Walmart (WMT) Monthly 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 powerful multi-year secular bull market with all key monthly moving averages (20, 50, and 200) stacked in bullish alignment. A recent pullback successfully found support at the rising 20-month SMA, triggering an immediate and aggressive bullish rebound. With monthly RSI sustained comfortably in bullish territory above 60, the structural outlook strongly favors an eventual retest of the all-time high resistance zone near 132.00–136.00.
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WMT Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price formed a strong bullish expansion candle off the 20-month moving average support, while monthly RSI rebounded above 60 to maintain bull regime momentum.
Long-term Sentiment (weeks to months): Bullish
The secular trend is decisively upward, characterized by stacked, upward-sloping 20, 50, and 200-month moving averages following a massive multi-year breakout.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $106.00 | $103.00 - $109.00 | Strong | Confluence of the recent monthly swing low and the rising 20-period moving average / middle Bollinger Band. |
| $83.00 | $80.00 - $86.00 | Moderate | Secular support reinforced by the rising 50-month moving average and the lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $134.00 | $132.00 - $136.00 | Strong | All-time secular peak zone coinciding with the upper Bollinger Band boundary. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Secular Trend Continuation & Mean Reversion Bounce | Bullish | $136.00 | After a multi-month consolidation and pullback toward the 20-month moving average, buyers aggressively stepped in to form a large bullish monthly candle pointing back toward prior secular highs. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bullish because Price formed a strong bullish expansion candle off the 20-month moving average support, while monthly RSI rebounded above 60 to maintain bull regime 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 $106.00 and $83.00. 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 27/100. 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.