AMZN Analysis: Technical Analysis & RSI Settings
Amazon.com, Inc. (AMZN) Technical Analysis & RSI Settings
Executive Summary: Amazon.com, Inc. (AMZN) is currently trading at $229.53. In this analysis, we will focus on key technical indicators and RSI settings to determine potential price movements.
Technical Analysis:
- Support Levels: The immediate support level for AMZN is at $225. If the price breaks below this level, the next support is at $220.
- Resistance Levels: The first resistance level for AMZN is at $235. If the price breaks above this level, the next resistance is at $240.
- RSI Settings: The Relative Strength Index (RSI) is currently at 50, indicating a neutral stance. A move above 70 would signal overbought conditions, while a move below 30 would signal oversold conditions.
Price Targets for 2025-2027:
| Year |
Price Target |
| 2025 |
$300 |
| 2026 |
$350 |
| 2027 |
$400 |
Conclusion:
Based on the current technical analysis and RSI settings, our recommendation for Amazon.com, Inc. (AMZN) is to Buy. With key support and resistance levels identified, along with potential price targets for the coming years, AMZN shows strong growth potential.