WALMART INC (WMT) Stock Technical Analysis
NYSE:WMT - New York Stock Exchange, Inc. - US9311421039 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to WMT. In the last year, WMT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month WMT has a been trading in the 93.45 - 105.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that WMT is one of the better performing stocks in the market, outperforming 91% of all 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 74% of 40 stocks in the same industry.
WMT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WMT is lagging the market slightly.
WMT has an average volume of 17289300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although WMT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
80.13
106.10
3 important support areas can be observed.
- A support zone ranging from 93.14 to 94.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.00 to 90.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.23
Mansfield1.59
10 Day High105.3
10 Day Low94.12
20 Day High105.3
20 Day Low93.46
52 Week High105.3
52 Week Low58.18
Performance
1 Week-9.78%
2 Weeks-7.85%
1 Month1.03%
3 Month4.8%
6 Month25.2%
12 Month61.96%
2 Year100.06%
3 Year110.37%
5 Year164.06%
10 Year238.78%
15 Year425.87%
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)
Technical Indicators
MACD(12,26,9)-0.85
RSI(14)39.03
LBB96.21
UBB107.31
94.78
-2.43 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-2.5%
1 Week-9.78%
2 Weeks-7.85%
1 Month1.03%
3 Month4.8%
6 Month25.2%
12 Month61.96%
2 Year100.06%
3 Year110.37%
5 Year164.06%
10 Year238.78%
15 Year425.87%
Volatility
ATR(14)2.25
ATR(20)%2.15%
ATR Inc204.26%
Range Today2.73
ADR(20)1.8
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.23
Mansfield1.59
10 Day High105.3
10 Day Low94.12
20 Day High105.3
20 Day Low93.46
52 Week High105.3
52 Week Low58.18
CS1 End94.34
CR1 Start104.04
Volume & EV
DER(3)-1.74%
DER(5)-1.44%
Volume35.01M
Volume Incr87.52%
Vol(5)28.27M
Vol(50)17.29M