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Amazon.Com Inc Bearish Moving Average Crossover Alert (AMZN)

By David Diaz

Today, shares of Amazon.Com Inc (NASDAQ:AMZN) have crossed bearishly below their 10-day moving average of $1823.41 on a volume of 1.1 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Amazon.Com Inc has traded in a range of $1307.00 to $2035.80 and is now at $1811.66, 39% above that low. The 200-day and 50-day moving averages have moved 0.44% higher and 0.46% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Amazon.Com Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Amazon.Com Inc in search of a potential trend change.

Keywords: moving crosses amazon.com inc

Ticker(s): AMZN