AMZN

AmazonConsumer Discretionary

$268.31+1.25%

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$268.31

MARAPRMAY

Profit from Rectangle?

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

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Quick Actions

Trade Plan: Ascending Triangle

Risk/Reward

1:1.85

Entry

$278.56

Stop

$255.19

Target

$321.91

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Ascending Triangle

Bullish continuation pattern.

Market Analysis

Market participants tracking Amazon should note the latest formation. The stock is trading at $268.31, up 1.25% on the day. The primary technical feature is a Ascending Triangle formation. Volume is average (0.47x avg) with moderate trend strength (0.1). A potential breakout level is identified at $278.56, targeting $321.91 with support near $255.19 (R:R 1.85).

Community Sentiment

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