What chart pattern is ChartPattern.io tracking on Amazon?
ChartPattern.io is currently tracking Bearish Flag on Amazon in the Consumer Discretionary stock. Secondary context includes Bearish Flag and Symmetrical Triangle.
Live Consumer Discretionary stock scanner page for Amazon. Review the bearish flag setup, chart structure, and trade levels in one place.
AMZN is showing interesting structural developments at $251.89. The stock is trading at $251.89, down 0.2% on the day. The primary technical feature is a Bearish Flag formation. Volume is average (0.79x avg) with moderate trend strength (18.9). A potential breakout level is identified at $249.58, targeting $187.93 with support near $261.12 (R:R 5.34).
AMZN is part of the Consumer Discretionary stock on ChartPattern.io. The scanner currently highlights Bearish Flag as the leading setup, with an entry near $249.58, a stop around $261.12, and a target near $187.93.
Bearish Flag
46/100 CP Index
Entry $249.58 · Stop $261.12 · Target $187.93
AMZN is showing a classic Bearish Flag. Don't miss the move.
Sideways movement between parallel supports.
Bearish continuation if preceding move was down.
Consolidation. Can break either way.
Bearish continuation pattern.
What is your outlook on AMZN?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on AMZN.
ChartPattern.io is currently tracking Bearish Flag on Amazon in the Consumer Discretionary stock. Secondary context includes Bearish Flag and Symmetrical Triangle.
The current trade plan points to an entry near $249.58, a stop near $261.12, and a target near $187.93.
Amazon currently leans neutral. The page is showing a CP Index of 46/100, which helps summarize the current technical setup.