Amazon Stock Hits $2 Trillion in 2025: Watch These Key Price Levels and Trends

Highlights to Watch

• Amazon’s stock remains under the spotlight after surpassing the $2 trillion market cap milestone in 2024.
• The shares have broken out from a rectangle chart pattern, reaching a new all-time high, signaling a strong continuation of its long-term uptrend.
• Using technical analysis, a projected price target of $260 is identified based on the stock’s recent upward movement.
• The $188 breakout point now serves as a vital support level after shifting from resistance over the last three years.

In 2024, Amazon (AMZN) joined the elite club of U.S. companies with a market capitalization exceeding $2 trillion, alongside tech titans such as Alphabet (GOOGL), Apple (AAPL), Microsoft (MSFT), and AI leader Nvidia (NVDA). This milestone highlights Amazon’s dominant presence in e-commerce and logistics sectors.

Let’s dive deeper into Amazon’s price chart using technical analysis to identify critical levels investors should monitor following this record-breaking move.

Breakout From Key Rectangle Pattern

Between June 2022 and October 2023, Amazon’s stock formed a pattern resembling an inverse head and shoulders, indicating bullish potential. A golden cross occurred in late March 2024 as the 50-week moving average crossed above the 200-week moving average, reinforcing a strong uptrend signal.

The relative strength index (RSI) remains just below the overbought threshold of 70, suggesting sustained upward momentum.

Recently, Amazon’s price surged above a rectangle pattern, setting a new all-time high and hinting at continued long-term growth. Traders should watch for increased trading volume in upcoming sessions to validate this breakout.

Key Price Levels to Monitor After New High

With Amazon entering uncharted territory above previous resistance, the measuring principle helps forecast a potential price target. By adding the recent $72 gain to the $188 breakout point, a target near $260 emerges, offering investors a reference for potential profit-taking.

The $188 level, once a strong resistance, now acts as an important support zone to watch during any price pullbacks.

On the day of the breakout, Amazon’s shares rose 3.9%, closing at $193.61.

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As of publication, the author holds no positions in the securities discussed.

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