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AMZN - Amazon.com

Industry: Catalog & Mail Order Houses Sector: Services Exchange: NASDAQ

AMZN - Amazon.com

Industry: Catalog & Mail Order Houses Sector: Services Exchange: NASDAQ
#1015()/6724

Fri 16'th Feb 2018

PERIOD 2017-11-17 - 2018-02-16
CHANGE -0.89%
PRICE $1 448.69
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

0.00%

Amazon.com Stock Analysis

Technical stock analysis for Fri 16'th Feb 2018

Shorts 1.13% ( 2018-01-31 )
Cash 98 278.0 mill
Loans n/a
Beta 1.61
ROA 2.68
Buy candidate since 2018-02-06 Gain 0.41%

Amazon.com fell by -0.89% in the last day from $1 461.76 to $1 448.69 The price has been going up and down for this period, and there has been a 1.24% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -1.19 million shares and in total 4.41 million shares bought and sold for approximately $6 390.00 million.

Access today's Top 5 Buy Candidates

Trend

Amazon.com lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 28.85% during the next 3 months and, with 90% probability hold a price between $1 743.77 and $1 955.62 at the end of this period.

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Signals

Amazon.com holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $1 407.39 and $1 336.39. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday February 15, 2018, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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A buy signal from a double bottom formation was found on Monday February 05, 2018 with a target of $1 414.56. Despite the objective of the signal formation has been reached the stock may continue to perform well.

Relative Strength Index (RSI)

RSI14 is 53 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Amazon.com finds support from accumulated volume at $1 442.84. On the upside the stock meets some resistance just above today's level from accumulated volume at $1 450.89, $1 451.05 and $1 461.76.

The stock is about to test the resistance from accumulated volume at $1 450.89 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $1 442.84 Price: $1 448.69 Resistance: $1 450.89

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $19.24 (1.33%) between high and low. For the last week, the stock has had a daily average volatility of 2.67%.

Our recommended stoploss: $1 381.04 (-4.67%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

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