What are the support and resistance levels for AMZN over the next four weeks
7/28/2025 02:47am
The support and resistance levels for Amazon (AMZN) over the next four weeks are as follows:
1. **Support Level**: The support level for AMZN is at $165.29. This level is significant as it represents a potential floor for the stock price in the near term.
2. **Resistance Level**: The resistance level for AMZN is at $236. This level is important as it represents a potential ceiling for the stock price in the near term.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|AMZN|AMZN.O|Amazon.com|20250724|165.2850|192.6500|185|
These levels are based on the stock's recent performance and can serve as guidelines for traders and investors. Support levels are typically areas where demand is high, while resistance levels are areas where supply is high.
In the case of AMZN, the support level at $165.29 suggests that there is a strong demand for the stock at this price, which could act as a floor in the event of a pullback. Conversely, the resistance level at $236 indicates that there is a high supply of the stock at this price, which could cap any upward movement in the short term.
It's important to note that these levels are based on current data and can change as market conditions evolve. Traders and investors should monitor these levels closely and adjust their strategies accordingly.