Is Amazon stock a buy after flashing first Death Cross in a year?
The post Is Amazon stock a buy after flashing first Death Cross in a year? appeared on BitcoinEthereumNews.com.
The Death Cross is generally considered a particularly decisive indicator that a stock is about to plummet, but judging by its previous performance, it could serve as a ‘buy’ recommendation for Amazon (NASDAQ: AMZN). Specifically, AMZN shares flashed the signal on March 11 for the first time in almost a year – the last one happened in April 2025 – as the short-term moving average (MA) met the long-term line. This cross occurred after a week of decline for Amazon stock and in the midst of significant volatility for the technology giant. Indeed, AMZN shares are 1.62% red in the last week, 6.54% up in the last month, but also down 6.11% in the year-to-date (YTD) chart and, at press time, changing hands at $211.51. Why Amazon stock might rally after latest Death Cross Despite such performance, the April 2025 Death Cross marked the end of the decline for Amazon, and the firm enjoyed a Golden Cross – the opposite, bullish indicator – some three months later, in July. Additionally, between the April lows near $167 and the time the uptrend finally broke with highs of approximately $254 in November 2025, AMZN stock rallied 51%. Amazon stock price one-year price chart. Source: Finbold Technical analysis hints that Amazon stock is a ‘Sell’ in March 2026 Still, conventional wisdom dictates that past performance is not a reliable indicator of future success, and technical analysis (TA) of Amazon equity’s last day and week in the stock market corroborates this notion, per the data Finbold retrieved from TradingView on March 12. Indeed, there appears to be an agreement between oscillators, moving averages, and the synthesis of used signals that investors would be wise to sell AMZN shares, at least when applied to the 24-hour and 7-day timeframes. Notably, the same analysis does not…
Filed under: News - @ March 12, 2026 11:28 am