Price Position and Structural State
Amazon (AMZN) closed at 266.01 USDT on August 29, 2026, down 0.11%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 224.58 USDT, with resistance near 287.47 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
AMZN is trading above all key moving averages, but the move is still early rather than stretched. MA20 at 263.916 USDT stands as the first moving-average support area to watch. Price sits 3.26% above MA50, within a historical range of -11.21% to 19.28%. The structure is positive, but price remains close to its moving-average base, which limits extension risk for now.
Trading Friction and Price Efficiency
AMZN shows moderate trading friction, with a 3-day friction score of 49.5. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -3.31% in one day, showing clear position reduction. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is near neutral across the 24-hour and 7-day averages, at 0.000000% and +0.005984%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 1.28, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
AMZN shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | -0.113 | -0.069 | 0.013 | Inverse linkage |
| 60D | 0.097 | 0.086 | 0.009 | Weak linkage |
| 180D | 0.338 | 0.253 | 0.115 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
AMZN remains in a low-volatility setup. ATR% reads 2.18, close to the bottom of its full historical range, and Bollinger Band width% reads 7.14, close to the bottom of its full historical range. 20-day Volume Z-score is -1.25, so participation is not forcing a broader move yet.
ROC14 is +0.73%, while RSI is 54.58 and MACD histogram remains negative. Multi-day acceleration has improved, but the broader momentum picture is still incomplete.
The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. AMZN has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For AMZN, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 287.47 USDT establishes a bullish regime, while a daily close below 55-day support at 224.58 USDT confirms a bearish regime.