Will Amazon go up or down Monday?

**Amazon's stock is likely to face downward pressure on Monday, August 3, 2025.** Here's why:

1. **Current Price Trend**: Amazon's stock is currently **below wide support levels**, which suggests that the stock is in a bearish trend. This bearish trend has a **50% continuation probability**, indicating that the stock is more likely to fall than rise in the short term.
2. **Support and Resistance Levels**: The stock is positioned **between narrow resistance and wide resistance levels**, which typically indicates a bearish sentiment. The current price is below the wide support level of $236.45, which suggests that the stock has room to fall before it reaches significant support.
3. **Forecasted Price Trend**: The forecast for Amazon's stock price for the upcoming days is **bearish**, with a **53.81% historical win rate** for this type of forecast. This indicates that based on past data, the stock is more likely to fall than rise in the short term.
4. **Market Sentiment**: Recent news about Amazon, such as the lukewarm profit forecast and the noticeable margin drop, have triggered concern among investors. This sentiment could persist and contribute to downward pressure on the stock.
5. **Legal Challenges**: Amazon faces legal challenges with significant lawsuits concerning alleged market dominance abuse. These legal challenges could introduce uncertainties that impact investor outlook and operational forecasts, potentially leading to a sell-off in the stock.

In conclusion, given the bearish trend, the stock's position below support levels, the forecasted price trend, and the prevailing market sentiment, Amazon's stock is likely to go down on Monday, August 3, 2025.