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. - 15 min. - Technical analysis published on 05/31/2024 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 179.14 USD
My targets
173.80 USD (-1.49%)
171.17 USD (-2.99%)
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 179.14 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 173.80 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 171.17 USD as an objective. Crossing it would then enable sellers to target 168.46 USD. If the resistance 179.14 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.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.9

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This analysis was given by m6rga3. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

AMAZON.COM INC. rating 176.44 USD. The price is lower by -1.61% since the last closing with the lowest point at 173.87 USD and the highest point at 179.21 USD. The deviation from the price is +1.48% for the low point and -1.55% for the high point.

173.87
179.21
176.44

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

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 several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AMAZON.COM INC. in 15 min. shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes


RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes


Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 166.32 169.16 174.80 176.44 179.48 183.44 186.37
Change (%) -5.74% -4.13% -0.93% - +1.72% +3.97% +5.63%
Change -10.12 -7.28 -1.64 - +3.04 +7.00 +9.93
Level Intermediate Major Minor - Intermediate Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard168.46171.17173.80176.51179.14181.85184.48
Camarilla174.97175.46175.95176.44176.93177.42177.91
Woodie168.43171.15173.77176.49179.11181.83184.45
Fibonacci171.17173.21174.47176.51178.55179.81181.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard161.97167.92172.18178.13182.39188.34192.60
Camarilla173.63174.57175.50176.44177.38178.31179.25
Woodie161.13167.50171.34177.71181.55187.92191.76
Fibonacci167.92171.82174.23178.13182.03184.44188.34


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard140.84153.58164.29177.03187.74200.48211.19
Camarilla168.55170.70172.85175.00177.15179.30181.45
Woodie139.83153.07163.28176.52186.73199.97210.18
Fibonacci153.58162.54168.07177.03185.99191.52200.48

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): 57.26
MACD (12,26,9): -0.5500
Directional Movement: 5.89
AROON (14): 100.00
DEMA (21): 174.38
Parabolic SAR (0,02-0,02-0,2): 173.98
Elder Ray (13): 0.71
Super Trend (3,10): 173.91
Zig ZAG (10): 176.45
VORTEX (21): 1.0900
Stochastique (14,3,5): 82.54
TEMA (21): 174.86
Williams %R (14): -4.58
Chande Momentum Oscillator (20): 1.90
Repulse (5,40,3): 1.2400
ROCnROLL: -1
TRIX (15,9): -0.0800
Courbe Coppock: 0.49
MA7: 180.69
MA20: 184.41
MA50: 182.26
MA100: 174.83
MAexp7: 175.22
MAexp20: 175.32
MAexp50: 176.98
MAexp100: 178.73
Price / MA7: -2.35%
Price / MA20: -4.32%
Price / MA50: -3.19%
Price / MA100: +0.92%
Price / MAexp7: +0.70%
Price / MAexp20: +0.64%
Price / MAexp50: -0.30%
Price / MAexp100: -1.28%

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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