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 has been in a sustained, powerful multi-year uptrend but has recently experienced what appears to be a climax top. The appearance of a massive bearish weekly candle on record volume signals a sharp near-term correction is underway to relieve overbought conditions. However, the underlying long-term trend remains fundamentally bullish as long as price maintains above major moving averages like the 50-week SMA.
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WMT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The chart shows a massive, high-volume bearish engulfing weekly candle rejecting recent highs, indicating a sharp near-term momentum shift and profit-taking following a parabolic run.
Long-term Sentiment (weeks to months): Bullish
Despite the severe short-term pullback, the price remains well above the 50-week and 200-week SMAs, which are trending steadily upward in a strong bullish alignment.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:33:51.260Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $112.50 | $110.00 - $115.00 | Strong | Confluence of the rising 20-week SMA (currently ~113.38) and the consolidation zone preceding the recent steep breakout. |
| $102.50 | $100.00 - $105.00 | Strong | Major structural support zone aligning with previous swing highs and the rising 50-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $134.50 | $133.00 - $136.00 | Strong | The recent all-time high zone established before the massive rejection candle; represents significant overhead supply. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Climax Top Reversal | Bearish | $113.50 | A steep, nearly vertical price advance culminated in a massive red bearish weekly candle on historically high volume, strongly suggesting buyer exhaustion and an impending deeper correction. |
Frequently Asked Questions about WMT
What is the current sentiment for WMT?
The short-term sentiment for WMT is currently Bearish because The chart shows a massive, high-volume bearish engulfing weekly candle rejecting recent highs, indicating a sharp near-term momentum shift and profit-taking following a parabolic run.. 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 $102.50. 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 32/100. 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.