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Internet & Direct Marketing Retail Industry Stocks Technical Analysis - AMZNArchive - 3/21/2025 - Sign In to see current Signals. |
Amazon.com (AMZN) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Amazon.com (AMZN). During the week, the AMZN gave back -1.80 points, or -0.91%, and closed at 196.20 on Friday, March 21, 2025. Weekly volume was 17% above average. AMZN is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AMZN long-term trend chart] A long-term uptrend had started on January 6, 2023 at 81.43 and reached 242.50 on February 4, 2025. AMZN gained -161.07 points, or -197.80%, in 108 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 179.63 and resistance is at 250.98. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See AMZN medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 151.61 and reached 242.50 on February 4, 2025. AMZN gained -90.89 points, or -59.95%, in 26 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (242.73) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AMZN may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See AMZN weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since February 21, 2025. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See AMZN short-term trend chart] A short-term downtrend had started on February 4, 2025 at 242.50 and reached 189.40 on March 18, 2025. AMZN lost 53.10 points, or 21.90%, in 42 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (177.78) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See AMZN daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Discretionary |
2 |
Industry |
Internet & Direct Marketing Retail |
65 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
189.40 |
Low Date |
03/18/2025 |
High |
199.30 |
High Date |
03/20/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
Status |
Broken Resistance |
Resistance |
189.28 |
Support |
177.78 |
High |
242.50 |
High Date |
02/04/2025 |
Low |
189.40 |
Low Date |
03/18/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Broken Support |
Resistance |
264.98 |
Support |
242.73 |
Low |
151.61 |
Low Date |
08/05/2024 |
High |
242.50 |
High Date |
02/04/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
250.98 |
Support |
179.63 |
Low |
81.43 |
Low Date |
01/06/2023 |
High |
242.50 |
High Date |
02/04/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
3773.08 |
High Date |
07/13/2021 |
Low |
81.43 |
Low Date |
01/06/2023 |
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