AMZN Trading Predictions
1 Day Prediction
Target: June 6, 2025$210.5
$210
$212
$208
Description
The stock shows a bullish trend with a recent close above the 50-day moving average. RSI indicates overbought conditions, suggesting a potential pullback. However, strong volume on the last trading day supports upward momentum.
Analysis
AMZN has shown a bullish trend over the past three months, with significant support at $200. Recent price action indicates a recovery from lows, but RSI suggests caution due to overbought conditions. Volume spikes indicate strong interest.
Confidence Level
Potential Risks
Potential market volatility and profit-taking could lead to a price drop.
1 Week Prediction
Target: June 13, 2025$212
$210.5
$215
$207
Description
The stock is expected to continue its upward trajectory, supported by bullish candlestick patterns and a favorable MACD crossover. However, the RSI nearing overbought levels may lead to short-term corrections.
Analysis
AMZN has been recovering from recent lows, with key resistance at $215. The stock's performance is bolstered by positive volume trends and bullish patterns, but caution is warranted due to potential overbought signals.
Confidence Level
Potential Risks
Market sentiment could shift due to macroeconomic news, impacting the stock's performance.
1 Month Prediction
Target: July 5, 2025$215
$212
$220
$205
Description
The stock is likely to maintain its bullish trend, with Fibonacci retracement levels indicating support at $205. The MACD remains positive, suggesting continued upward momentum, but watch for potential resistance at $220.
Analysis
AMZN's performance has been strong, with a bullish trend supported by technical indicators. Key resistance levels are being tested, and while the outlook is positive, external factors could influence price movements.
Confidence Level
Potential Risks
Economic indicators and earnings reports could introduce volatility, affecting the stock's trajectory.
3 Months Prediction
Target: September 5, 2025$225
$220
$230
$210
Description
Long-term indicators suggest a bullish outlook, with potential for price appreciation as the stock breaks through resistance levels. However, macroeconomic factors and market sentiment could lead to volatility.
Analysis
Over the past three months, AMZN has shown resilience with a bullish trend. Key support levels are holding, but external economic factors and market sentiment could introduce risks. The stock's performance remains closely tied to broader market conditions.
Confidence Level
Potential Risks
Unforeseen economic events or changes in market sentiment could lead to price corrections.