WMT Daily Technical Analysis
Walmart Inc.
The world’s largest retailer, operating a global chain of supercenters, discount stores, and grocery outlets. Walmart also runs a massive e-commerce platform, logistics network, and financial services ecosystem.
WMT Technical Analysis Summary
The technical posture for WMT has suffered severe technical damage, marked by a massive, high-volume gap down and a decisive break below the critical 200-day moving average. Short-term momentum is aggressively negative with no immediate signs of a floor, as evidenced by deeply oversold RSI and accelerating negative MACD. Long-term investors must view the broken 200-day SMA as a formidable new resistance ceiling, with elevated risk of further decline toward the 105 historical support zone before any meaningful stabilization can occur.
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WMT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp, impulsive downtrend, riding the widening lower Bollinger Band. RSI is deeply oversold at 26.37, and the MACD histogram is expanding negatively with a strong bearish crossover, indicating aggressive downward momentum.
Long-term Sentiment (weeks to months): Bearish
The long-term uptrend has been structurally broken. Price has gapped down heavily on massive volume and decisively sliced through the 200-day SMA, indicating a major shift in long-term trend dynamics from bullish to bearish.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-02T14:05:05.168Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $111.00 | $110.00 - $112.00 | Weak | Minor prior consolidation zone from October/November of the preceding year. |
| $105.00 | $104.00 - $106.00 | Strong | Significant previous swing low support area established between September and October before the last major leg up. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $115.85 | $115.20 - $116.50 | Strong | The recently broken 200-day SMA, which typically acts as strong resistance upon the first retest, aligning with the bottom edge of recent volatile daily candles. |
| $125.10 | $124.00 - $126.20 | Strong | The bottom of the significant consolidation range prior to the final breakdown, aligning with the current level of the descending 50-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Breakaway Gap Down | Bearish | N/A | A massive gap down in price accompanied by a significant volume spike, indicating a violent shift in sentiment and the initiation of a new downtrend phase. |
| Strong | Trendline / Support Breakdown | Bearish | $105.00 | Clear violation of the 200-day moving average and failure to hold the 124-128 consolidation zone, confirming structural weakness. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because Price is in a sharp, impulsive downtrend, riding the widening lower Bollinger Band. RSI is deeply oversold at 26.37, and the MACD histogram is expanding negatively with a strong bearish crossover, indicating aggressive downward momentum.. The long-term trend is classified as Bearish.
What are the key support levels for WMT?
StockDips.AI has identified key support levels for WMT at $111.00 and $105.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is WMT in a significant dip or a Value Dip right now?
WMT has a Value Score of 51/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.