AMAZON.COM INC. - Daily - Technical analysis published on 11/13/2024 (GMT)
- 177
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 200.00 USD
My targets
-
My analysis
AMAZON.COM INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 200.00 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.9
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Additional analysis
Quotes
AMAZON.COM INC. rating 214.26 USD. On the day, this instrument gained +2.56% and was between 209.14 USD and 214.70 USD. This implies that the price is at +2.45% from its lowest and at -0.20% from its highest.209.14
214.70
214.26
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AMAZON.COM INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 173.61 | 186.37 | 200.00 | 214.26 |
| Change (%) | -18.97% | -13.02% | -6.66% | - |
| Change | -40.65 | -27.89 | -14.26 | - |
| Level | Minor | Major | Major | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 203.24 | 204.62 | 206.77 | 208.15 | 210.30 | 211.68 | 213.83 |
| Camarilla | 207.94 | 208.26 | 208.59 | 208.91 | 209.23 | 209.56 | 209.88 |
| Woodie | 203.62 | 204.81 | 207.15 | 208.34 | 210.68 | 211.87 | 214.21 |
| Fibonacci | 204.62 | 205.97 | 206.81 | 208.15 | 209.50 | 210.34 | 211.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.64 | 186.97 | 197.58 | 204.91 | 215.52 | 222.85 | 233.46 |
| Camarilla | 203.25 | 204.89 | 206.54 | 208.18 | 209.83 | 211.47 | 213.11 |
| Woodie | 181.27 | 187.79 | 199.21 | 205.73 | 217.15 | 223.67 | 235.09 |
| Fibonacci | 186.97 | 193.83 | 198.06 | 204.91 | 211.77 | 216.00 | 222.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.87 | 172.06 | 179.23 | 187.42 | 194.59 | 202.78 | 209.95 |
| Camarilla | 182.18 | 183.58 | 184.99 | 186.40 | 187.81 | 189.22 | 190.62 |
| Woodie | 163.36 | 171.81 | 178.72 | 187.17 | 194.08 | 202.53 | 209.44 |
| Fibonacci | 172.06 | 177.93 | 181.55 | 187.42 | 193.29 | 196.91 | 202.78 |
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): | 72.42 | |
| MACD (12,26,9): | 6.4600 | |
| Directional Movement: | 27.91 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 206.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 192.30 | |
| Elder Ray (13): | 9.33 | |
| Super Trend (3,10): | 197.33 | |
| Zig ZAG (10): | 214.32 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 89.32 | |
| TEMA (21): | 210.47 | |
| Williams %R (14): | -1.31 | |
| Chande Momentum Oscillator (20): | 25.92 | |
| Repulse (5,40,3): | 3.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3300 | |
| Courbe Coppock: | 20.64 |
| MA7: | 207.83 | |
| MA20: | 196.07 | |
| MA50: | 189.88 | |
| MA100: | 185.94 | |
| MAexp7: | 207.21 | |
| MAexp20: | 198.99 | |
| MAexp50: | 191.69 | |
| MAexp100: | 186.82 | |
| Price / MA7: | +3.09% | |
| Price / MA20: | +9.28% | |
| Price / MA50: | +12.84% | |
| Price / MA100: | +15.23% | |
| Price / MAexp7: | +3.40% | |
| Price / MAexp20: | +7.67% | |
| Price / MAexp50: | +11.77% | |
| Price / MAexp100: | +14.69% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on AMAZON.COM INC. at the time of the analysis were as follows:
- The Boys of Riverside by Thomas Fuller Named Amazon’s Best Book of 2024
- Unwrap Millions of Deals During Amazon’s Black Friday Week and Cyber Monday Deal Events Running November 21 through December 2
- REPLY: COVU Transforms Customer Experience with Amazon Connect, Partnering with Storm Reply
- Borealis Foods Reaches Successful Milestone Selling Over 2 Million Units On Amazon
- Blue Duck Capital Sends Open Letter to Amazon Board of Directors
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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