AMAZON.COM INC (AMZN) Stock Technical Analysis
USA - NASDAQ:AMZN - US0231351067 - Common Stock
213.04 USD
-1.43 (-0.67%)
213.56 USD
+0.52 (+0.24%)
Overall AMZN gets a technical rating of 1 out of 10. AMZN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month AMZN has a been trading in the 211.03 - 230.56 range, which is quite wide. It is currently trading near the lows of this range.
AMZN has an average volume of 41654300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, AMZN outperforms 54% of them, which is more or less in line with the market.
AMZN is part of the Broadline Retail industry. There are 30 other stocks in this industry, AMZN did better than 41% of them.
AMZN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMZN is lagging the market.
AMZN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 213.03, a Stop Loss order could be placed below this zone.
More info and screens
165.27
244.49
We found 4 important support areas.
- A support zone ranging from 213.03 to 213.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.47 from a horizontal line in the daily time frame.
- Support @182.10 from a trend line in the weekly time frame.
- Support @166.94 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 217.76 to 221.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 224.88 to 225.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 231.44 to 237.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 242.06 to 242.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for AMZN is down. |
| ChartMill Relative Strength | 54.85 | NEUTRAL | AMZN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMZN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMZN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMZN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.05 | NEUTRAL | The RSI value for AMZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests AMZN has a negative trend. |
| Stochastics (14,3) | 14.2 | OVERSOLD | The low Stochastics value suggests AMZN may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for AMZN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for AMZN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
213.04
-1.43 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.67%
1 Week-1.54%
2 Weeks-2.95%
1 Month-7.97%
3 Month-5.79%
6 Month23.42%
12 Month12.73%
2 Year60.07%
3 Year107.97%
5 Year40.34%
10 Year580.75%
15 Year2478.71%
Volatility
ATR(14)5.55
ATR(20)%2.47%
ATR Inc-10.2%
Range Today3.77
ADR(20)5.14
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.85
Mansfield-0.94
10 Day High228.25
10 Day Low211.03
20 Day High230.57
20 Day Low211.03
52 Week High242.52
52 Week Low161.38
CS1 End213.03
CR1 Start217.76
Volume & EV
DER(3)-0.95%
DER(5)-0.32%
Volume45.99M
Volume Incr-10.4%
Vol(5)43.56M
Vol(50)41.65M