We assign a technical rating of 5 out of 10 to AMZN. AMZN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
AMZN has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
165.27
We found 4 important support areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AMZN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMZN is neutral. |
| ChartMill Relative Strength | 67.75 | NEUTRAL | AMZN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMZN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMZN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMZN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.32 | NEUTRAL | The RSI value for AMZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests AMZN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.39 | NEUTRAL | The Stochastics value for AMZN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for AMZN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for AMZN suggests a weak or negative trend. |
233.22
+4.06 (+1.77%)
ChartMill assigns a technical rating of 5 / 10 to AMZN.
The current trend direction for AMAZON.COM INC (AMZN) is Bearish.
AMAZON.COM INC (AMZN) has an RSI value of 52.3159. This indicates that the stock is currently neutral.
AMAZON.COM INC (AMZN) has a support level at 228.28 and a resistance level at 236.67. Check the full technical report for our detailed analysis of AMZN support and resistance levels.