Amazon Stock Breaks Above 20-Day Moving Average on Bullish Momentum

Amazon (AMZN.OQ) crossed above its 20-day simple moving average on May 22, 2026, triggering a short-term bullish technical signal. The move follows a May 21 options-income strategy recommending a December bull put spread to generate premium while staying long the stock, which has risen ~15% year-to-date and sits 4.86% below its 52-week high. Supporting the setup, AMZN gained 5.3% over the past four weeks with 16 upward earnings-estimate revisions and zero cuts in the last two months, although Zacks still rates the shares a Hold (#3).