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Amazon.com Has Returned 26.4% Since SmarTrend Recommendation (AMZN)

By Nick Russo

SmarTrend identified an Uptrend for Amazon.com (NASDAQ:AMZN) on November 22nd, 2016 at $786.70. In approximately 7 months, Amazon.com has returned 26.37% as of today's recent price of $994.14.

In the past 52 weeks, shares of Amazon.com have traded between a low of $414.55 and a high of $1017.00 and are now at $994.14, which is 140% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.6%.

Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company's products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Amazon.com shares.

Log in and add Amazon.com (AMZN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Amazon.com

Ticker(s): AMZN