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Takip Edin: @UscMarketsAMZN Stock Forecast & Amazon.com Chart Analysis
This article provides a detailed analysis of AMZN-Amazon.com stock including a forecast for AMZN shares. It features Amazon.com, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
AMZN Historical Data Review
AMZN Current Price Performance Analysis
The Amazon.com - AMZN stock traded on the American stock market, on 06-05-2024, closed at 181.28$ with a %1.08 increased compared to the previous day.
In the last month, the price of AMZN changed by %-3.93 decreased in value, from 188.7 dollars on 05-06-2024 to 181.28 dollars, decreased.
Last year, the price of AMZN was 126.61 dollars on 06-06-2023, and changed by %43.18 increased in value, to 181.28 dollars increased within a year.
The price of Amazon.com stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
AMZN with AI Stock Forecast & Price Target
On the AMZN chart Amazon.com price was recorded as 181.28 Dollars on 06/05/2024.
The artificial intelligence's forecast on AMZN stock is as follows.
The artificial intelligence's prediction error margin for AMZN stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Amazon.com stock over the next 4 months is: 240.3 Dollars.
The commentary on AMZN stock Target Price: Highest: 275.125 Dollars is predicted.
The commentary on AMZN stock Target Price: Lowest: 196.324 Dollars is predicted.
Resistance Price where Amazon.com stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 199.209 |
| 07-10-2024 | 198.351 |
| 11-22-2024 | 260.346 |
| 01-01-2025 | 264.925 |
| 02-20-2025 | 275.125 |
Support Price where Amazon.com stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 197.843 |
| 07-15-2024 | 198.340 |
| 12-02-2024 | 259.511 |
| 01-21-2025 | 261.693 |
| 03-27-2025 | 242.928 |
The commentary on AMZN stock: The target price can generally be said to be on the rise.
The commentary on AMZN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Amazon.com stock by the end of 2024 is predicted to be 264.636 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AMZN stock, and the 2024 target price predictions for Amazon.com are detailed above.
The technical analysis and charts for the commentary on AMZN stock are below.
AMZN Support & Resistance and Trend Analysis
AMZN stock you have reviewed the technical analysis support resistance charts regarding.
AMZN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AMZN review, the Amazon.com support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Amazon.com Support and Resistance Prices:
| AMZN Support Level Price | AMZN Resistance Level Price |
|---|---|
| 141.50 | 149.26 |
| 142.81 | 150.57 |
| 144.05 | 154.85 |
| 165.74 | 155.63 |
| 166.32 | 175.39 |
| 171.47 | 175.75 |
| 173.87 | 180.14 |
| 181.42 | |
| 189.77 | |
| 191.70 |
AMZN Technical Analysis: SMA, RSI, MACD
Upon reviewing the AMZN chart, buy and sell signals have been generated in the Amazon.com technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for AMZN stock are as follows:- AMZN technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Amazon.com gave a 'Buy' signal when the RSI was at 22.027, with the current RSI value at 37.817.
- The technical analysis for Amazon.com indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Amazon.com stock: Click here to read more predictions on Alphabet stock.
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