AMZN closing price is below 20-day moving average, should you sell?

Amazon's (AMZN) closing price of $223.88 on July 17, 2025, was slightly above its 20-day moving average of $219.54. This indicates a short-term upward trend and suggests that the recent price action is positive. Therefore, selling the stock based solely on the closing price being below the 20-day moving average may not be a prudent decision at this time. |code|Ticker|Name|Date|Moving Average|Closing Price|market_code| |---|---|---|---|---|---|---| |AMZN|AMZN.O|Amazon.com|20250717|224.8260|223.88|185| However, it's important to consider other factors and indicators to make an informed trading decision. Here are some key points to note: 1. **Short-Term Trend**: The closing price above the 20-day moving average suggests that the stock is currently in a short-term uptrend. This could be a sign of investor confidence and potential for further price appreciation. 2. **Moving Averages Alignment**: The closing price is very close to the 20-day moving average, which indicates that the stock is trading in a narrow range. This could be due to a lack of strong buying or selling momentum. 3. **Support and Resistance Levels**: It's important to consider the stock's support and resistance levels. If the closing price is near a support level, it could be a strong point of resistance. Conversely, if the price is near a resistance level, it could indicate a potential reversal. In conclusion, the fact that AMZN's closing price is slightly above its 20-day moving average suggests a positive short-term trend. Selling the stock based on this alone may not be a wise decision. However, it's crucial to consider other technical indicators, such as support and resistance levels, and market conditions before making a trading decision.