Amazon, the only “Magnificent” resilient to geopolitical panicAmazon.com, Inc.BATS:AMZNActivTradesBy Ion Jauregui – Analyst at ActivTrades The outbreak of the war in Iran has reshaped market sentiment, increasing volatility and putting pressure on global equities. However, within the universe of the “Magnificent Seven,” performance has not been homogeneous. Amazon stands out as the company best absorbing the impact of the conflict. While Wall Street is recording contained declines, around 3%–5% since the escalation of tensions, Amazon has not only resisted but remains above its pre-conflict levels. This behavior contrasts with other tech companies such as Meta and Tesla, which have experienced double-digit corrections. The explanation is fundamentally structural. On one hand, Amazon’s exposure to the growth of artificial intelligence—especially through AWS—continues to act as a catalyst for revenues and margins. On the other hand, its global scale and ability to pass on costs allow it to mitigate the impact of rising energy prices and supply chain disruptions. Additionally, the market continues to rely on expectations of earnings growth in the U.S. and on a potential dovish shift by the Federal Reserve in the second half of the year. In this context, major players with greater diversification and technological monetization capacity are acting as a relative safe haven. In contrast, companies more exposed to the advertising cycle or discretionary consumption are showing greater sensitivity to risk, highlighting a clear internal rotation within the tech sector. Amazon Analysis (Ticker: AMZN) Since the highs of November 2025, the company has tested twice the area just below its all-time highs of $258.60, moving for over a year within a range between $239 and $202. The point of control is currently located in the previous consolidation zone around $230. The current trading range, following the sharp corrections in February triggered by market panic, has pushed the company to consolidate again between $202.19 and $217.96. Yesterday’s session reinforced the idea that Amazon may recover its price after positioning above the 50-day moving average and almost in contact with the 100-day. If this evolution is confirmed positively, it would occur after breaking above the 200-day moving average at $219.19, which would open the path for a recovery at least towards the point of control area and possible tests of resistance zones previously mentioned, just below the highs around $242.50. If this evolution is not confirmed, a rebound could occur with prices moving sideways and retesting the current lows. Regarding indicators, RSI has been recovering from the excessive oversold levels of February 12, although it still maintains a slightly bearish short-term bias. MACD confirms this view, with the histogram recovering and both the MACD line and signal line still below equilibrium. On the other hand, looking at the U.S. market, the ActivTrades US Market Pulse indicator shows a shift from a high risk-off environment to a neutral zone, with a gradual increase in investment flows, suggesting a bullish bias following the oversold conditions of the past month and a half. In this environment, Amazon not only confirms its relative strength but also reinforces its position as one of the most solid assets within the growth segment during periods of geopolitical uncertainty. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance and forecasting are not a synonym of a reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk. Political risk is unpredictable. Central bank actions can vary. Platform tools do not guarantee success.