Amazon.com(AMZN)

Amazon.Com (AMZN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for AMZN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$244.85last close · Jul 22, 202652-week range $196.00 – $278.56 · 12.1% below the high

Falling Wedge · playing out now

AMZN just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 52% of the time.

As long as price stays above $225.6, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $260.6 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

AMZN Falling Wedge Pattern

AMZN is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

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

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

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

AMZN win rate

46.7%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

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
Bullish Pennant	Dec 19, 2025 @ $228.19	Feb 6, 2026 @ $210.32	Loss	+20.2% · -2.48R
Falling Wedge	Oct 27, 2025 @ $227.66	Nov 12, 2025 @ $244.20	Win	+8.3% · +0.99R
Triangle	Sep 2, 2025 @ $223.52	Sep 4, 2025 @ $235.68	Loss	+10.9% · -1.15R
Bullish Pennant	Jun 27, 2025 @ $221.54	Nov 12, 2025 @ $244.20	Win	+10.4% · +1.59R
Rising Wedge	Feb 6, 2025 @ $236.12	Feb 20, 2025 @ $223.38	Win	+7.1% · +1.99R
Falling Wedge	Jan 21, 2025 @ $228.90	Feb 5, 2025 @ $236.17	Win	+5.6% · +0.57R
Bullish Pennant	Nov 1, 2024 @ $199.00	Nov 15, 2024 @ $202.61	Win	+8.4% · +0.26R
Triangle	Sep 10, 2024 @ $177.49	Nov 15, 2024 @ $202.61	Win	+22.3% · +3.97R
Rising Wedge	Sep 21, 2023 @ $131.94	Oct 25, 2023 @ $121.14	Win	+11.6% · +0.78R
Triangle	Sep 11, 2023 @ $139.64	Sep 21, 2023 @ $129.33	Loss	+11.4% · -1.59R
Bullish Pennant	Jun 23, 2023 @ $130.64	Aug 16, 2023 @ $135.07	Win	+6.5% · +0.94R
Rising Wedge	May 1, 2023 @ $104.23	May 11, 2023 @ $112.18	Loss	+11.2% · -1.20R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

AMZN Support and Resistance Levels

Price is bouncing off a floor near $239.46 and starting to climb. On the weekly chart, the next ceiling overhead sits near $256.75 — about 5% away.

Traders commonly watch $256.75 as a target (its 61.8% 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 yet — the spot to watch is right at the $239.46 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

AMZN Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$248.27	$248.45	$242.45	$244.85
Jul 21, 2026	$249.11	$249.34	$246.42	$247.55
Jul 20, 2026	$248.76	$252.89	$248.00	$249.99
Jul 17, 2026	$244.46	$250.24	$243.59	$247.23
Jul 16, 2026	$255.12	$258.08	$248.00	$249.89
Jul 15, 2026	$249.75	$256.48	$249.75	$254.96
Jul 14, 2026	$245.55	$248.56	$243.80	$247.49
Jul 13, 2026	$244.68	$249.65	$244.18	$247.31
Jul 10, 2026	$249.55	$251.03	$244.41	$245.34
Jul 9, 2026	$239.82	$247.50	$238.25	$247.04

AMZN Frequently Asked Questions

What chart pattern is AMZN forming right now?

As of Jul 22, 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.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

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 Jul 22, 2026?

Amazon.com (AMZN) last closed at $244.85 on Jul 22, 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.