Exclusive Coverage of Amazon Stock Price Prediction: Fundamentals Insights, Technical Levels and Numerology Projections
EVENT SEER NEWS gives an exclusive analysis of Amazon stock price target. Our detailed research delves into the most recent update on the AMZN Stock Price (A) fundamentals, examines the company’s future from a (B) numerological standpoint, and provides a (C) technical analysis of the stock price over the next three years.
Contents
Here’s a quick look at Amazon Stock fundamentals
Amazon Stock Listing
Amazon.com, Inc. is a widely recognized and respected multinational technology company that operates in various industries such as e-commerce, cloud computing, digital streaming, and artificial intelligence. Amazon Stock is publicly listed on the Nasdaq stock exchange under the symbol AMZN
Amazon Company Overview:
- Amazon.com, Inc. was founded as an online bookstore in 1994 and has since grown into a global technology giant.
- Headquartered in Seattle, Washington, the company operates in North America, international markets, and Amazon Web Services (AWS).
Financial Standing
Market capitalization is approximately $1483.55B
Retail Domination
- Engages in retail sales of consumer products and subscriptions through online and physical stores worldwide.
- Product offerings include merchandise, content for resale, and items from third-party sellers.
- They manufacture and sell a range of electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo.
Media Content Production
- Develops and produces diverse media content for various platforms.
- Offers programs for authors, musicians, filmmakers, Twitch streamers, app developers, and more to publish and sell their content.
Technological Services
- Amazon Web Services (AWS) offers a range of services, including computing, storage, databases, analytics, and machine learning.
- Offers fulfillment, advertising, and digital content subscriptions.
Positive Fundamentals of Amazon Equity
- Net profit increases with steady amazon earnings growth.
- The last four quarters have seen EPS rise.
- Our debt-to-equity ratio is 0.56, down from last quarter.
- The stock price is up almost 45% since last year.
- Growth in net income is expected this year.
- Market Leader in the Worldwide Broadline Consumer Discretionary (Retail) Sector
Concerning Fundamentals of Amazon Equity
- High earnings multiple on the market and Amazon book value is 7.94
- The company has consistently made money, but it has not yet paid out dividends.
- Pressure to satisfy domestic demand via the local supply chain
- Sustaining debt to meet international demand
- Gross margins have fallen since the previous quarter.
Explore Amazon Stock Price Prediction through Numerology Insights
We will study both numerology charts for the Amazon company (incorporation date) and Amazon share price prediction (considering AMZN stock registration date at Nasdaq).
Amazon Numerology Analysis with Incorporation Date
Birth and Destiny Number: SWOT Analysis of Amazon
Amazon was officially incorporated on July 5, 1994. According to numerology, since the company’s birth number is 5, which is associated with the prince in numbers, the most suitable profession for the company is consumer discretionary. This is because number 5 is related to the land and trading profession, indicating that Amazon has become a leading global player in consumer discretionary or retail trading due to the vibes of Birth Number 5.
Destiny Number 8 (Wisdom), also known as the Wisdom number, belongs to the Silver line of Numerology which includes the numbers 2, 5, and 8 that help in accelerating the business of trading related to land, agriculture and online-based business.
Birth Number 5 & Destiny Number 8 Analysis: It is interesting to note that Amazon’s company have a Birth Number of 5 and a Destiny Number of 8. This numerology combination gives the company a strong ability to excel in the areas of land and agricultural products, as well as trading expertise worldwide.
“AMAZON” Name is considered good in numerology calculation. The total comes to 7 (Exploration) as the name number, which is associated with research, analytical and detailed approach towards managing the core business.
Stock Price Numerology of Amazon
Amazon’s stock was listed on the stock exchange on May 15, 1997. In the stock market, the birth number 6 is considered to be the most auspicious number as it is believed to bring wealth and fame. This is why Amazon’s stock price has given a 159411% return since it was listed back in 1997.
Amazon Stock Price Prediction 2023
Based on numerology, Amazon’s stock listed on the Nasdaq is currently in a personal year 9, which is regarded as a critical and challenging phase for the company. However, this year is also marked by good returns in Amazon stock, as the company’s numerology indicates a personal year 1. Both of these personal years are positive for the company’s stock.
Amazon Stock Price Prediction 2024
According to numerology, Amazon’s stock is in a personal year 1 which is considered powerful and valuable to birth numbers. Furthermore, the stock’s destiny number is also 1. This indicates that there will be high returns on Amazon’s stock in the year 2024.
Amazon Stock Price Prediction 2025
According to numerology, Amazon is in a personal year 2 (the year 2025), which is a year of consolidation with considerable stock returns. Volatility may be seen this year, but overall, Amazon will trade positively.
Amazon Stock Price Prediction 2030
According to numerology, stocks have strong chances of trading in multiples of 4x returns between 2023 and 2030.
Amazon Stock Technical Analysis for Investors & Traders
At EventSeer News, we prioritize investing and positional trading over short-term equity or futures trading. We will analyze stock prices based on weekly and monthly charts, and provide the closest year-wise price prediction which also answers queries like, will Amazon stock go up, why is Amazon stock falling etc.
Monthly Chart of Amazon Stock Price
According to the monthly chart, Amazon is currently on the positive side. The RSI has given a breakout signal, which is highlighted in the bottom part of the chart and is ready to cross the 60-level mark. However, this will be the first time, Amazon to test the 60-level RSI mark from the downside, so it might face resistance and the stock price could come down later. There is a good chance that the price level of 178 could be reached, with an expected return of 22%, but at that point, it might face resistance in the year 2024. Traders and Investors can decide on their own in perspective of technicals.
Weekly Chart of Amazon Stock Price
Based on the weekly chart, it seems that a bullish candle formation has been observed at EMA 50 & EMA 200 with a crossover, which is considered to be the best possible scenario for Amazon’s stock price. The RSI is also trading above 60 on the weekly chart. All the parameters indicate that Amazon is likely to trade on the positive side and reach the immediate target of $188.
Post Disclaimer: Our team would like to clarify that we currently do not hold shares of Amazon Stock. However, we want to assure you that our recommendations are genuine and based on a thorough analysis of various parameters. We also want to caution you that price predictions can vary, and therefore, we strongly advise against making any trades based solely on our report unless you have a strong conviction in the stock or company. Please consult with your financial advisor before making any decision.
