The Greedy Trader Weekly Analysis
Sign In May 18, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Amazon.com
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtRelative Strength Index and Lane's Stochastic bearish divergence
Daily :Williams' Percentage Range is overboughtThe price has risen above the Parabolic SAR20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a fifth positive week after 4 consecutive negative weeks for the Amazon.com (AMZN). During the week, the AMZN gained 21.96 points, or 1.39%, and closed at 1602.91 on Friday, May 11, 2018. Weekly volume was -28% below average.

AMZN is a member of Technology Sector. Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See AMZN long-term trend chart]
A long-term uptrend had started on October 1, 2001 at 5.51 and reached 1638.10 on April 27, 2018. AMZN gained -1632.59 points, or -29629.58%, in 864 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The uptrend resistance line (73.63) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See AMZN medium-term trend chart]
A medium-term uptrend had started on October 24, 2014 at 284.00 and reached 1638.10 on April 27, 2018. AMZN gained -1354.10 points, or -476.80%, in 183 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (1051.84) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See AMZN weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since April 6, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See AMZN short-term trend chart]
A short-term uptrend had started on April 4, 2018 at 1352.88 and reached 1638.10 on April 27, 2018. AMZN gained -285.22 points, or -21.08%, in 23 days. The price is now at the 12.34% retracement level.

Daily Technical Indicators: [See AMZN daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

The daily MACD line is above its signal line since April 16, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.95
Williams' Percentage Range (W%R) 12.10
Overbought
Lane's Stochastic (%D-Slow) 78.81
Greed/Fear Indicator (GFI) 77.54
Moving Average Converg./Diverg. (MACD) 26.91
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.34
Bearish
Williams' Percentage Range (W%R) 5.70
Strong Overbought
Lane's Stochastic (%D-Slow) 66.36
Bearish
Greed/Fear Indicator (GFI) 72.12
Moving Average Converg./Diverg. (MACD) 113.86
Trading Signals
Description Value Chart
Monthly Trendline Resistance 1889.52
Upper Bollinger Band 1653.89
Price 1602.91
Daily Stochastic Crossing 1600.13
Weekly Stochastic Crossing 1556.23
Parabolic System 1556.06
20 Day Moving Average 1548.49
50 Day Moving Average 1520.09
Monthly Trendline Support 1458.71
Lower Bollinger Band 1452.44
Quarterly Trendline Resistance 1325.39
Sector and Industry
Description Name Rank
Sector Technology 8
Industry Internet Software & Svcs 141
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 1546.02
Low Date 05/03/2018
High 1615.60
High Date 05/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1352.88
Low Date 04/04/2018
High 1638.10
High Date 04/27/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 1889.52
Support 1458.71
Low 931.75
Low Date 09/26/2017
High 1638.10
High Date 04/27/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 1325.39
Support 1051.84
Low 284.00
Low Date 10/24/2014
High 1638.10
High Date 04/27/2018
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Broken Resistance
Resistance 535.07
Support 73.63
Low 5.51
Low Date 10/01/2001
High 1638.10
High Date 04/27/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.