Multi-Timeframe analysis: Amazon (May 2021)

Multi-Timeframe Analysis:

Hourly Chart: Flat Top (Neutral)

Daily Chart: Moving toward its support line. (Neutral- Bearish)

Weekly Chart: Doji at the middle of the regression channel (Neutral)

Monthly Chart: Pure sideway between 3550-2870 in the past 9 months. (Neutral)

Daily average trading value (YTD): Trading 37% below YTD (money outflow) ( Bearish )

Weekly average trading value: Trading36% below last trading year average. (money outflow) ( Bearish )

Monthly average trading value: Trading 15% below last trading year average. (money outflow) ( Bearish )

Conclusion: Neutral to Bearish in a sideway channel