AMZN Trading Predictions
1 Day Prediction
Target: April 23, 2025$168
$169
$170
$166.5
Description
The stock shows bearish momentum with a recent downtrend. The RSI indicates oversold conditions, but a potential bounce could occur. Volume remains high, suggesting continued interest. Watch for support at 167.32.
Analysis
AMZN has been in a bearish trend over the past three months, with significant support at 167.32. The recent high volume indicates strong selling pressure. Technical indicators like MACD and RSI suggest potential oversold conditions, but the 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 30, 2025$170.5
$169.5
$172
$165
Description
Expect a slight recovery as the stock approaches key support levels. The MACD shows potential bullish divergence, and RSI may stabilize. However, resistance at 172.00 could limit upside.
Analysis
The stock has shown a bearish trend, but recent price action suggests a possible stabilization. Key support at 167.32 and resistance at 172.00 are critical levels to watch. Volume patterns indicate heightened activity, which could lead to a short-term bounce.
Confidence Level
Potential Risks
Uncertainty in market conditions and potential earnings reports could lead to unexpected volatility.
1 Month Prediction
Target: May 30, 2025$175
$172
$180
$165
Description
A gradual recovery is anticipated as the stock finds support. The bullish divergence in MACD and potential RSI recovery could drive prices higher, but resistance at 180.00 remains a challenge.
Analysis
AMZN's performance has been bearish, but signs of stabilization are emerging. The stock is testing key support levels, and if it can break through resistance at 180.00, a bullish trend may develop. However, external factors could introduce risks.
Confidence Level
Potential Risks
Macroeconomic factors and earnings reports could significantly impact stock performance, leading to potential volatility.
3 Months Prediction
Target: July 30, 2025$185
$180
$190
$170
Description
If the current recovery trend continues, AMZN could reach 185.00. The stock may benefit from improved market sentiment and potential positive earnings, but resistance at 190.00 could pose challenges.
Analysis
The stock has been in a bearish phase, but a potential recovery is on the horizon. Key resistance levels at 190.00 and support at 167.32 will be crucial. Market sentiment and macroeconomic factors will play a significant role in determining the stock's trajectory.
Confidence Level
Potential Risks
Long-term predictions are uncertain due to potential market shifts and economic conditions that could affect consumer spending.