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 02/17/2022 (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
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 3,189.94 USD
My targets
2,951.95 USD (-6.06%)
2,776.97 USD (-11.63%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AMAZON.COM INC.. As long as you are under the resistance located at 3,189.94 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2,951.95 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2,776.97 USD as an objective. Crossing it would then enable sellers to target 2,033.34 USD. If the resistance 3,189.94 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.9

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:
15 min. 1H Weekly

Additional analysis

Quotes

AMAZON.COM INC. rating 3,142.52 USD. The price is lower by -0.62% since the last closing and was traded between 3,142.00 USD and 3,206.98 USD over the period. The price is currently at +0.02% from its lowest and -2.01% from its highest.

3,142.00
3,206.98
3,142.52

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AMAZON.COM INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AMAZON.COM INC. in Daily shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

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

Black gravestone / inverted hammer

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,033.34 2,776.97 2,951.95 3,142.52 3,189.94 3,310.11 3,531.45
Change (%) -35.30% -11.63% -6.06% - +1.51% +5.33% +12.38%
Change -1,109.18 -365.55 -190.57 - +47.42 +167.59 +388.93
Level Major Major Major - Major Major 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
Standard3,030.253,062.473,112.243,144.463,194.233,226.453,276.22
Camarilla3,139.463,146.983,154.493,162.013,169.533,177.043,184.56
Woodie3,039.033,066.863,121.023,148.853,203.013,230.843,285.00
Fibonacci3,062.473,093.793,113.143,144.463,175.783,195.133,226.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,766.132,910.402,988.143,132.413,210.153,354.423,432.16
Camarilla3,004.823,025.173,045.523,065.873,086.223,106.573,126.92
Woodie2,732.862,893.772,954.873,115.783,176.883,337.793,398.89
Fibonacci2,910.402,995.213,047.613,132.413,217.223,269.623,354.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,935.382,321.212,656.343,042.173,377.303,763.134,098.26
Camarilla2,793.212,859.292,925.382,991.473,057.563,123.653,189.73
Woodie1,910.032,308.542,630.993,029.503,351.953,750.464,072.91
Fibonacci2,321.212,596.622,766.763,042.173,317.583,487.723,763.13

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): 52.22
MACD (12,26,9): -4.4500
Directional Movement: -2.32
AROON (14): 57.14
DEMA (21): 3,081.50
Parabolic SAR (0,02-0,02-0,2): 3,062.24
Elder Ray (13): 68.34
Super Trend (3,10): 2,831.26
Zig ZAG (10): 3,158.25
VORTEX (21): 0.9300
Stochastique (14,3,5): 75.17
TEMA (21): 3,138.79
Williams %R (14): -24.40
Chande Momentum Oscillator (20): 129.98
Repulse (5,40,3): -0.4000
ROCnROLL: -1
TRIX (15,9): -0.1700
Courbe Coppock: 17.23
MA7: 3,145.37
MA20: 3,017.98
MA50: 3,210.48
MA100: 3,315.36
MAexp7: 3,133.10
MAexp20: 3,106.76
MAexp50: 3,183.28
MAexp100: 3,262.30
Price / MA7: -0.09%
Price / MA20: +4.13%
Price / MA50: -2.12%
Price / MA100: -5.21%
Price / MAexp7: +0.30%
Price / MAexp20: +1.15%
Price / MAexp50: -1.28%
Price / MAexp100: -3.67%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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