AMZN Trading Predictions

AMZN trading chart for 2025-07-29

1 Day Prediction

Target: July 30, 2025
Close

$233.5

Open

$232.5

High

$235

Low

$231

Description

The stock shows a slight bullish trend with a recent Doji candlestick indicating indecision. The RSI is near 60, suggesting room for upward movement. However, MACD is flattening, indicating potential resistance ahead.

Analysis

Over the past 3 months, AMZN has shown a bullish trend with significant support at $220 and resistance around $235. The recent volume spikes indicate strong buying interest, but the RSI nearing overbought levels suggests caution. The MACD is bullish but flattening, indicating potential consolidation.

Confidence Level

7/10

Potential Risks

Market volatility and external news could impact the price. A bearish reversal is possible if the price fails to break above recent highs.

1 Week Prediction

Target: August 6, 2025
Close

$235

Open

$233.5

High

$238

Low

$230

Description

The stock is expected to continue its upward momentum, supported by a bullish MACD crossover. The Bollinger Bands are widening, indicating increased volatility. However, the RSI is approaching overbought territory, suggesting caution.

Analysis

AMZN has been trending upward with strong support at $220. The recent price action shows bullish candlestick patterns, and the average volume has increased, indicating strong interest. However, the RSI nearing overbought levels could lead to a short-term pullback.

Confidence Level

8/10

Potential Risks

Potential market corrections or negative news could lead to a pullback. Watch for volume trends to confirm the bullish sentiment.

1 Month Prediction

Target: August 29, 2025
Close

$240

Open

$235

High

$245

Low

$225

Description

The stock is likely to reach new highs as bullish sentiment persists. Fibonacci retracement levels suggest strong support at $225. However, the RSI indicates potential overbought conditions, which could lead to volatility.

Analysis

AMZN has shown a strong bullish trend with significant resistance at $240. The MACD remains bullish, and the volume patterns indicate strong buying interest. However, the RSI is high, suggesting a potential pullback could occur if the momentum wanes.

Confidence Level

7/10

Potential Risks

Market sentiment can shift quickly, and any negative news could trigger a sell-off. Watch for signs of exhaustion in the rally.

3 Months Prediction

Target: October 29, 2025
Close

$250

Open

$240

High

$255

Low

$220

Description

Long-term bullish outlook as the stock is expected to break through resistance levels. The MACD indicates a strong upward trend, but the RSI suggests caution as it approaches overbought levels.

Analysis

AMZN has been on a bullish trajectory with key support at $220 and resistance at $250. The overall market sentiment is positive, but external factors such as economic data and earnings reports could introduce volatility. The stock's performance will depend on maintaining momentum and managing overbought conditions.

Confidence Level

6/10

Potential Risks

Macroeconomic factors and earnings reports could significantly impact the stock's performance. A correction is possible if the market sentiment shifts.