AMAZON.COM INC (AMZN)

US0231351067 - Common Stock

179.83  +1.53 (+0.86%)

Premarket: 179.8 -0.03 (-0.02%)

Technical Rating and Analysis

10

Taking everything into account, AMZN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMZN has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AMZN is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by AMZN over the past year are nicely spread over this period.
AMZN is part of the Broadline Retail industry. There are 34 other stocks in this industry. AMZN outperforms 87% of them.
AMZN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AMZN has an average volume of 43985700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AMZN has a been trading in a tight range between 171.47 and 181.41.
Weekly and Daily overview Charts
AMZN Weekly chart
AMZN Daily chart
Setup Rating and Analysis

8

AMZN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 179.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 178.22, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

148.42

181.64

We found 2 important support areas.

  • A support zone ranging from 167.13 to 178.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @149.92 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 179.84 to 179.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.48
Mansfield1.19
10 Day High181.42
10 Day Low173.52
20 Day High181.42
20 Day Low171.47
52 Week High181.42
52 Week Low97.71
Performance
1 Week0.94%
2 Weeks1.85%
1 Month3.85%
3 Month18.36%
6 Month41.46%
12 Month74.1%
2 Year10.33%
3 Year16.24%
5 Year101.97%
10 Year969.27%
15 Year4797.33%
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)60.97
LBB172.34
UBB181.35
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
179.85173.516.34 (3.53%)25.00%
An entry @179.85. This is a Buy Stop order right above the resistance zone.An exit @173.51. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 6.34 points, which is 3.53%.For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMZN Daily chart

AMAZON.COM INC

NASDAQ:AMZN (3/27/2024, 8:00:00 PM)

Premarket: 179.8 -0.03 (-0.02%)

179.83

+1.53 (+0.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.86%
1 Week0.94%
2 Weeks1.85%
1 Month3.85%
3 Month18.36%
6 Month41.46%
12 Month74.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.35
ATR(20)%1.9%
ATR Inc
Range Today2.69
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High181.42
10 Day Low173.52
20 Day High181.42
20 Day Low171.47
52 Week High181.42
52 Week Low97.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume33.27M
Volume Incr-21.55%
Vol(5)30.71M
Vol(50)43.99M