Amazon (AMZN, $1,843.55) and Microsoft (MSFT, $120.08) compete for $10 billion DOD deal
Defense Department spokeswoman Elissa Smith on Thursday announced that Amazon Web Services (AWS) and Microsoft are the only two companies that meet the minimum requirements for the U.S. Defense Department’s contract for cloud computing services,after IBM and Oracle have been ruled out. The deal, known as JEDI, will be awarded to one of the two companies in July 2019.
U.S Defense Department eliminated IBM and Oracle from its cloud computing services contract that could be worth as much as $10 billion in the next 10 years. This is a major loss for IBM and Oracle as it would have helped them overtake Amazon and Microsoft in the public cloud market.
However, the deal is only one element in the DOD’s overall mission to modernize information technology as the deal demands multiple clouds from multiple vendors.
The Pentagon has allocated $61.9 million for JEDI in the budget for the 2020 fiscal year.
AMZN's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for AMZN turned positive on April 01, 2026. Looking at past instances where AMZN's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 01, 2026. You may want to consider a long position or call options on AMZN as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
AMZN moved above its 50-day moving average on April 08, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for AMZN crossed bullishly above the 50-day moving average on April 10, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMZN advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 of 62 cases within the following month. The odds of a continued downward trend are .
AMZN broke above its upper Bollinger Band on April 14, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for AMZN entered a downward trend on April 07, 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.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding 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 SMR rating for this company is (best 1 - 100 worst), indicating 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (6.540) is normal, around the industry mean (95.595). P/E Ratio (34.855) is within average values for comparable stocks, (35.160). Projected Growth (PEG Ratio) (1.808) is also within normal values, averaging (2.757). Dividend Yield (0.000) settles around the average of (0.066) among similar stocks. P/S Ratio (3.774) is also within normal values, averaging (10.498).
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General Information
a provider of on-line retail shopping services
Industry InternetRetail
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