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 remains in a robust long-term uptrend, clearly defined by its rising 50-week and 200-week moving averages. However, the stock is currently experiencing a sharp short-term correction, having broken below its 20-week MA with negative momentum confirmed by the MACD and RSI. While short-term action is bearish, long-term investors may view this as a routine pullback that could find significant support near the 50-week SMA.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is undergoing a sharp pullback, breaking below the 20-week SMA with strong downward momentum indicated by a bearish MACD crossover and steeply falling RSI.
Long-term Sentiment (weeks to months): Bullish
The primary long-term trend remains intact, with price still comfortably above the rising 50-week and 200-week SMAs following an extended multi-year rally.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-05-30T09:13:23.980Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $112.00 | $110.00 - $114.00 | Strong | Confluence of the rising 50-week SMA (currently near 112) and previous minor consolidation zones on the way up. |
| $97.50 | $95.00 - $100.00 | Strong | Major prior consolidation zone that served as a base before the significant breakout rally. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $125.00 | $124.00 - $126.00 | Strong | The broken 20-week SMA (middle Bollinger Band), which will now likely act as initial resistance on any bounce. |
| $137.50 | $135.00 - $140.00 | Strong | The recent all-time high swing area before the current sharp correction began. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Sharp Correction / Mean Reversion | Bearish | N/A | After an extended run riding the upper Bollinger Band, price is sharply reverting towards the mean, having broken the 20 SMA. |
| Strong | MACD Bearish Crossover | Bearish | N/A | The weekly MACD line has crossed below the signal line from a high level, with a growing negative histogram confirming downward momentum. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because Price is undergoing a sharp pullback, breaking below the 20-week SMA with strong downward momentum indicated by a bearish MACD crossover and steeply falling RSI.. 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 $112.00 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 53/100. 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.