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 11/24/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

50%

28%

22%

My opinion

Bearish under 102.03 USD

My targets

92.40 USD (-1.84%)

84.12 USD (-10.63%)

My analysis

AMAZON.COM INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 102.03 USD. The next support located at 92.40 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 84.12 USD. Below this support, sellers could then target 35.33 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

Force

5.4

Comment on the analysis

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 gioviforex. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AMAZON.COM INC. price is 94.13 USD. The price registered an increase of +1.00% on the session with the lowest point at 92.83 USD and the highest point at 94.58 USD. The deviation from the price is +1.40% for the low point and -0.48% for the high point.

92.83

94.58

94.13

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.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of AMAZON.COM INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.40	35.33	84.12	94.13	102.03	120.84	147.60
Change (%)	-85.76%	-62.47%	-10.63%	-	+8.39%	+28.38%	+56.80%
Change	-80.73	-58.80	-10.01	-	+7.90	+26.71	+53.47
Level	Minor	Minor	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.36	92.10	93.11	93.85	94.86	95.60	96.61
Camarilla	93.65	93.81	93.97	94.13	94.29	94.45	94.61
Woodie	91.51	92.17	93.26	93.92	95.01	95.67	96.76
Fibonacci	92.10	92.77	93.18	93.85	94.52	94.93	95.60

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.51	85.49	89.82	96.80	101.13	108.11	112.44
Camarilla	91.03	92.07	93.10	94.14	95.18	96.21	97.25
Woodie	77.18	84.83	88.49	96.14	99.80	107.45	111.11
Fibonacci	85.49	89.81	92.48	96.80	101.12	103.79	108.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.06	82.36	92.40	107.70	117.74	133.04	143.08
Camarilla	95.47	97.79	100.12	102.44	104.76	107.09	109.41
Woodie	64.43	81.05	89.77	106.39	115.11	131.73	140.45
Fibonacci	82.36	92.04	98.02	107.70	117.38	123.36	133.04

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):	40.43
MACD (12,26,9):	-4.4800
Directional Movement:	-9.95
AROON (14):	28.57
DEMA (21):	91.50
Parabolic SAR (0,02-0,02-0,2):	87.92
Elder Ray (13):	-2.00
Super Trend (3,10):	102.87
Zig ZAG (10):	94.13
VORTEX (21):	0.7200
Stochastique (14,3,5):	41.26
TEMA (21):	91.70
Williams %R (14):	-53.91
Chande Momentum Oscillator (20):	3.60
Repulse (5,40,3):	0.8900
ROCnROLL:	2
TRIX (15,9):	-0.7200
Courbe Coppock:	4.06

MA7:	94.98
MA20:	95.67
MA50:	108.44
MA100:	118.67
MAexp7:	94.42
MAexp20:	97.90
MAexp50:	106.58
MAexp100:	114.78
Price / MA7:	-0.89%
Price / MA20:	-1.61%
Price / MA50:	-13.20%
Price / MA100:	-20.68%
Price / MAexp7:	-0.31%
Price / MAexp20:	-3.85%
Price / MAexp50:	-11.68%
Price / MAexp100:	-17.99%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on AMAZON.COM INC. at the time of the analysis were as follows:

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

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