AMZN Trading Predictions
1 Day Prediction
Target: April 10, 2025$170
$171
$172
$168
Description
Given the recent bearish trend and the significant drop in price, the prediction reflects a cautious outlook. The RSI indicates oversold conditions, but the MACD shows a bearish crossover. Volume remains high, suggesting continued selling pressure.
Analysis
AMZN has shown a bearish trend over the past three months, with significant support around $170. The recent high volume indicates strong selling pressure. Technical indicators like the MACD and RSI suggest potential for a short-term bounce, but overall sentiment remains negative.
Confidence Level
Potential Risks
Market sentiment is volatile, and any unexpected news could lead to further declines or a reversal.
1 Week Prediction
Target: April 17, 2025$172.5
$170
$175
$169
Description
The prediction anticipates a slight recovery as the stock may find support at $170. The RSI is approaching neutral, indicating potential for a bounce. However, the overall bearish trend remains a concern.
Analysis
The stock has been in a downtrend, with key support at $170. The recent high volume suggests strong selling, but a potential reversal could occur if the stock holds above this level. Technical indicators show mixed signals, indicating uncertainty.
Confidence Level
Potential Risks
Continued bearish sentiment and macroeconomic factors could hinder recovery, leading to further declines.
1 Month Prediction
Target: May 10, 2025$175
$172.5
$180
$170
Description
A gradual recovery is expected as the stock may stabilize around $175. The MACD could show signs of bullish divergence if the price holds above $170. However, external factors could still impact performance.
Analysis
AMZN's performance has been bearish, with significant resistance at $180. The stock may find support at $170, but uncertainty remains high. Technical indicators suggest potential for a bounce, but external factors could influence the outcome.
Confidence Level
Potential Risks
Market volatility and potential negative news could derail recovery efforts, leading to further declines.
3 Months Prediction
Target: July 10, 2025$185
$180
$190
$175
Description
If the stock can maintain above $175, a gradual recovery towards $185 is plausible. The RSI may indicate a bullish trend if momentum builds. However, macroeconomic conditions could pose risks.
Analysis
The stock has been under pressure, with key resistance at $190. A potential recovery could occur if the stock stabilizes above $175. However, the overall market sentiment remains cautious, and external factors could lead to further volatility.
Confidence Level
Potential Risks
Unforeseen market events or economic downturns could significantly impact the stock's recovery trajectory.