Based on the provided data and technical analysis, here's the forecast for AMZN's next trading week:
Technical Analysis AMZN closed at $234.85 on January 24, 2025, with the stock showing mixed signals:
News Sentiment & Catalysts
Price Targets for Next Week Based on Fibonacci levels:
Trading Recommendation BUY with target price of $238-240 range for next week. Entry point recommended around $232-233 support level. Key reasons:
Stop loss should be placed below $230 to manage risk.
The price of AMZN is predicted to go up -2.63%, based on the high correlation periods with BAX. The similarity of these two price pattern on the periods is 90.62%.
AMZN
BAX
Year
AMZN Price Forecast($)
Potential Return(%)
2025
270.000
20.430
2026
280.000
24.890
2027
350.000
56.120
2028
350.000
56.120
2029
450.000
97.710
2030
400.000
76.420
Amazon is the clear leader in e-commerce and enjoys unrivaled scale to continue to invest in growth opportunities and drive the very best customer experience.
High-margin advertising and AWS are growing faster than the corporate average, which should continue to boost profitability over the next several years.
Amazon Prime memberships help attract and retain customers who spend more with Amazon; this reinforces a powerful network effect while bringing in recurring and high-margin revenue.
Raymond James
Price Target
$230 → $260
Upside
+12.87%
Wells Fargo
Price Target
$197 → $212
Upside
-2.19%
HSBC
Price Target
$225 → $270
Upside
+23.47%