 1,660 | 1,670 |
| Fibonacci | 1,620 | 1,628 | 1,632 | 1,640 | 1,648 | 1,652 | 1,660 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,423 | 1,477 | 1,543 | 1,597 | 1,663 | 1,717 | 1,783 |
| Camarilla | 1,577 | 1,588 | 1,599 | 1,610 | 1,621 | 1,632 | 1,643 |
| Woodie | 1,430 | 1,480 | 1,550 | 1,600 | 1,670 | 1,720 | 1,790 |
| Fibonacci | 1,477 | 1,523 | 1,551 | 1,597 | 1,643 | 1,671 | 1,717 |
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): | 55.00 | |
| MACD (12,26,9): | -7.0000 | |
| Directional Movement: | 5 | |
| AROON (14): | 50 | |
| DEMA (21): | 1,616 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,510 | |
| Elder Ray (13): | 27 | |
| Super Trend (3,10): | 1,524 | |
| Zig ZAG (10): | 1,660 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 88.00 | |
| TEMA (21): | 1,607 | |
| Williams %R (14): | -6.00 | |
| Chande Momentum Oscillator (20): | 10 | |
| Repulse (5,40,3): | 4.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 4.00 |
| MA7: | 1,613 | |
| MA20: | 1,624 | |
| MA50: | 1,653 | |
| MA100: | 1,565 | |
| MAexp7: | 1,629 | |
| MAexp20: | 1,627 | |
| MAexp50: | 1,622 | |
| MAexp100: | 1,588 | |
| Price / MA7: | +2.91% | |
| Price / MA20: | +2.22% | |
| Price / MA50: | +0.42% | |
| Price / MA100: | +6.07% | |
| Price / MAexp7: | +1.90% | |
| Price / MAexp20: | +2.03% | |
| Price / MAexp50: | +2.34% | |
| Price / MAexp100: | +4.53% |
This member declared not having a position on this financial instrument or a related financial instrument.
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