Amazon.com (AMZN) spent 2 ½ years stuck in the red zone of the SIA S&P 500 Index Report but its relative strength has increased dramatically this year. Starting at the bottom of the red zone in January, AMZN has steadily marched back up the rankings and yesterday it returned to the Green Favored Zone for the first time since October of 2020. Yesterday AMZN finished in 119th place, up 8 spots on the day and up 174 positions in the last month.
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