Amazon.com
Long

AMZN End Of Week Evaluation

70
*** Comments prior to evaluation summary ***
SWIFT Projected Range for coming week: 3265.96 - 3467.52 (Mean: 3366.89)

Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions

Price Action:
Weekly: The average price range currently is 225.96 points/ticks/pips. Prices are currently 1.52x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 2871 and 3552.25.
While in consolidation the trade range may decrease to 139.05 points/ticks/pips.


Standard Deviation
Weekly: Standard deviation suggests a range from 2990.15 to 3583.15 for the following week.

Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 3147.01 to 3426.29 for the following week.

Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 3913.64
If strength and attitude continue, it could take between 4 to 8 trade periods (weeks) to reach the projection.

Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 70.00% are bullish, 10.00% are bearish, 20.00% are neutral

The CCI indicator trading strategy suggest the following:
Weekly: Strongly bullish - longs closed.

Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Close/Cover directional trades, profit taking/trend switch in process.

Declinazione di responsabilità

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