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Archive - 5/15/2026 - Sign In to see current Signals. |
Amazon.com (AMZN) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Amazon.com (AMZN). During the week, the AMZN dropped -8.54 points, or -3.13%, and closed at 264.14 on Friday, May 15, 2026. It was the worst weekly loss since February 13, 2026. Weekly volume was -18% below average. AMZN is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AMZN long-term trend chart] A long-term uptrend had started on January 6, 2023 at 81.43 and reached 278.56 on May 5, 2026. AMZN gained -197.13 points, or -242.09%, in 173 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 205.03 and resistance is at 279.92. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See AMZN medium-term trend chart] A medium-term uptrend had started on February 17, 2026 at 196.00 and reached 278.56 on May 5, 2026. AMZN gained -82.56 points, or -42.12%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 202.95 and resistance is at 289.62. 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 medium-term trend.
Weekly Technical Indicators: [See AMZN weekly technical indicators chart] Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 May 5, 2026 at 278.56 and reached 260.89 on May 15, 2026. AMZN lost 17.67 points, or 6.34%, in 10 days. The price is now at the 18.39% retracement level.
Daily Technical Indicators: [See AMZN daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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