AMZN Trading Predictions
1 Day Prediction
Target: April 4, 2025$185.5
$184.5
$188
$182
Description
The stock shows bearish momentum with a recent downtrend. The RSI indicates oversold conditions, but a potential bounce could occur. MACD is negative, suggesting continued weakness. Volume spikes on down days indicate selling pressure.
Analysis
AMZN has been in a bearish trend over the past three months, with significant support around $182. Recent candlestick patterns show indecision, and the ATR indicates increased volatility. The overall sentiment is cautious, influenced by macroeconomic factors.
Confidence Level
Potential Risks
Market volatility and potential news could impact the prediction. A reversal pattern could emerge if buying interest increases.
1 Week Prediction
Target: April 11, 2025$187
$185
$190
$180
Description
The stock may see a slight recovery as it approaches key support levels. However, bearish signals persist with MACD and RSI still indicating weakness. A potential reversal could occur if buying volume increases significantly.
Analysis
AMZN's performance has been characterized by a downward trend, with resistance at $190. The recent increase in volume on down days suggests persistent selling. Technical indicators show bearish momentum, but a potential bounce could occur if support holds.
Confidence Level
Potential Risks
Unforeseen market events or earnings reports could lead to volatility. The bearish trend may continue if selling pressure remains strong.
1 Month Prediction
Target: May 3, 2025$190
$185.5
$195
$178
Description
A potential recovery could materialize as the stock approaches historical support levels. However, bearish indicators remain, and the market sentiment is cautious. A sustained rally would require increased buying volume.
Analysis
Over the past three months, AMZN has faced significant selling pressure, with key support around $178. The stock's volatility is high, and technical indicators suggest a bearish outlook. A balanced view indicates potential for both recovery and further declines.
Confidence Level
Potential Risks
Market conditions and external economic factors could hinder recovery. The bearish trend may persist if selling pressure continues.
3 Months Prediction
Target: July 3, 2025$195
$190
$200
$175
Description
If the stock can stabilize above key support levels, a gradual recovery may occur. However, bearish trends persist, and external factors could impact performance. A cautious approach is advised.
Analysis
AMZN's performance has been bearish, with significant resistance at $200. The stock's volatility is concerning, and technical indicators suggest a lack of bullish momentum. A balanced view indicates risks of further declines alongside potential recovery.
Confidence Level
Potential Risks
Economic conditions and market sentiment could lead to further declines. The potential for a bearish continuation remains high.