AMZN Trading Predictions

AMZN trading chart for 2025-04-08

1 Day Prediction

Target: April 9, 2025
Close

$182

Open

$180

High

$185

Low

$179

Description

The stock shows a slight recovery after recent declines, supported by a potential bullish reversal pattern. However, the RSI indicates oversold conditions, suggesting a cautious approach. Volume remains elevated, indicating interest.

Analysis

AMZN has experienced significant volatility, with a bearish trend dominating the last month. Key support at $171.00 has been tested, while resistance is around $196.00. The MACD shows bearish momentum, but recent candlestick patterns hint at potential reversals.

Confidence Level

7/10

Potential Risks

Market volatility and external news could impact the prediction. A bearish trend may continue if selling pressure persists.

1 Week Prediction

Target: April 16, 2025
Close

$185.5

Open

$182

High

$190

Low

$178

Description

A potential short-term recovery is anticipated as the stock approaches key support levels. The MACD may show signs of convergence, indicating a possible bullish reversal. However, market sentiment remains cautious.

Analysis

The stock has been in a bearish phase, with significant volume spikes indicating selling pressure. Support at $171.00 is critical, while resistance at $196.00 looms. The RSI is recovering, suggesting potential upward movement, but caution is warranted.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events or earnings reports could lead to volatility, impacting the stock's recovery.

1 Month Prediction

Target: May 8, 2025
Close

$190

Open

$185

High

$195

Low

$180

Description

A gradual recovery is expected as the stock stabilizes around key support levels. The RSI may indicate a bullish divergence, while the MACD could show a crossover. However, external factors may still pose risks.

Analysis

AMZN's performance has been characterized by high volatility and bearish trends. Key support at $171.00 has held, but resistance at $196.00 remains a challenge. The stock's recovery potential is supported by technical indicators, but caution is advised.

Confidence Level

7/10

Potential Risks

Market sentiment could shift rapidly due to economic data releases or geopolitical events, affecting the stock's trajectory.

3 Months Prediction

Target: July 8, 2025
Close

$200

Open

$195

High

$210

Low

$190

Description

Long-term recovery is anticipated as the stock stabilizes and market sentiment improves. The MACD may indicate bullish momentum, while the RSI could remain in a healthy range. However, macroeconomic factors could still impact performance.

Analysis

Over the past three months, AMZN has faced significant challenges, with a bearish trend dominating. Key support levels have been tested, and while there are signs of recovery, external factors could influence future performance. The stock's outlook remains uncertain.

Confidence Level

6/10

Potential Risks

Potential economic downturns or changes in consumer behavior could hinder recovery, leading to unexpected volatility.