Short term: Prices are moving.
Intermediate term: Prices are trending.
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. is extremely low when compared to the average over the last 10 periods. There is a good possibility that there will be an increase in along with sharp price fluctuations in the near future. Our indicators reflect flowing into and out of AMZN .O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently on AMZN .O and have had this outlook for the last 40 periods.