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Amazon Technical Analysis - Amazon Trading: 2022-06-15
Amazon Technical Analysis Summary
Below 101.77
Sell Stop
Above 120.97
Stop Loss
| Indicator | Signal |
| RSI | Buy |
| MACD | Sell |
| Donchian Channel | Sell |
| MA(200) | Sell |
| Fractals | Sell |
| Parabolic SAR | Sell |
Amazon Chart Analysis
Amazon Technical Analysis
The technical analysis of the AMAZON stock price chart on 4-hour timeframe shows #S-AMZN,H4 is falling under the 200-day moving average MA(200) after multiple tests of resistance while the RSI indicator is in oversold zone. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 101.31. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the fractal high at 120.97. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (120.97) without reaching the order (101.77), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Stocks - Amazon
AMAZON stock fell after the company offered to share marketplace data with sellers and boost the visibility of rival products on its platform. Will the AMAZON stock price retreating reverse?
Amazon.com, Inc. sells merchandise and content purchased for resale from third-party sellers through physical and online stores, as well as manufactures and sells electronic devices, including Kindle, Fire tablets and other devices. Company’s market capitalization is $1.06 Trillion. Amazon stock trades at price-to-earnings (P/E) ratio of 49.72 for trailing twelve months (ttm). Over the past 12 months, it has generated revenue of $477.8 billion, Return on Assets (ttm) of 3.40% and Return on Equity (ttm) 18.05%. Amazon offered yesterday to share marketplace data with sellers and boost the visibility of rival products on its platform. The company is trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year. The European Commission in 2020 charged Amazon with abusing its size, power and data to push its own products and gain an unfair advantage over rival merchants that sell on its online platform. The world's largest online retailer is hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover. Stock price closed down 5.5% over day despite the news.
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