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 multi-month corrective phase after forming a double top near the 136 peak, currently consolidating near the lower Bollinger Band around 101-104. While short-term momentum favors sellers due to trading below the 20-week and 50-week moving averages, the long-term structural uptrend remains intact well above the rising 200-week SMA. A sustained weekly close back above 116.50 is required to neutralize intermediate downside pressure and resume the broader upward trajectory.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below both the declining 20-week and 50-week SMAs, accompanied by a weekly RSI remaining depressed near 39.
Long-term Sentiment (weeks to months): Bullish
The broader multi-year macro uptrend remains intact with price holding substantially above the rising 200-week SMA.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-10-02T21:03:45.661Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $101.25 | $100.00 - $102.50 | Moderate | Aligns with the lower Bollinger Band and the recent reaction low established near the 100 psychological level. |
| $82.00 | $80.00 - $84.00 | Strong | Major multi-year structural support zone reinforced by the rising 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $114.00 | $111.50 - $116.50 | Strong | Confluence of the declining 20-week SMA (111.83) and the 50-week SMA (116.37). |
| $135.00 | $133.00 - $137.00 | Strong | All-time high supply zone and origin of the current multi-month downtrend. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $96.00 | Two distinct weekly peaks near the 136 level that triggered a broader corrective reversal below the 50-week SMA. |
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 and 50-week SMAs, accompanied by a weekly RSI remaining depressed near 39.. 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 $101.25 and $82.00. 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 31/100. 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.