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 11/12/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 200.00 USD
My targets
209.95 USD (+0.50%)
My analysis
The bullish trend is currently very strong on AMAZON.COM INC.. As long as the price remains above the support at 200.00 USD, you could try to benefit from the boom. The first bullish objective is located at 209.95 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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This analysis was given by eliro. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AMAZON.COM INC. rating is 208.91 USD. The price has increased by +1.00% since the last closing with the lowest point at 206.01 USD and the highest point at 209.54 USD. The deviation from the price is +1.41% for the low point and -0.30% for the high point.

206.01
209.54
208.91

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



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


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AMAZON.COM INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 173.61 186.37 200.00 208.91
Change (%) -16.90% -10.79% -4.26% -
Change -35.30 -22.54 -8.91 -
Level Minor Major Major -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard203.24204.62206.77208.15210.30211.68213.83
Camarilla207.94208.26208.59208.91209.23209.56209.88
Woodie203.62204.81207.15208.34210.68211.87214.21
Fibonacci204.62205.97206.81208.15209.50210.34211.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard179.64186.97197.58204.91215.52222.85233.46
Camarilla203.25204.89206.54208.18209.83211.47213.11
Woodie181.27187.79199.21205.73217.15223.67235.09
Fibonacci186.97193.83198.06204.91211.77216.00222.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard163.87172.06179.23187.42194.59202.78209.95
Camarilla182.18183.58184.99186.40187.81189.22190.62
Woodie163.36171.81178.72187.17194.08202.53209.44
Fibonacci172.06177.93181.55187.42193.29196.91202.78

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 68.20
MACD (12,26,9): 5.8200
Directional Movement: 22.08
AROON (14): 78.57
DEMA (21): 204.16
Parabolic SAR (0,02-0,02-0,2): 191.03
Elder Ray (13): 7.18
Super Trend (3,10): 193.96
Zig ZAG (10): 208.79
VORTEX (21): 1.0500
Stochastique (14,3,5): 84.84
TEMA (21): 207.72
Williams %R (14): -12.12
Chande Momentum Oscillator (20): 20.98
Repulse (5,40,3): 1.0600
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 18.30
MA7: 205.17
MA20: 194.68
MA50: 189.05
MA100: 185.65
MAexp7: 204.80
MAexp20: 197.35
MAexp50: 190.75
MAexp100: 186.26
Price / MA7: +1.82%
Price / MA20: +7.31%
Price / MA50: +10.51%
Price / MA100: +12.53%
Price / MAexp7: +2.01%
Price / MAexp20: +5.86%
Price / MAexp50: +9.52%
Price / MAexp100: +12.16%

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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