AMZN Trading Predictions

AMZN trading chart for 2025-05-01

1 Day Prediction

Target: May 2, 2025
Close

$190.5

Open

$189.5

High

$192

Low

$188

Description

The stock shows a slight bullish trend with a potential bounce from recent lows. RSI indicates oversold conditions, while MACD is showing a bullish crossover. However, volatility remains high, suggesting caution.

Analysis

AMZN has experienced significant volatility over the past three months, with a bearish trend recently. Key support at $180 has held, but resistance at $200 remains strong. Volume spikes indicate potential reversals, but overall sentiment is cautious.

Confidence Level

7/10

Potential Risks

Market sentiment could shift due to macroeconomic news or earnings reports, which may impact the prediction.

1 Week Prediction

Target: May 9, 2025
Close

$192

Open

$190

High

$195

Low

$185

Description

Expect a gradual recovery as the stock approaches resistance levels. The recent bullish candlestick patterns suggest a potential upward movement, but external factors could introduce volatility.

Analysis

The stock has shown signs of recovery after hitting lows, but the overall trend remains bearish. Key resistance at $200 and support at $180 are critical. Volume analysis indicates potential accumulation, but caution is warranted.

Confidence Level

6/10

Potential Risks

Unforeseen market events or earnings announcements could lead to unexpected price movements.

1 Month Prediction

Target: June 1, 2025
Close

$195

Open

$192

High

$200

Low

$180

Description

A potential bullish reversal is indicated as the stock approaches key Fibonacci retracement levels. However, the overall market sentiment remains mixed, which could limit upside potential.

Analysis

AMZN's performance has been characterized by high volatility and bearish trends. Key support at $180 and resistance at $200 are pivotal. Technical indicators suggest a possible reversal, but external factors could hinder recovery.

Confidence Level

5/10

Potential Risks

Market volatility and economic indicators could significantly impact the stock's performance.

3 Months Prediction

Target: August 1, 2025
Close

$210

Open

$205

High

$215

Low

$190

Description

If the bullish trend continues, AMZN could reach higher levels as market sentiment improves. However, macroeconomic factors and earnings reports will play a crucial role in determining the stock's trajectory.

Analysis

The stock has shown a bearish trend recently, but there are signs of potential recovery. Key resistance levels at $215 and support at $190 are critical. Market sentiment and external events will heavily influence future performance.

Confidence Level

4/10

Potential Risks

Long-term predictions are uncertain due to potential market corrections and economic shifts.