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
Walmart remains in an established intermediate-to-long-term downtrend after breaking decisively below both its 50-day and 200-day moving averages. The recent modest rebound from 102 appears corrective, having met immediate resistance at the declining 20-day SMA near 107.72. Unless price reclaims the 110.36-118.71 moving average zone, broader technical risks point toward a retest of the recent 101.50-103.50 support base.
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WMT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price remains capped below the declining 20-day SMA (107.72) following a rejection candle, with RSI suppressed below the neutral 50 level at 42.51.
Long-term Sentiment (weeks to months): Bearish
The stock is trading well below both its 50-day SMA (110.36) and 200-day SMA (118.71), maintaining an established sequence of lower highs and lower lows since its peak above 140.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:18:25.936Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $102.50 | $101.50 - $103.50 | Strong | Late August and early September swing low area that formed the recent local base. |
| $99.00 | $98.00 - $100.00 | Moderate | Psychological round number aligned closely with the lower Bollinger Band near 98.93. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $109.00 | $107.50 - $110.50 | Strong | Confluence of the 20-day SMA (107.72) and the declining 50-day SMA (110.36). |
| $118.00 | $117.00 - $119.00 | Strong | Major overhead resistance zone anchored by the 200-day SMA (118.71) and previous breakdown shelf. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Bear Flag / Corrective Pullback | Bearish | $101.50 | A weak multi-day counter-trend bounce into the declining 20-day SMA following a sharp sell-off from 118. |
| Strong | Sustained Downtrend | Bearish | N/A | Consistent sequence of lower swing highs and lower swing lows intact beneath the 50-day and 200-day moving averages. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because Price remains capped below the declining 20-day SMA (107.72) following a rejection candle, with RSI suppressed below the neutral 50 level at 42.51.. 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 $102.50 and $99.00. 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 50/100. 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.