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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 10/16/2019 (GMT)

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Londinia
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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
Court terme: Neutral
De fond: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 1,843.55 USD
My targets
1,749.62 USD (-1.00%)
1,692.69 USD (-4.23%)
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 1,843.55 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1,749.62 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 1,692.69 USD as an objective. Crossing it would then enable sellers to target 1,590.11 USD. If the resistance 1,843.55 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.

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

Additional analysis

Quotes

The AMAZON.COM INC. price is 1,767.38 USD. The price has increased by +1.78% since the last closing and was traded between 1,740.62 USD and 1,776.45 USD over the period. The price is currently at +1.54% from its lowest and -0.51% from its highest.

1,740.62
1,776.45
1,767.38

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

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 AMAZON.COM INC. in Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,590.11 1,692.69 1,749.62 1,767.38 1,843.55 1,918.19 1,962.69
Change (%) -10.03% -4.23% -1.00% - +4.31% +8.53% +11.05%
Change -177.27 -74.69 -17.76 - +76.17 +150.81 +195.31
Level Minor Major Intermediate - Major Minor Intermediate



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
Standard1,705.101,713.551,724.991,733.441,744.881,753.331,764.77
Camarilla1,730.961,732.781,734.611,736.431,738.251,740.081,741.90
Woodie1,706.601,714.301,726.491,734.191,746.381,754.081,766.27
Fibonacci1,713.551,721.151,725.841,733.441,741.041,745.731,753.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,665.841,685.421,708.671,728.251,751.501,771.081,794.33
Camarilla1,720.141,724.071,727.991,731.921,735.851,739.771,743.70
Woodie1,667.681,686.341,710.511,729.171,753.341,772.001,796.17
Fibonacci1,685.421,701.781,711.891,728.251,744.611,754.721,771.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,534.431,621.821,678.871,766.261,823.311,910.701,967.75
Camarilla1,696.191,709.431,722.671,735.911,749.151,762.391,775.63
Woodie1,519.251,614.241,663.691,758.681,808.131,903.121,952.57
Fibonacci1,621.821,677.001,711.091,766.261,821.441,855.531,910.70

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): 52.03
MACD (12,26,9): -17.5500
Directional Movement: -2.95
AROON (14): 57.14
DEMA (21): 1,724.46
Parabolic SAR (0,02-0,02-0,2): 1,690.78
Elder Ray (13): 17.47
Super Trend (3,10): 1,805.59
Zig ZAG (10): 1,767.38
VORTEX (21): 0.8400
Stochastique (14,3,5): 63.61
TEMA (21): 1,725.32
Williams %R (14): -9.92
Chande Momentum Oscillator (20): 41.93
Repulse (5,40,3): 1.3800
ROCnROLL: -1
TRIX (15,9): -0.1800
Courbe Coppock: 4.39
MA7: 1,730.88
MA20: 1,747.93
MA50: 1,780.56
MA100: 1,838.44
MAexp7: 1,738.84
MAexp20: 1,749.68
MAexp50: 1,784.94
MAexp100: 1,805.90
Price / MA7: +2.11%
Price / MA20: +1.11%
Price / MA50: -0.74%
Price / MA100: -3.87%
Price / MAexp7: +1.64%
Price / MAexp20: +1.01%
Price / MAexp50: -0.98%
Price / MAexp100: -2.13%

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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Londinia
Londinia AI

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