AMZN Trading Predictions

AMZN trading chart for 2025-04-23

1 Day Prediction

Target: April 24, 2025
Close

$185.5

Open

$184.25

High

$187

Low

$182

Description

The stock shows a slight bullish trend with a potential bounce from recent lows. The RSI is approaching oversold levels, indicating a possible reversal. However, volatility remains high, and external market sentiment could impact performance.

Analysis

AMZN has shown a bearish trend over the past three months, with significant support around $170. Recent volume spikes indicate increased selling pressure. Technical indicators like MACD are bearish, while RSI suggests potential oversold conditions. Market sentiment remains cautious.

Confidence Level

7/10

Potential Risks

Market volatility and external news could lead to unexpected price movements.

1 Week Prediction

Target: May 1, 2025
Close

$188

Open

$185.5

High

$190

Low

$180

Description

A potential recovery is anticipated as the stock may find support at $180. The MACD shows signs of convergence, indicating a possible bullish reversal. However, the overall market sentiment remains cautious, which could limit upside.

Analysis

The stock has been in a downtrend, with resistance at $190. Recent candlestick patterns suggest indecision, while volume analysis indicates a potential accumulation phase. The market remains sensitive to broader economic indicators.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events could impact the stock's recovery trajectory.

1 Month Prediction

Target: May 23, 2025
Close

$195

Open

$188

High

$200

Low

$185

Description

If the bullish momentum continues, AMZN could reach $195. The Fibonacci retracement levels suggest a potential target, but resistance at $200 may pose challenges. Market sentiment will be crucial in determining the trajectory.

Analysis

AMZN's performance has been bearish, with key support at $170. The stock is currently testing resistance levels. Technical indicators show mixed signals, and volume patterns suggest uncertainty. External economic factors could influence future performance.

Confidence Level

5/10

Potential Risks

Market volatility and external factors could hinder upward movement.

3 Months Prediction

Target: July 23, 2025
Close

$210

Open

$195

High

$215

Low

$200

Description

If the market stabilizes, AMZN could see a gradual recovery towards $210. The technical indicators may align for a bullish trend, but external economic conditions will be critical in sustaining this momentum.

Analysis

The stock has faced significant selling pressure, with a bearish trend dominating. Key resistance levels are evident, and the market sentiment remains fragile. Technical indicators suggest potential for recovery, but risks remain high.

Confidence Level

4/10

Potential Risks

Potential economic downturns or negative news could derail recovery efforts.