AMZN Daily Technical Analysis
Amazon.com Inc.
Global e-commerce leader with major cloud services via Amazon Web Services.
AMZN Technical Analysis Summary
Amazon is currently range-bound between support at 246.00 and resistance near 256.00–260.00, digesting its August decline. Despite near-term chop below the 20- and 50-day moving averages, the stock remains firmly supported by the upward-sloping 200-day SMA near 240.30. A decisive daily close above 260.00 would confirm a resumption of the broader bullish trend, while maintaining support above the 200-day SMA protects the long-term positive outlook.
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AMZN Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is consolidating just beneath the converged 20-day (256.13) and 50-day (255.84) moving averages, with RSI at 48.03 reflecting balanced momentum after rebounding off lower Bollinger Band support.
Long-term Sentiment (weeks to months): Bullish
The 50-day SMA remains positioned above an upward-sloping 200-day SMA (240.30), maintaining a broader structural uptrend established since the spring rally.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-18T20:15:49.332Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $247.25 | $246.00 - $248.50 | Moderate | Aligns with the lower Bollinger Band and the recent September swing lows. |
| $240.00 | $238.00 - $242.00 | Strong | Confluence of the rising 200-day SMA and the prior breakout base from June/July. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $258.00 | $256.00 - $260.00 | Moderate | Immediate resistance formed by the converging 20-day and 50-day SMAs and recent cluster highs. |
| $267.50 | $265.00 - $270.00 | Moderate | Upper Bollinger Band zone and late August lower high. |
| $287.50 | $285.00 - $290.00 | Strong | Major peak reached in late July prior to the current corrective phase. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Horizontal Consolidation | Neutral | N/A | Price has been compressing between support near 246 and overhead moving average resistance around 260 following the August pullback. |
Frequently Asked Questions about AMZN
What is the current sentiment for AMZN?
The short-term sentiment for AMZN is currently Neutral because Price is consolidating just beneath the converged 20-day (256.13) and 50-day (255.84) moving averages, with RSI at 48.03 reflecting balanced momentum after rebounding off lower Bollinger Band support.. The long-term trend is classified as Bullish.
What are the key support levels for AMZN?
StockDips.AI has identified key support levels for AMZN at $247.25 and $240.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is AMZN in a significant dip or a Value Dip right now?
AMZN has a Value Score of 40/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.