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Archive
- 2/28/2025 -
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Amazon.com (AMZN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Amazon.com (AMZN). During the week, the AMZN dropped -6.90 points, or -3.19%, and closed at 209.60 on Friday, February 28, 2025. Weekly volume was 10% above average.
 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 176.94 and resistance is at 246.82. 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 (234.24) 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 technical indicators are neutral.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 204.20 on February 25, 2025. AMZN lost 38.30 points, or 15.79%, in 21 days. The price is now at the 14.10% retracement level.
 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 Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 daily MACD line is below its signal line since February 6, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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