Amazon Com Inc (AMZN) Up 2.93%; in an Uptrend Over Past 14 Days

Amazon Com Inc 4 Hour Price Update

Updated July 01, 2020 04:27 PM GMT (12:27 PM EST)

In the past four hours of today’s trading session, AMZN’s price is up $56.01 (2.03%). To help put that in perspective, note that Amazon Com Inc’s peers in the in the Retail industry are down -2.05% on average during this time, while its counterparts in the broader Technology sector are down by an average of -0.67%.

Amazon Com Inc Daily Price Recap

2758.82 was the closing price of the day for Amazon Com Inc, resulting in today being one in which price moved up 2.93% ($78.44) from the day prior. This move happened on lower volume, as yesterday’s volume was down 10.2% from the day before — and down 35.27% from the same day the week before. Let’s take a look at the daily price chart of Amazon Com Inc.

Amazon Com Inc Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For another vantage point, consider that Amazon Com Inc’s price has gone up 9 of the previous 14 trading days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about AMZN:

    @cnbc whopner is worried abt the "valuation of $SPLK" it's dirt cheap relative to $ZM. am not talking profits. who cares right now. It is that ZM stock =100x FY sales!!! never seen that b4 not even pot stocks highs. so if u buy stock here ur prepaying 100years worth of sales. ur expectations are massive. i'd rather spend 5x sales for 30% growth $amzn or even $SHOP at 50x +that is outrageous.