AMZN (AMZN) Technical Analysis
Current Price: $205.36
Market analysis updated based on the close of Mar 20, 2026. Technicals indicate a bullish pivot point near 196.00. Momentum indicators confirm an active Fibonacci expansion. With 13 stages of the cycle completed, the primary technical objective is set at 293.84. Maintaining price above 161.38 is critical for this setup. Traders should monitor volume levels for confirmation of the next move.
Technical Indicators Summary
- Trend Bias: bullish (Score: 65/100) - Strong bullish momentum detected
- Moving Averages: downtrend (Score: 15/100) - Price is below all key moving averages
- Oscillators: bearish (Score: 30/100) - MACD shows bearish crossover
Key Support & Resistance Levels
- Support Levels: $196.00, $192.65
- Resistance Levels: $243.24, $293.84
Trading Tip: The current technical setup for AMZN shows bullish momentum. Consider looking for buying opportunities near support levels at $196, $192.65.
