Amazon.comAMZN

Amazon.com (AMZN) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for AMZN · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$266.43last close · Aug 28, 202652-week range $196.00 – $287.20 · 7.23% below the high

AMZN falling wedge pattern

AMZN is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $260.60 (+10.5%).

DirectionBullishTarget$260.60Projected move+10.5%Breakout level$234.69

New to this pattern? What a falling wedge is and how to trade it →

AMZN's most recent rising wedge trade

AMZN's most recent completed rising wedge resolved as a win: it broke down on Oct 29, 2026 near $246.08, then reached its target at $237.31 on Oct 30, 2026 — a 3.6% move (+0.46R) over 1 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.

OutcomeWinResult+3.6%R+0.46REntry$246.08Exit$237.31

Learn about rising wedge

AMZN pattern trade history

Every completed pattern trade our nightly backtest found on AMZN's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising wedge	Oct 29, 2026 @ $246.08	Oct 30, 2026 @ $237.31	Win	+3.6% · +0.46R
Triangle	Oct 29, 2026 @ $246.64	Oct 30, 2026 @ $236.65	Win	+4.0% · +0.53R
Triangle	Oct 9, 2026 @ $258.75	Oct 29, 2026 @ $244.72	Loss	+4.1% · -1.00R
Triangle	Oct 7, 2026 @ $259.41	Oct 29, 2026 @ $244.72	Loss	+4.0% · -1.00R
Falling wedge	Oct 2, 2026 @ $251.50	Oct 14, 2026 @ $254.08	Win	+4.0% · +0.38R
Falling wedge	Sep 21, 2026 @ $256.40	Sep 29, 2026 @ $246.71	Loss	+4.7% · -1.35R
Falling wedge	Sep 21, 2026 @ $256.40	Oct 29, 2026 @ $244.30	Loss	+4.7% · -1.00R
Triangle	Jul 15, 2026 @ $252.74	Jul 24, 2026 @ $234.38	Loss	+6.2% · -2.05R
Rising wedge	Jun 1, 2026 @ $263.21	Jun 25, 2026 @ $227.70	Win	+13.5% · +3.08R
Falling wedge	Mar 23, 2026 @ $212.41	Mar 30, 2026 @ $201.48	Loss	+17.3% · -1.35R
Triangle	Feb 5, 2026 @ $222.43	Feb 6, 2026 @ $206.37	Win	+7.2% · +0.63R
Triangle	Feb 5, 2026 @ $223.47	Feb 6, 2026 @ $207.71	Win	+7.0% · +0.65R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

IAUMGold Trust Micro iShares Gold Trust Micro Etv Shares R

Winning trade · +7.3%

Opened Jul 21, 2026

Closed Aug 18, 2026

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BTC-USDBitcoin / U.S. Dollar

Losing trade · −13.0%

Opened Jun 30, 2026

Closed Jul 15, 2026

Historical example

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VVisa

Winning trade · +3.6%

Opened Apr 8, 2026

Closed May 6, 2026

Historical example

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Learn about falling wedge

AMZN support and resistance levels

Price found a floor near $231.13 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $309.70 — still about 16% away.

Traders commonly watch $309.70 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $231.13 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

AMZN recent daily prices

Date	Open	High	Low	Close
Aug 28, 2026	$258.32	$267.56	$257.78	$266.43
Aug 27, 2026	$259.23	$259.66	$255.02	$256.26
Aug 26, 2026	$261.28	$262.05	$258.24	$260.28
Aug 25, 2026	$262.51	$263.89	$259.83	$261.06
Aug 24, 2026	$259.60	$263.32	$259.05	$262.07
Aug 21, 2026	$260.74	$261.09	$257.04	$258.63
Aug 20, 2026	$263.16	$263.84	$259.52	$260.11
Aug 19, 2026	$260.85	$266.40	$258.58	$265.84
Aug 18, 2026	$260.63	$262.18	$257.73	$259.45
Aug 17, 2026	$265.44	$265.75	$258.34	$261.31

AMZN frequently asked questions

What chart pattern is AMZN forming right now?

As of Aug 28, 2026, TradingPal's detector identifies a falling wedge on Amazon.com (AMZN) on the daily chart, with a measured-move target of $260.60.

Is a falling wedge bullish or bearish?

The falling wedge detected on AMZN is a bullish pattern, projecting a measured-move target of $260.60. See its full backtested track record above — that's the real edge, not the textbook label.

What is the price target if AMZN's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $260.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was AMZN's closing price on Aug 28, 2026?

Amazon.com (AMZN) last closed at $266.43 on Aug 28, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.