Amazon stock closed marginally above 1900 USD
March 8, 2020
Amazon.com, Inc. (AMZN) stock closed at 1,901.09-22.94 (-1.19%) on Friday, March 6, 2020. It made a bounce off the 1870 level. Still technical analysis for Amazon stock shows a negative MACD crossover. Amazon stock has declined from the recent 2150 level, but it still has a PE Ratio (TTM) 82.62, and a Beta (5Y Monthly) of 1.54. It could have stock price volatility in the near future. Investing in stocks with the latest spike in volatlity adds more risks. Check the Amazon stock chart below, analyze the fundamentals and its valuation before deciding to buy the stock or sell the stock.
Stock market data: Stockcharts.com, Yahoo Finance