AMAZON.COM INC (AMZN)

US0231351067 - Common Stock

188  -0.76 (-0.4%)

After market: 187.95 -0.05 (-0.03%)

Technical Rating and Analysis

10

Overall AMZN gets a technical rating of 10 out of 10. 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!
Looking at the yearly performance, AMZN did better than 91% of all other stocks. On top of that, AMZN also shows a nice and consistent pattern of rising prices.
AMZN is one of the better performing stocks in the Broadline Retail industry, it outperforms 81% of 33 stocks in the same industry.
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.
In the last month AMZN has a been trading in the 166.32 - 189.94 range, which is quite wide. It is currently trading near the high of this range.
AMZN has an average volume of 39684700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
AMZN Weekly chart
AMZN Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, AMZN 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 188.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 182.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

154.82

190.95

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 177.60 to 182.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 171.96 to 174.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @156.38 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 188.01 to 189.06. 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
CRS91.39
Mansfield1.39
10 Day High189.94
10 Day Low166.32
20 Day High189.94
20 Day Low166.32
52 Week High189.94
52 Week Low109.25
Performance
1 Week5.03%
2 Weeks6.46%
1 Month1.1%
3 Month7.77%
6 Month30.96%
12 Month70.51%
2 Year56.39%
3 Year16.66%
5 Year111.82%
10 Year1103.01%
15 Year4721.13%
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)0.97
RSI(14)59.95
LBB170.46
UBB191.34
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
189.07177.5911.48 (6.07%)16.47%
An entry @189.07. This is a Buy Stop order right above the resistance zone.An exit @177.59. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 11.48 points, which is 6.07%.For a 1.00% total portfolio risk, you can invest 16.47% 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 (5/8/2024, 9:41:27 PM)

After market: 187.95 -0.05 (-0.03%)

188

-0.76 (-0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.4%
1 Week5.03%
2 Weeks6.46%
1 Month1.1%
3 Month7.77%
6 Month30.96%
12 Month70.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.45
ATR(20)%2.69%
ATR Inc
Range Today2.05
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 High189.94
10 Day Low166.32
20 Day High189.94
20 Day Low166.32
52 Week High189.94
52 Week Low109.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume26.14M
Volume Incr-18%
Vol(5)37.68M
Vol(50)39.68M