AMZN Trading Predictions
1 Day Prediction
Target: May 31, 2025$205.5
$204.5
$207
$203
Description
The stock shows a slight bullish trend with a recent Doji pattern indicating indecision. RSI is neutral, and MACD is close to crossing above the signal line. Expect a modest increase in price with potential resistance at 207.
Analysis
AMZN has shown a bearish trend over the past three months, with significant support around 200. Recent volume spikes suggest increased interest, but overall sentiment remains cautious. Technical indicators show mixed signals, indicating potential for both upward and downward movements.
Confidence Level
Potential Risks
Market volatility and external news could impact the prediction. A bearish reversal is possible if the price fails to hold above 204.
1 Week Prediction
Target: June 7, 2025$207
$205.5
$210
$202
Description
A bullish outlook is supported by a recent upward trend and a potential breakout above resistance at 207. The MACD is showing positive momentum, while the RSI indicates room for growth. Volume is expected to increase as traders react to market sentiment.
Analysis
The stock has been fluctuating within a range, with key resistance at 210 and support at 200. The recent bullish candlestick patterns suggest a potential upward move, but caution is warranted due to overall market conditions.
Confidence Level
Potential Risks
Unforeseen macroeconomic events or earnings reports could lead to volatility. A failure to break above 210 could trigger a bearish reversal.
1 Month Prediction
Target: June 30, 2025$215
$207
$220
$200
Description
Expect a continued bullish trend as the stock approaches key Fibonacci retracement levels. The MACD is bullish, and RSI indicates upward momentum. However, watch for potential resistance at 220.
Analysis
AMZN has shown signs of recovery, with a recent shift in sentiment. Key support at 200 and resistance at 220 are critical levels to monitor. Technical indicators suggest a potential upward trend, but external factors could introduce volatility.
Confidence Level
Potential Risks
Market corrections or negative news could impact the stock's performance. A drop below 200 would invalidate the bullish outlook.
3 Months Prediction
Target: August 30, 2025$230
$215
$235
$210
Description
A bullish outlook is anticipated as the stock breaks through resistance levels. Positive earnings reports and market sentiment could drive prices higher. Watch for potential pullbacks at 220.
Analysis
Over the past three months, AMZN has experienced volatility with a general bearish trend. However, recent patterns suggest a potential recovery. Key resistance at 235 and support at 210 will be crucial in determining future price movements.
Confidence Level
Potential Risks
Economic conditions and competitive pressures could affect performance. A significant downturn in the market could lead to a bearish reversal.