• Return to Headlines

Amazon.com Has Returned 54.5% Since SmarTrend Recommendation (AMZN)

By Amy Schwartz

SmarTrend identified an Uptrend for Amazon.com (NASDAQ:AMZN) on February 17th, 2016 at $528.43. In approximately 8 months, Amazon.com has returned 54.48% as of today's recent price of $816.35.

In the past 52 weeks, Amazon.com share prices have been bracketed by a low of $414.55 and a high of $847.21 and are now at $816.35, 97% above that low price. The 200-day and 50-day moving averages have moved 0.65% higher and 1.65% higher over the past week, respectively.

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