Amazon drops into oversold territory for the first time in 7 months
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
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Source: SeekingAlpha
Amazon Stock Analysis: Amazon's shares have entered oversold territory with an RSI of 29.29, prompting investors to consider if this decline represents a buying opportunity, especially given past recoveries from similar levels.
Market Context and Alternatives: Currently priced at $205.51, Amazon's stock is under scrutiny for potential future performance amidst broader market concerns; investors may also explore ETFs with significant Amazon holdings as a diversified investment approach.
Analyst Views on ONLN
Wall Street analysts forecast ONLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONLN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 61.650
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Current: 61.650
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
