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
Walmart is currently in an intermediate corrective phase within a robust multi-year secular bull market. A completed double top pattern around $136–$138 has pushed price action below the key 20-week and 50-week moving averages toward the lower Bollinger Band. While short-term upside remains capped by dynamic resistance around $116, the long-term structural uptrend remains secure while price holds comfortably above the rising 200-week moving average at $80.75.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has broken below both the 20-week (116.70) and 50-week (116.14) moving averages, with weekly RSI depressed at 41.58 reflecting persistent downward momentum.
Long-term Sentiment (weeks to months): Bullish
The broader multi-year macro uptrend remains intact, with the price holding well above the steadily rising 200-week moving average at 80.75.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-04T21:01:00.967Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $100.50 | $98.00 - $103.00 | Strong | Aligns with the recent pullback swing low and the lower Bollinger Band boundary near 99.77. |
| $82.50 | $80.00 - $85.00 | Strong | Major historical base and confluence with the rising 200-week SMA around 80.75. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $116.00 | $114.00 - $118.00 | Strong | Confluence of the 20-week and 50-week moving averages acting as immediate dynamic overhead resistance. |
| $135.50 | $133.00 - $138.00 | Strong | All-time high peak and double-top resistance zone near the upper Bollinger Band. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $95.00 | A multi-month double top structure formed near 136.00-138.00 with a neckline breakdown below the 114.00-116.00 zone. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because Price has broken below both the 20-week (116.70) and 50-week (116.14) moving averages, with weekly RSI depressed at 41.58 reflecting persistent downward momentum.. 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 $100.50 and $82.50. 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 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.