Amazon.com today
- 52-week range
- $ 151.61
▼
$ 242.52
- P/e ratio.
- 39.26
- Value is valuable
- $ 244.89
After it mainly recovered after a brutal multi -month sale until April, an action Amazon.com Inc. NASDAQ: Amzn Now we were in one of those moments that can determine the next few months of price action. The shares closed on Tuesday, a little over 217 US dollars, which for a couple of dollars from the level of $ 220, which served as Rock-salt support After a few tests in December last year.
Now that the impulse is clearly with a technical giant after 35% of growth from April minimums, the same level is going to get its first real test as resistance. For investors focused on growth, this setting is exactly the same point of the excess that we love to allocate. Let’s jump and see.
Support has become resistance
It is important to note that $ 220 zone We highlight – this is not just another round number on the graph. During December and even in January, this level was repeatedly considered support when the bears did everything possible to load the reserves.
He proved his importance, jumping out Amazon shares several times until a wider sale of shares in February and March finally broke the dam.
Now that the Amazon rallied to $ 217, with a run more maximums and higher minimums The step is based on, this previous support will be checked from below. Technical analysis tells us that impaired support often becomes resistance, which makes this level critically important for determining the stability of the rally.
A refusal here cannot mean a disaster, but this would probably cause a temporary rollback, since the action is gaining a sufficient impulse for another attack in the coming weeks.
However Pure break above $ 220 With a pair of closing above, this can turn this level back into a favorable role that he played last year, and install a new base with which the next leg could be fed.
Wall sentence -stroke
Amazon.com shares forecast today
$ 244.89
12.51% growthModerate purchase
Based on 47 analysts ratings
| The current price | $ 217.67 |
|---|---|
| High forecast | $ 305.00 |
| Average forecast | $ 244.89 |
| Low forecast | $ 186.00 |
Details of the forecast of shares amazon.com
The analytical community seems to be convinced that Amazon has everything you need to break through this resistance and start summer. Teams in JPMorgan Chase repeated his rating of overweight Last week, increasing the target price to $ 240. The Bank of America did the same, although with even more Aggressive target for $ 248While Tigress Financial went to the target price of $ 305, which indicates the target growth by about 40% from current levels.
This unanimous bull mood is based on some solid factors and winds. For example, Bank of America analysts specially emphasized expanding Amazon robotics and AI capabilities as changes in the game for long -term profitability.
Analysts see these developments that help Amazon reduce labor dependence, increase the accuracy of order and increase the efficiency of the warehouse, while the company’s margin will be appropriate.
Perfect storm for a breakthrough
Perhaps the most important thing is a wider market environment is becoming more and more favorable. The shares clearly returned to the risk regime with the standard S&P 500 closes on fresh records for all the timeThis background usually benefits the growth names as Amazon, which can use improvement of moods for stable rallies.
An impressive 35% restoration of shares compared to April minimums also suggests that institutional money is already positioned for constant power. Having lost the same amount at the beginning of the year, this turn is the desired audit for investors who remained patients as a result of volatility.
The following few sessions are crucial
What makes this setting so convincing is the time. Amazon approaches $ 220 as soon as he approaches the quarterly season of profit, and investment topics of AI restore the impulse. The convergence of technical resistance, fundamental improvements and favorable market conditions creates a moment with high rates, which can determine the trajectory of the action during the summer.
A Constant break above $ 220 most likely will launch additional Buying from investors Momentum and trading systems programmed to pursue technical breakthroughs. Given strong support analysts and the improvement of the foundations, such a step can quickly send shares to the range from 240 to 248 dollars, if not 300 dollars or higher.
Price Amazon.com, Inc. (Amzn) for Wednesday, June 11, 2025
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