Question 1

What implications does the 10-day RSI indicator have for AMZN?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AMZN's RSI Oscillator exited the oversold zone, 16 of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about AMZN's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did AMZN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on AMZN as a result. In 54 of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for AMZN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AMZN just turned positive on August 15, 2024. Looking at past instances where AMZN's MACD turned positive, the stock continued to rise in 37 of 49 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for AMZN?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where AMZN advanced for three days, in 231 of 332 cases, the price rose further within the following month. The odds of a continued upward trend are 70%.

Question 6

What does a 3-day decline signify for AMZN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMZN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does AMZN breaking above its upper Bollinger Band indicate?

Accepted Answer

AMZN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on AMZN's trend?

Accepted Answer

The Aroon Indicator for AMZN entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

AMZN Stock Amazon.com (AMZN, $184.3) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 7, 2024

AMZN in +2.56% Uptrend, rising for three consecutive days on August 09, 2024

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