WMT Weekly 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
WMT is currently experiencing a severe short-term correction following a prolonged parabolic advance to new highs. Immediate momentum is distinctly bearish, evidenced by a violent price drop, a bearish MACD cross, and declining RSI. However, for long-term investors, the macro uptrend is still valid as long as the price remains above the rising 50-week moving average, which currently sits in the 106-108 range and will act as a critical test of support.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
A massive, high-volume bearish weekly candle has broken below the 20-period simple moving average and recent consolidation support. This is confirmed by a bearish MACD crossover and RSI sharply falling out of overbought territory.
Long-term Sentiment (weeks to months): Bullish
The macro multi-year uptrend remains firmly intact. The price is still trading significantly above both the 50-week and 200-week SMAs, which are both sloping positively, suggesting this is a correction within a larger bull market.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-03-21T09:04:18.862Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $107.50 | $105.00 - $110.00 | Strong | Major confluence zone containing the rising 50-week SMA (currently at 106.26) and prior structural consolidation. |
| $97.50 | $95.00 - $100.00 | Weak | Previous area of minor support and psychological round number resistance-turned-support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $126.50 | $125.00 - $128.00 | Strong | The immediate breakdown level from the recent consolidation phase, roughly aligning with the 20-period SMA. |
| $133.50 | $132.00 - $135.00 | Strong | The recent all-time high peak and distribution zone before the sharp sell-off. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish Top Breakdown | Bearish | $108.00 | After an extended parabolic run, the price formed a top, consolidated briefly, and then broke aggressively downward with a large red candle, engulfing several weeks of prior price action. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because A massive, high-volume bearish weekly candle has broken below the 20-period simple moving average and recent consolidation support. This is confirmed by a bearish MACD crossover and RSI sharply falling out of overbought territory.. The long-term trend is classified as Bullish.
What are the key support levels for WMT?
StockDips.AI has identified key support levels for WMT at $107.50 and $97.50. 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 36/100. 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.