AMZN Weekly Technical Analysis
Amazon.com Inc.
Global e-commerce leader with major cloud services via Amazon Web Services.
AMZN Technical Analysis Summary
AMZN remains in a well-defined long-term structural uptrend with the 50-week and 200-week SMAs aligned positively. The current short-term weakness represents a normal digestive pullback from recent highs near 290, finding initial support at the 20-week moving average. As long as price holds above the primary 50-week moving average support around 237, the broader bullish thesis remains intact.
Included In Lists
Related Tickers of Interest
AMZN Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is undergoing a multi-week pullback after getting rejected near the 290 peak, currently consolidating directly on the 20-week SMA (256.37) with RSI cooling to 53.96.
Long-term Sentiment (weeks to months): Bullish
The broad multi-year trend remains firmly upward, supported by a classic bullish moving-average stack with the 50-week SMA (237.16) trending well above the rising 200-week SMA (183.28).
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-04T21:02:55.237Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $253.25 | $250.00 - $256.50 | Weak | Immediate support defined by the 20-week SMA (256.37) and the current weekly candle low. |
| $234.00 | $230.00 - $238.00 | Strong | Key confluence of the rising 50-week SMA (237.16) and the lower Bollinger Band. |
| $207.50 | $200.00 - $215.00 | Strong | Major prior swing lows and horizontal support established in early 2026. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $268.50 | $265.00 - $272.00 | Weak | Short-term overhead supply from the previous week's consolidation highs. |
| $286.50 | $283.00 - $290.00 | Strong | All-time/multi-year swing high and upper Bollinger Band band confluence. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Pullback to 20-Week SMA within Uptrend | Bullish | $290.00 | After a strong multi-month rally to near 290, the stock has printed three consecutive weekly declines to test its rising 20-week moving average. |
Frequently Asked Questions about AMZN
What is the current sentiment for AMZN?
The short-term sentiment for AMZN is currently Neutral because Price is undergoing a multi-week pullback after getting rejected near the 290 peak, currently consolidating directly on the 20-week SMA (256.37) with RSI cooling to 53.96.. 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 $253.25 and $234.00. 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.