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 undergoing a short-term correction following its early August high near 285, slipping below its 20-day and 50-day moving averages to test the lower Bollinger Band near 251.50. Despite short-term downward pressure indicated by sub-50 RSI levels, the macro trend remains constructive with the upward-sloping 200-day SMA near 239.62 serving as a critical foundational support level. Long-term investors should watch for potential base-building between the current levels and the 200-day SMA to confirm the continuation of the broader primary uptrend.
Included In Lists
Related Tickers of Interest
AMZN Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below both the 20-day and 50-day moving averages, hugging the lower Bollinger Band with a declining RSI at 43.63.
Long-term Sentiment (weeks to months): Bullish
The 50-day SMA remains comfortably above the upward-sloping 200-day SMA, maintaining a broader sequence of higher macro lows since the April low.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:17:51.129Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $249.75 | $248.00 - $251.50 | Moderate | Confluence of the lower Bollinger Band and late August consolidation low. |
| $240.00 | $238.00 - $242.00 | Strong | Major structural support zone reinforced by the rising 200-day simple moving average at 239.62. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $257.50 | $255.00 - $260.00 | Moderate | Cluster formed by the 50-day SMA (254.95) and the 20-day SMA baseline (259.38). |
| $266.50 | $265.00 - $268.00 | Moderate | Recent late-August lower high and proximity to the upper Bollinger Band. |
| $282.50 | $280.00 - $285.00 | Strong | Major swing high established in early August. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Descending Channel Pullback | Bearish | $240.00 | Short-term corrective channel characterized by consecutive lower highs and lower lows off the August peak near 285. |
Frequently Asked Questions about AMZN
What is the current sentiment for AMZN?
The short-term sentiment for AMZN is currently Bearish because Price is trading below both the 20-day and 50-day moving averages, hugging the lower Bollinger Band with a declining RSI at 43.63.. 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 $249.75 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 71/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.