AMAZON.COM INC (AMZN)       102.22  +0.04 (+0.04%)

102.22  +0.04 (+0.04%)

US0231351067 - Common Stock

Technical Rating

4

Taking everything into account, AMZN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMZN was also a bad performer in the overall market in the last year.



AMZN has an average volume of 77517000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AMZN is an average performer in the Internet & Direct Marketing Retail industry, it outperforms 47% of 80 stocks in the same industry.
In the last month AMZN has a been trading in the 87.08 - 114.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
82% of all other stocks performed better in the past year than AMZN.
AMZN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 18.70% 1.38% -28.82% -33.34% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 18.31 81.43 - 170.832
AMZN Weekly chart
AMZN Daily chart

Support/Resistance Analysis


91.58

117.24
We found 1 important support area.
  • A support zone ranging from 92.50 to 93.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
  • A resistance zone ranging from 102.23 to 103.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @112.91 from a horizontal line in the daily time frame.
  • Resistance @116.08 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

3

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.


AMZN Daily chart

AMAZON.COM INC102.22

NASDAQ:AMZN (2/7/2023, 2:50:05 PM)+0.04 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Internet & Direct Marketing Retail

Performance
Today 0.04% 1 Week 1.62%
2 Weeks 4.78% 1 Month 18.7%
3 Month 1.38% 6 Month -28.82%

Volatility
ATR(14) 4.34 ATR(20)% 4.09%
ATR Inc 75.67% Range Today 4.22

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 18.31 Mansfield -1.52
10 Day High 114 10 Day Low 91.52
20 Day High 114 20 Day Low 87.08
52 Week High 170.83 52 Week Low 81.43
CS1 End 93.68 CR1 Start 102.23

Volume & EV
DER(3) -0.05% DER(5) 1.31%
Volume 101.38M Volume Incr 39.89%
Vol(5) 106.29M Vol(50) 77.52M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA