Strong day for Amazon stock price on Friday rising 9.58% to $244.22

The Amazon stock price gained 9.58% on the last trading day (Friday, 31st Oct 2025), rising from $222.86 to $244.22. During the last trading day the stock fluctuated 2.60% from a day low at $244.16 to a day high of $250.50. The price has risen in 8 of the last 10 days and is up by 14.64% 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, 73 million more shares were traded than the day before. In total, 166 million shares were bought and sold for approximately $40.56 billion.

On Oct 31, 2025, it was reported that Seaport Global gave AMZN a "Buy" grade with a "hold" action.

The stock has broken the wide and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $236.93 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $261.17 sometime during the next 3 months.

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 $228.41 and $223.36. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, October 17, 2025, and so far it has risen 14.64%. 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 $231.48 and $222.86.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 $231.48. If this is broken, then the next support from accumulated volume will be at $222.86 and $214.75.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $6.34 (2.60%) between high and low. For the last week, the stock has had daily average volatility of 2.18%.

Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. 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 Sell to a Buy candidate.