Amazon leans on SMA support - Analysis - 15-09-2021

2021-09-15 12:07:20 GMT (Economies.com)
 

Amazon's stock fell 0.21% in the last session amid negative signals from the RSI while gathering momentum to help it rise anew, leaning thereafter on the 50-day SMA, with the dominance of the upward medium-term trend. 

 

Therefore we expect the stock to return higher, targeting the resistance of 3,576.95, provided the support of 3,389.00 holds on.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1736
0.0022
0.1904%
1.3719
0.0043
0.3177%
Tadawul
11270.57
-40.58
0.36%
22.663
0.362
1.623%
73.361
2.428
3.423%
77.25
1.03
1.35%
1750.975
-5.830
0.332%
 
 
News Today