AMAZON.COM INC (AMZN) Technical Analysis
NASDAQ:AMZN • US0231351067
Current stock price
AMZN Technical Rating and Analysis
Taking everything into account, AMZN scores 0 out of 10 in our technical rating. AMZN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AMZN is a bad performer in the overall market: 69% of all stocks are doing better.
- In the last month AMZN has a been trading in the 199.14 - 220.47 range, which is quite wide. It is currently trading near the lows of this range.
- AMZN has an average volume of 52458000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AMZN is an average performer in the Broadline Retail industry, it outperforms 62% of 30 stocks in the same industry.
- AMZN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMZN is lagging the market slightly.
AMZN Weekly and Daily overview Charts
AMZN Setup Rating and Analysis
The technical rating of AMZN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AMZN Support and Resistance Analysis
165.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 198.78 to 198.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @177.09 from a trend line in the weekly time frame.
- Support @166.94 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 208.26 to 219.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @239.75 from a trend line in the daily time frame.
- Resistance @254.00 from a horizontal line in the daily time frame.
AMZN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AMZN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMZN is down. |
| ChartMill Relative Strength | 31.76 | 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) | 37.76 | NEUTRAL | The RSI value for AMZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests AMZN has a negative trend. |
| Stochastics (14,3) | 27.8 | NEUTRAL | The Stochastics value for AMZN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for AMZN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for AMZN suggests a weak or negative trend. |
AMZN Chart- and CandleStick Pattern Analysis
AMZN Technicals: Chart, Performance Metrics, Trend & Indicators
199.34
-8.2 (-3.95%)
AMAZON.COM INC / AMZN TA FAQ
Can you provide the ChartMill technical rating for AMAZON.COM INC?
ChartMill assigns a technical rating of 0 / 10 to AMZN.
What is the current trend direction of AMAZON.COM INC (AMZN) stock?
The current trend direction for AMAZON.COM INC (AMZN) is Bearish.
What is the RSI signal for AMZN stock?
AMAZON.COM INC (AMZN) has an RSI value of 37.7561. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMAZON.COM INC?
The MACD indicator for AMAZON.COM INC (AMZN) has a value of -0.348743, indicating a bearish trend.
What is the buy/sell signal for AMZN stock?
The buy/sell signal for AMAZON.COM INC (AMZN) is sell as both the short term and long term trends are negative.