WMT Weekly Technical Analysis
Walmart Inc.
The worldβs 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 primary uptrend. The stock recently experienced a significant, sharp pullback from all-time highs near 140, effectively cooling off overbought conditions and resetting momentum indicators like the RSI and MACD. Currently, the price is testing major support at the 50-week SMA, making this a critical area for long-term investors to watch for a sustained bounce and trend continuation.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is attempting to bounce after a sharp pullback to the 50-week SMA, but the MACD remains in a bearish cross with a negative histogram, and RSI has cooled to the neutral 50 level, suggesting an ongoing consolidation phase.
Long-term Sentiment (weeks to months): Bullish
The primary trend is strongly upward, defined by consistent higher highs and higher lows. The price remains comfortably above the rising 50-week and 200-week SMAs in a bullish alignment.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-06-06T09:03:50.718Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $112.50 | $110.00 - $115.00 | Strong | Recent swing low area providing initial bounce, closely aligning with the rising 50-week SMA (112.73). |
| $77.50 | $75.00 - $80.00 | Strong | Major prior multi-year consolidation zone; currently aligns with the rising 200-week SMA (76.38). |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $127.50 | $125.00 - $130.00 | Weak | Intermediate resistance formed by the body of the large bearish engulfing/gap-down candle from the recent sell-off. |
| $137.50 | $135.00 - $140.00 | Strong | Recent all-time high zone where the previous parabolic advance peaked and reversed sharply. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Sustained Uptrend | Bullish | N/A | A multi-year pattern of ascending price action, staying primarily above key moving averages. |
| Strong | Mean Reversion / Pullback | Neutral | N/A | After becoming significantly overextended from the 50-week SMA, the price experienced a sharp corrective pullback to test that moving average as support. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Neutral because Price is attempting to bounce after a sharp pullback to the 50-week SMA, but the MACD remains in a bearish cross with a negative histogram, and RSI has cooled to the neutral 50 level, suggesting an ongoing consolidation phase.. 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 $112.50 and $77.50. 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 49/100. 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.