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 undergoing an intermediate correction within a sustained long-term uptrend, having broken below its 20-week and 50-week moving averages following a double-top structure near 136. Price recently tested support near the lower Bollinger Band around 100-104, where buyers are attempting stabilization. While intermediate headwinds remain active below 114-117 resistance, the overarching macro structure remains positive well above the 200-week SMA at 81.33.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below both the declining 20-week SMA (114.31) and 50-week SMA (116.31), with RSI hovering in bearish territory near 41.
Long-term Sentiment (weeks to months): Bullish
The 50-week SMA remains comfortably above the rising 200-week SMA (81.33), maintaining the multi-year macro uptrend structure despite the current cyclical correction.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-18T21:02:12.741Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $101.50 | $99.00 - $104.00 | Moderate | Confluence of the lower Bollinger Band (99.40) and recent weekly swing reaction lows. |
| $82.50 | $80.00 - $85.00 | Strong | Major historical support zone aligning with the rising 200-week simple moving average. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $115.50 | $114.00 - $117.00 | Strong | Direct confluence of the 20-week SMA (114.31), 50-week SMA (116.31), and prior breakdown shelf. |
| $132.00 | $128.00 - $136.00 | Strong | Upper Bollinger Band region and the major double-top peak area from late 2025 to early 2026. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Double Top | Bearish | $94.00 | Two distinct peaks formed near 136-138 in late 2025 and early 2026, followed by a confirmed break below the 114-116 neckline. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because Price is trading below both the declining 20-week SMA (114.31) and 50-week SMA (116.31), with RSI hovering in bearish territory near 41.. 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 $101.50 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 43/100. 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.