Amazon.com today
- 52 weeks
- 151.61 dollars
▼
242.52 dollars
- P/E ratio.
- 39.31
- The target price
- 244.89 dollars
After mostly recovery from a brutal monthly sale until April, shares shares Amazon.com Inc. Nasdaq: amzn You now find themselves in one of the moments you make or lose, which can determine the next few months of price movement. On Tuesday, the stock closed a little more than $ 217, which put it a few dollars from the 220 dollar level Solid rock support Through multiple tests last December.
Now, with the momentum clearly with the technology giant after an increase of 35 % of its lowest level in April, the same level is about to get his first real test as resistance. For investors who focus on growth, this setting represents a kind of reflection point that we like to highlight. Let’s jump and take a look.
Support has turned into resistance
It is important to note that $ 220 region We highlight not just another round number on the graph. Throughout the month of December until January, this level was over again and repeatedly as support when Beers was doing everything in their power to flood the arrows.
Its importance has proven through the Amazon shares liar several times until the wider stocks are sold in February and March at the end, breaking the dam.
Now, with Amazon detention up to 217 dollars, with operation The highest levels and the highest level This step supports this previous support is about to test it from below. Technical analysis tells us that broken support often becomes resistant, which makes this level necessary to determine the sustainability of the assembly.
The rejection here may not clarify the disaster, but it is likely to lead to a temporary decline as the stock builds enough momentum to the other assault in the coming weeks.
However, a A clean break above $ 220 With two closure above, this level can be turned back to the supportive role he played last year and put a new base through which the next station can be fed.
Wall Street’s ruling is clear
Amazon.com stock forecast today
244.89 dollars
Moderate purchase
Based on 47 analyst rating
| The current price | 217.67 dollars |
|---|---|
| High expectations | 305.00 dollars |
| Average expectations | 244.89 dollars |
| Low expectations | 186.00 dollars |
Amazon.com stock forecast details
The analyst’s community seems to be convinced that Amazon has what is necessary to punch this resistance and run in summer. The difference in Jpmorgan Chase Repeat the affirmation of weight gain Last week, with its target price increased to $ 240. Bank of America did the same, though more Adian $ 248 targetWhile Tigress Financial went with the price goal of $ 305, indicates a targeted rise of about 40 % of the current levels.
These upward feelings are unanimously based on some solid factors and backgrounds. For example, Bank of America specifically highlighted the enlarged Amazon robots and artificial intelligence capabilities as a long -term toys variable.
Analysts believe that these developments help Amazon to reduce dependence on employment, improve the accuracy of demand, and enhance the efficiency of the warehouse, with the company’s margins benefit accordingly.
The perfect storm is to break
Perhaps more importantly, the broader market environment is increasingly favorable. It is clear that the stocks are due to the danger with the standard S & P 500 closure at its highest level ever. This background usually benefits growth names such as Amazon, which can benefit from improving feelings in sustainable gatherings.
The impressive arrow recovery of 35 % of its lowest levels in April indicates that institutional funds are already in a continuous position in strength. After losing the same amount in the first part of the year, this transformation represents the verification of the health of investors welcomed by volatility.
The next few sessions are very important
What makes this setting convincing is the timing. Amazon approaches $ 220 completely as the seasonal profit season and investment topics approach artificial intelligence. The rapprochement of technical resistance, basic improvements, and favorable market conditions create a high -risk moment that can determine the stock path until summer.
A A continuous break above $ 220 It is likely to lead to an additional increase Purchase from momentum investors And trading systems programmed to hunt technical belows. Due to the support of the powerful analyst and the improvement of the basics, this step can quickly send the arrow to a range between 240 and 248 dollars, if not $ 300 and above.
Amazon.com Prices, Inc. (Amzn) for Wednesday, 11 Jun, 2025
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