Notwithstanding Technical Glitch, Amazon Prime Day Makes Blockbuster Sales
Amazon’s bonanza day had its share of glitches. Touted as ‘Amazon Prime Day’, the e-commerce giant’s massive discount event apparently saw several shoppers frustrated by technical faults on its website and app.
In addition to speed bumps on shopping (mainly in the first hour of the event day that started at 3 P.M Eastern time Monday), customers also faced troubles streaming content on Amazon Prime Video and connecting to AI voice assistant Alexa – as indicated by user reports on DownDetector.com. Many people took to social media and tagged the event as “#PrimeDayFail”.
The technical hiccups, however, could not stop this year’s Prime Day from outshining last year’s event. Recovering from initial hours of technical trouble, total sales on Amazon’s website and app climbed 89% in the first 12 hours of the event compared to the same period last year, according to software firm Feedvisor. This year, Amazon upped the ante by extending the Prime Day period to 36 hours, compared to last year’s 30 hours.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
AMZN's Stochastic Oscillator is staying in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
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 Momentum Indicator moved below the 0 level on September 14, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AMZN as a result. In 42 of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 55%.
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%.
AMZN moved below its 50-day moving average on September 14, 2026 date and that indicates a change from an upward trend to a downward trend.
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 14, 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 52 (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 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 (4.958) is normal, around the industry mean (34.700). P/E Ratio (20.397) is within average values for comparable stocks, (39.840). AMZN's Projected Growth (PEG Ratio) (1.484) is slightly higher than the industry average of (1.016). Dividend Yield (0.000) settles around the average of (0.085) among similar stocks. AMZN's P/S Ratio (3.554) is slightly higher than the industry average of (1.352).
The Tickeron PE Growth Rating for this company is 89 (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.
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General Information
a provider of on-line retail shopping services
Industry InternetRetail
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