Amazon shows Mean Deviation of 1.04 and Risk Adjusted Performance of 0.0663. Amazon technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Amazon which can be compared to its rivals. Please confirm AmazonCoefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if Amazon is priced correctly providing market reflects its regular price of 1812.97 per share. Given that Amazon has Jensen Alpha of 0.1887, we suggest you validate Amazon prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was twelve with a total number of output elements of five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Amazon volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Amazon Trend Analysis
Use this graph to draw trend lines for Amazon. You can use it to identify possible trend reversals for Amazon as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Amazon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Amazon Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amazon applied against its price change over selected period. The best fit line has a slop of 10.17 % which means Amazon will continue producing value for investors. It has 34 observation points and a regression sum of squares at 84415.88, which is the sum of squared deviations for the predicted Amazon price change compared to its average price change.
Current Sentiment - AMZN
Amazon Investor Sentiment
Majority of Macroaxis users are presently bullish on Amazon. What is your sentiment towards investing in Amazon? Are you bullish or bearish?