AMZN

AmazonConsumer Discretionary

$209.77-0.38%

Rounding Bottom Symmetrical Triangle Rectangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$209.77

FEBMARAPR

Profit from Rounding Bottom?

AMZN is showing a classic Rounding Bottom. Don't miss the move.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:3.67

Entry

$199.14

Stop

$213.58

Target

$146.20

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Symmetrical Triangle

Consolidation. Can break either way.

Rectangle

Sideways movement between parallel supports.

Descending Triangle

Bearish continuation pattern.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

Technical analysis of Amazon (AMZN) reveals a significant setup. The stock is trading at $209.77, down 0.38% on the day. Algorithmically, a Bearish Flag structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $199.14, targeting $146.2 with support near $213.58 (R:R 3.67).

Community Sentiment

What is your outlook on AMZN?

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