Amazon (AMZN, $1,656.22) to Foray into Online Videogame Streaming
According to a recent Information Report, Amazon has upped its services by foraying to develop an online videogame steaming service that would stream gameplay over the internet.
Currently, the videogame sector is undergoing a paradigm distribution shift from its earlier physical discs to online download. In light of this shift, the emergence of game streaming services will be a significant development, as it may release players from the pressure of buying expensive hardware as the processing power needed to play complex games shifts to data centers, simplifying user devices.
According to Amazon, this service will not hit the market until early next year as the company is yet to collaborate with game publishers, whom they have recently approached to consider bringing their content to the streaming service.
However, the development of a Web-based gaming hub would mark a significant step for Amazon in a market place already inhabiting players like Microsoft (MSFT) and Google (GOOGL, GOOG).
Expected to bring top-notch games to virtually anyone with a smartphone or streaming device, the service is expected to provide the customers a wider universe of gaming content through a monthly subscription. For Amazon, it is expected to bring a steady revenue stream along with a broader pool of potential customers for its other businesses.
Advantages for Amazon for foraying into this business – one, its massive online store; two, direct access to a broad set of internet customers, as it leads the global cloud computing industry commanding 32% market share compared to Microsoft Azure’s 17% and Google Cloud’s 8%.
This new development follows Amazon’s cloud-based service launched last spring called the GameOn cloud service that helps developers easily add leader boards, competitions, invites, and giveaways into games.
AMZN in upward trend: price rose above 50-day moving average on September 11, 2026
AMZN moved above its 50-day moving average on September 11, 2026 date and that indicates a change from a downward trend to an upward trend. In 32 of 36 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 89%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Momentum Indicator moved above the 0 level on September 11, 2026. You may want to consider a long position or call options on AMZN as a result. In 55 of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
Following a +1.56% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMZN advanced for three days, in 230 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for AMZN turned negative on August 17, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 54 similar instances when the indicator turned negative. In 32 of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at 59%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMZN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 59%.
The Aroon Indicator for AMZN entered a downward trend on September 11, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 33 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 46 (best 1 - 100 worst), indicating steady price growth. AMZN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 51 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is 87 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 89 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.020) is normal, around the industry mean (34.660). P/E Ratio (20.658) is within average values for comparable stocks, (39.739). Projected Growth (PEG Ratio) (1.503) is also within normal values, averaging (1.080). Dividend Yield (0.000) settles around the average of (0.086) among similar stocks. AMZN's P/S Ratio (3.598) is slightly higher than the industry average of (1.343).
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General Information
a provider of on-line retail shopping services
Industry InternetRetail
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