AMZN Trading Predictions
1 Day Prediction
Target: April 18, 2025$173
$174
$175
$171
Description
The stock shows bearish momentum with a recent downtrend. The RSI indicates oversold conditions, but a potential bounce could occur. Volume spikes suggest increased selling pressure. Watch for support at 171.00.
Analysis
AMZN has been in a bearish trend over the past three months, with significant support at 171.00. The recent high volatility and volume spikes indicate uncertainty. Technical indicators like MACD and RSI suggest potential for a short-term bounce, but overall sentiment remains cautious.
Confidence Level
Potential Risks
Market volatility and external news could impact the prediction. A reversal is possible if bullish sentiment returns.
1 Week Prediction
Target: April 25, 2025$175.5
$173.5
$178
$170
Description
Expect a slight recovery as the stock approaches key support levels. The MACD shows signs of convergence, indicating potential bullish momentum. However, resistance at 178.00 may limit gains.
Analysis
The stock has faced downward pressure, with significant resistance at 178.00. The recent price action suggests a potential consolidation phase. Technical indicators are mixed, with some signs of recovery, but overall market sentiment remains bearish.
Confidence Level
Potential Risks
Continued bearish sentiment and macroeconomic factors could hinder recovery. Watch for any negative news that may impact market sentiment.
1 Month Prediction
Target: May 17, 2025$180
$175
$185
$170
Description
A gradual recovery is anticipated as the stock tests support levels. The RSI may stabilize, indicating a potential reversal. However, resistance at 185.00 could pose challenges.
Analysis
AMZN's performance has been characterized by volatility and bearish trends. Key support at 170.00 is critical, while resistance at 185.00 remains a hurdle. Technical indicators suggest a potential for recovery, but caution is warranted due to external influences.
Confidence Level
Potential Risks
Market conditions and external economic factors could lead to unexpected volatility. A failure to break resistance may result in further declines.
3 Months Prediction
Target: July 17, 2025$190
$180
$195
$175
Description
Longer-term recovery is possible if the stock can maintain above key support levels. The market may stabilize, leading to a gradual upward trend. However, macroeconomic factors could still impact performance.
Analysis
Over the past three months, AMZN has experienced significant volatility and bearish pressure. Key support levels are crucial for any potential recovery. Technical indicators suggest a cautious outlook, with the possibility of a gradual recovery if market conditions improve.
Confidence Level
Potential Risks
Unforeseen economic events or changes in market sentiment could derail recovery efforts. The potential for further declines remains if bearish trends persist.