AMZN Trading Predictions
1 Day Prediction
Target: April 22, 2025$169.5
$169
$171
$167
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. Expect a close around 169.50.
Analysis
AMZN has been in a bearish trend, with significant support around 170. Recent volume spikes indicate selling pressure. The RSI is approaching oversold levels, suggesting a potential 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 29, 2025$172
$170.5
$175
$168
Description
Expect a slight recovery as the stock may find support near 170. The MACD shows potential bullish divergence, indicating a possible reversal. However, overall market sentiment remains bearish.
Analysis
The stock has been under pressure, with key support at 170. The MACD suggests a potential reversal, but the overall trend remains bearish. Volume analysis shows increased selling, indicating caution among investors.
Confidence Level
Potential Risks
Continued bearish sentiment and macroeconomic factors could hinder recovery. Watch for any negative news that may impact the stock.
1 Month Prediction
Target: May 21, 2025$175
$172.5
$180
$170
Description
A gradual recovery is anticipated as the stock approaches key resistance levels. The Bollinger Bands suggest potential for upward movement, but caution is warranted due to overall market conditions.
Analysis
AMZN has shown signs of potential recovery, but the overall trend remains bearish. Key resistance is at 180, and the stock must overcome this to establish a bullish trend. Volume patterns indicate cautious trading.
Confidence Level
Potential Risks
Market volatility and external economic factors could impact the recovery. A failure to break resistance could lead to further declines.
3 Months Prediction
Target: July 21, 2025$185
$180
$190
$175
Description
If the stock can maintain upward momentum, a gradual recovery towards 185 is possible. However, macroeconomic factors and market sentiment will play a crucial role in this prediction.
Analysis
The stock's performance over the past three months has been bearish, with significant resistance at 190. A recovery is possible if market conditions improve, but risks remain high due to external factors.
Confidence Level
Potential Risks
Unforeseen economic events or changes in market sentiment could derail the recovery. Watch for key earnings reports and economic indicators.