Note: this chart shows extraordinary price action to the upside.
By the way, prices are vulnerable to a correction towards 1,363.62.
The projected upper bound is: 1,575.98.
The projected lower bound is: 1,436.91.
The projected closing price is: 1,506.44.
AMAZON COM is currently 36.0% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of AMZN.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on AMZN.O and have had this outlook for the last 40 periods.
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