Amazon (AMZN), Apr 29, 2022

US stock · 60 daily candles up to Apr 28, 2022

AMZN daily candles before 2022-04-29; the event day is hidden174.56159.65144.75129.84

Did AMZN close higher or lower on Apr 29, 2022?

Compared with the previous close. The hidden candle is the dashed box.

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AMZN daily candles around 2022-04-29, with the event day highlighted177.67150.30122.9495.57

AMZN closed down 14.05% at 124.28.

The hidden day

Over the prior 20 sessions it lost 13.0%, and RSI(14) sat near 42 (neutral).

Opening gap
-10.20%
Day range
6.31%
Volume vs 50-day avg
4.1×

What happened next

Next session
+0.18%
5 sessions later
-7.65%
20 sessions later
-7.35%

Measured from the event-day close.

Background

Amazon posted its first quarterly loss since 2015, including a $7.6 billion loss on its Rivian stake, and guided Q2 revenue below estimates. It was the stock's worst day since 2006.

Source: CNBC — Amazon shares fall 14% for worst day since 2006

What you can see before the call

Last visible close
144.60
20-session trend
-13.0%
RSI (14)
42
vs 50-day SMA
-5.7%
vs 200-day SMA
-11.9%
vs 52-week high
-23.4%

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Historical practice only. Past price moves say nothing certain about the next one, and nothing here is investment advice.