Sell Signal: AMZN MACD Turns Bearish at $259.77
Amazon.com Inc (AMZN) fell 2.50% to finish at $259.77 on August 31.
From a technical standpoint, the outlook appears mixed:
Support sits at $252.69 with resistance at $278.66.
Amazon.com Inc (AMZN) fell 2.50% to finish at $259.77 on August 31.
From a technical standpoint, the outlook appears mixed:
Support sits at $252.69 with resistance at $278.66.
The stock of Amazon.com Inc (AMZN) climbed 3.97% to close at $266.43 on August 31.
The technical picture is bullish:
While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.
Technical levels: $251.95 support, $281.82 resistance.
Receive disciplined options trade ideas with entries, targets & risk management.
Ask Maya AI
Automated assistant - not a human or adviser