117.73 USD
-0.1 (-0.08%)
117.56 USD
-0.17 (-0.14%)
We assign a technical rating of 10 out of 10 to WMT. Both in the recent history as in the last year, WMT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that WMT is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, WMT also shows a nice and consistent pattern of rising prices.
- WMT is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 78% of 38 stocks in the same industry.
- WMT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- WMT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- WMT has an average volume of 31167800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WMT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
94.92
121.56
We found 3 important support areas.
- Support @108.38 from a trend line in the weekly time frame.
- A support zone ranging from 100.61 to 103.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.88 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 118.54 to 120.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for WMT is up. |
| ChartMill Relative Strength | 79.76 | POSITIVE | WMT has a high relative strength, it outperformed 79.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMT is above 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) | 58.17 | NEUTRAL | The RSI value for WMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.94 | NEUTRAL | The Stochastics value for WMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for WMT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.11 | NEUTRAL | The ADX value for WMT suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 120.37 | 112.24 | 8.13 (6.75%) | 14.81% |
| An entry @120.37. This is a Buy Stop order right above the resistance zone. | An exit @112.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.13 points, which is 6.75%. | When investing 14.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
117.73
-0.1 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.08%
1 Week-1.23%
2 Weeks4.12%
1 Month6.16%
3 Month10.89%
6 Month20.79%
12 Month24.24%
2 Year113.73%
3 Year145.49%
5 Year151.4%
10 Year432.23%
15 Year529.91%
Volatility
ATR(14)2.81
ATR(20)%1.94%
ATR Inc-39.38%
Range Today1.47
ADR(20)2.19
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.76
3 months CRS81.92
6 months CRS81.86
Mansfield0.61
10 Day High121.62
10 Day Low112.26
20 Day High121.62
20 Day Low109.81
52 Week High121.62
52 Week Low79.81
CS1 End108.38
CR1 Start118.54
Volume & EV
DER(3)-0.97%
DER(5)-0.77%
Volume20.81M
Volume Incr375.51%
Vol(5)108.10M
Vol(50)31.17M
WALMART INC / WMT FAQ
What is the technical rating for WMT stock?
ChartMill assigns a technical rating of 10 / 10 to WMT.
What is the current trend direction of WALMART INC (WMT) stock?
The current trend direction for WALMART INC (WMT) is Bullish.
What is the RSI signal for WMT stock?
WALMART INC (WMT) has an RSI value of 58.172. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WALMART INC?
The MACD indicator for WALMART INC (WMT) has a value of 0.0581235, indicating a bearish trend.
What is the short term momentum for WALMART INC (WMT) stock?
The short term momentum for WALMART INC (WMT) is positive.