Walmart (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
Walmart has staged a powerful multi-week recovery, rebounding off the 104 base to retake both the 20-week and 50-week SMAs. The breakout above the upper Bollinger Band signals strong upside momentum toward previous highs near 135. With long-term moving averages firmly trending higher, the broader multi-year bullish structure remains fully intact.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Strong three-week impulse move has reclaimed both the 20-week and 50-week SMAs, pushing above the upper Bollinger Band with RSI rising sharply above 60.
Long-term Sentiment (weeks to months): Bullish
Price remains in a sustained macro uptrend well above the upward-sloping 200-week SMA (83.30), with the 50-week SMA comfortably above the 200-week SMA.
Report Metadata
- Timeframe: weekly
- Generated at: Oct 30, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $114.65 | $111.71 - $117.59 | Strong | Confluence of the 20-week SMA and 50-week SMA, serving as the primary dynamic support zone. |
| $104.50 | $103.00 - $106.00 | Strong | Recent swing low and base of the current rebound, aligned with the lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $135.25 | $133.00 - $137.50 | Strong | Previous major weekly swing highs and peak resistance area formed earlier in the year. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | V-Bottom Reversal | Bullish | $135.00 | Sharp weekly recovery off the 104 level that quickly reclaimed the intermediate moving averages and upper band. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bullish because Strong three-week impulse move has reclaimed both the 20-week and 50-week SMAs, pushing above the upper Bollinger Band with RSI rising sharply above 60. 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 $114.65 and $104.50. 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 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.
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