WALMART INC (WMT) Stock Technical Analysis
NYSE:WMT - New York Stock Exchange, Inc. - US9311421039 - Common Stock - Currency: USD
Overall WMT gets a technical rating of 7 out of 10. In the last year, WMT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month WMT has a been trading in the 93.43 - 100.89 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, WMT did better than 88% of all other stocks. We also observe that the gains produced by WMT over the past year are nicely spread over this period.
WMT is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 72% of 41 stocks in the same industry.
WMT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WMT is performing more or less in line with the market.
WMT has an average volume of 20409200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although WMT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
80.58
106.10
When analyzing the support we can see 2 important areas.
- Support @88.72 from a trend line in the weekly time frame.
- A support zone ranging from 81.39 to 84.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 95.09 to 95.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.39 to 99.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 104.04 to 105.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WMT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WMT is down. |
| ChartMill Relative Strength | 88.93 | POSITIVE | WMT has a high relative strength, it outperformed 88.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WMT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for WMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests WMT has a negative trend. |
| Stochastics (14,3) | 15.3 | OVERSOLD | The low Stochastics value suggests WMT may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for WMT suggests low volalility. |
| Average Directional Index/ADX (14) | 12.32 | NEGATIVE | The low ADX value for WMT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
94.44
-0.39 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.41%
1 Week-3.11%
2 Weeks-4.34%
1 Month-1.98%
3 Month10.65%
6 Month0.2%
12 Month40.91%
2 Year80.25%
3 Year133.03%
5 Year136.53%
10 Year299.44%
15 Year489.39%
Volatility
ATR(14)1.63
ATR(20)%1.87%
ATR Inc18.39%
Range Today1.31
ADR(20)1.72
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.93
Mansfield0.52
10 Day High100.89
10 Day Low93.43
20 Day High100.89
20 Day Low93.43
52 Week High105.3
52 Week Low66.41
CS1 End88.72
CR1 Start95.09
Volume & EV
DER(3)0.12%
DER(5)0.25%
Volume18.69M
Volume Incr-14.16%
Vol(5)16.75M
Vol(50)20.41M