Amazon stock upgraded to Buy Candidate

The Amazon stock price gained 0.483% on the last trading day (Wednesday, 1st Oct 2025), rising from $219.57 to $220.63. During the last trading day the stock fluctuated 2.56% from a day low at $216.61 to a day high of $222.15. The price has fallen in 6 of the last 10 days and is down by -4.74% for this period. Volume fell on the last day by -8 million shares and in total, 40 million shares were bought and sold for approximately $8.86 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

On Sep 24, 2025, it was reported that Wells Fargo gave AMZN a "Overweight" grade with a "upgrade" action.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Amazon stock with a 90% probability to be traded between $216.32 and $242.04 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

There are mixed signals in the stock today. The Amazon stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $227.93. On a fall, the stock will find some support from the short-term average at $220.17. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Thursday, September 25, 2025, and so far it has risen 1.14%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Amazon finds support from accumulated volume at $214.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.54 between high and low, or 2.56%. For the last week, the stock has had daily average volatility of 1.87%.

Several short-term signals 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 period.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.