Amazon Technical Analysis Overview

AMZN -- USA Stock  

USD 1,740  49.37  2.76%

Amazon shows Mean Deviation of 1.56 and Risk Adjusted Performance of 0.18. 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 Amazon Coefficient 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 1739.93 per share. Given that Amazon has Jensen Alpha of 0.43, we suggest you validate Amazon prevailing market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Amazon Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 11.43 % which may suggest that Amazon market price will keep on failing further. It has 34 observation points and a regression sum of squares at 106615.38, which is the sum of squared deviations for the predicted Amazon price change compared to its average price change.

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Amazon Market Strength

Amazon October 23, 2018 Daily Price Condition

Check also Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.