Technical Analysis for AMZN - Amazon.com, Inc.

Grade Last Price % Change Price Change
A 214.10 2.48% 5.19
AMZN closed up 2.48 percent on Wednesday, November 13, 2024, on 1.23 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Inside Day Range Contraction 2.48%
Gapped Up Strength 2.48%
Overbought Stochastic Strength 2.48%
Stochastic Sell Signal Bearish 3.51%
Upper Bollinger Band Walk Strength 3.51%
Overbought Stochastic Strength 3.51%

   Recent Intraday Alerts

Alert Time
Rose Above Upper Bollinger Band about 12 hours ago
Up 1 ATR about 12 hours ago
Up 2% about 12 hours ago
New 52 Week High about 13 hours ago
60 Minute Opening Range Breakout about 13 hours ago

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Amazon.com, Inc. Description

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. It operates retail Websites, such as amazon.com and amazon.ca, which include merchandise and content purchased for resale from vendors and those offered by third-party sellers. The company serves consumers through its retail Websites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on company's Websites, and their own branded Websites. In addition, the company serves developers and enterprises through Amazon Web Services, which provides access to technology infrastructure that enables virtually various businesses. Further, it offers Kindle Direct Publishing, an online platform that lets independent authors and publishers to make their books available in the Kindle Store; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Additionally, the company manufactures and sells the Kindle e-reader devices. It also provides co-branded credit card agreements, and fulfillment and advertising services. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.


Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: S&P 500 Nasdaq 100 Retailing Online Shopping Dow Jones Component Work From Home Advertising Services Online Platform Online Retail Fulfillment Online Retailer Technology Infrastructure Publishing E-Reader Hyperscale E-Books

Is AMZN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

T

TraderMike 10 months ago

This is at an interesting technical juncture.  Its stochastic oscillator reached oversold today and it has found support at the 50 DMA the last 2 sessions.  I wish the last 2 candles had lower wicks instead of upper wicks... That would give me more confidence that the sellers had exhausted themselves.  I'll be keeping a close eye in the next few days.

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Indicators

Indicator Value
52 Week High 215.09
52 Week Low 139.53
Average Volume 37,480,138
200-Day Moving Average 182.54
50-Day Moving Average 189.87
20-Day Moving Average 196.05
10-Day Moving Average 203.48
Average True Range 4.79
RSI (14) 72.14
ADX 24.85
+DI 44.45
-DI 16.35
Chandelier Exit (Long, 3 ATRs) 200.73
Chandelier Exit (Short, 3 ATRs) 198.05
Upper Bollinger Bands 214.91
Lower Bollinger Band 177.18
Percent B (%b) 0.98
BandWidth 19.24
MACD Line 6.43
MACD Signal Line 4.54
MACD Histogram 1.8922
Fundamentals Value
Market Cap 2.22 Trillion
Num Shares 10.4 Billion
EPS 2.90
Price-to-Earnings (P/E) Ratio 73.83
Price-to-Sales 3.15
Price-to-Book 8.98
PEG Ratio 2.54
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 223.03
Resistance 3 (R3) 222.36 218.73 221.54
Resistance 2 (R2) 218.73 216.45 219.06 221.04
Resistance 1 (R1) 216.41 215.05 217.57 217.08 220.55
Pivot Point 212.78 212.78 213.36 213.11 212.78
Support 1 (S1) 210.46 210.50 211.62 211.13 207.65
Support 2 (S2) 206.83 209.10 207.16 207.16
Support 3 (S3) 204.51 206.83 206.66
Support 4 (S4) 205.18