Amazon stock exhibits several negative signals, including sell signals from both short and long-term moving averages, and a general sell signal from the 3-month MACD. While there are resistance levels at $232.66 and $235.01, a break above them could signal buy opportunities. However, the stock has shown a downward trend, with a recent decline of 14.97% from a previous pivot point. The stock's short-term and long-term outlooks are negative, with the MACD indicating a sell signal and the relationship between moving averages suggesting a further downtrend. Despite a higher-than-average volume on falling prices, the stock has entered a significant downward trend. Given the current negative signals and downward momentum, a cautious approach is advised, with a potential target price of $172.72 and a stop-loss at $220.69. The stock is also flagged as a sell candidate with a short-term outlook. The stock's P/E ratio of 32.52 is considered normal, but further analysis suggests a potential risk of downside. Based on recent insider trading activity, there is a net sell-off, indicating a negative sentiment from insiders.