Amazon Com Inc (AMZN) Heads Up For the 2nd Day In A Row; in an Uptrend Over Past 90 Days

Amazon Com Inc 4 Hour Price Update

Updated August 06, 2020 04:33 PM GMT (12:33 PM EST)

AMZN traders saw its share price decline -0.38% ($-12.19) over the past four hours of trading. For context, Amazon Com Inc’s peers in the in the Retail industry are down -0.54% on average in this time, while its peers in the broader Technology sector are down by an average of -0.52%.

Amazon Com Inc Daily Price Recap

Amazon Com Inc is up 2.11% ($66.2) since the previous day, marking the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 16.86% from the day before — and down 3.6% from the same day the week before. Let’s take a look at the daily price chart of Amazon Com Inc.

AMZN

Amazon Com Inc Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 16 out of the past 30 days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to AMZN:

    $AMZN Will Friday be the usual "Amazon Red Friday" – or end the week green?

    YEAR 2020 FRIDAY PRICE CLOSES
    8-7 ???
    7-31 $3,164.68
    7-24 – $3,008.91
    7-17 – $2,961.97
    7-10 – 3,200.00
    7-2 – 2,890.30 (Thurs- Closed July 3rd, Fri)
    6-26 – 2,692.87
    6-19 2,675.01
    6-12 – 2,545.02
    6-5 – 2,483.00
    5-29 – 2,442.37
    5-22 – 2,436.88
    5-15 – 2,409.78
    5-8 – 2,379.61
    5-1 – 2,286.04
    4-24 – 2,410.22
    4- 17 – 2,375.00
    4-9 – 2,042.76 (Thurs- Closed Good Friday)
    4-3 – 1,906.59
    3-27- 1,900.10
    3-20 – 1,846.09
    3-13 – 1,785.00
    3-6 – 1,901.09
    2-28 – 1,883.75
    2-21 – 2,095.97
    2-14 – 2,134.87
    2-7 – 2,079.28
    1-31 – 2,008.72
    1-24 – 1,861.64
    1-17 – 1,864.72
    1-10 – 1,883.16
    1-3 – 1,874.97
    My source for Closing Prices
    https://finance.yahoo.com/quote/AMZN/history/

    derek_james