Sign In
The Amazon stock price gained 0.768% on the last trading day (Thursday, 30th Apr 2026), rising from $263.04 to $265.06. During the last trading day the stock fluctuated 6.92% from a day low at $256.16 to a day high of $273.88. The price has risen in 6 of the last 10 days and is up by 6.15% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 40 million more shares were traded than the day before. In total, 96 million shares were bought and sold for approximately $25.55 billion.
On Apr 30, 2026, it was reported that Morgan Stanley gave AMZN a "Overweight" grade with a "hold" action.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 18.07% during the next 3 months and, with a 90% probability hold a price between $278.89 and $338.69 at the end of this 3-month period.
Mostly positive signals in the chart today. The Amazon stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $260.48 and $228.93. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 13, 2026, and so far it has risen 33.34%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
On the downside, the stock finds support just below today's level from accumulated volume at $222.69 and $210.32.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Amazon finds support just below today's level at $222.69. If this is broken, then the next support from accumulated volume will be at $210.32 and $208.72.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $17.72 between high and low, or 6.92%. For the last week, the stock has had daily average volatility of 3.17%.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Amazon stock to perform well in the short-term.
Check full Amazon forecast and analysis here.