WMT technical analysis
WMT Technical Analysis
Analysis date
August 6, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
WMT Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- WMT
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 112.34 | August 5, 2026 | - | Verified |
| Verification series | 112.34 | August 5, 2026 | 0.00% | Verified |
Bottom line
WMT Technical Analysis Summary
WMT shows a cautious technical picture after a sharp pullback from the recent high near 135. On the daily chart, price at 112.34 sits just above SMA20 (112.10) but below SMA50 (114.88) and SMA200 (117.74), with RSI14 at 48.16 and a positive MACD histogram suggesting the selling pressure is easing. The weekly chart is weaker, with price at 111.20 below SMA20 (120.66) and SMA50 (114.96), weekly RSI at 42.20, and a negative MACD histogram. The long-term uptrend remains intact, with price far above the weekly SMA200 at 78.03. Resistance sits at 118.09 (20-day high) and 135.16 (60-day and 52-week high); support rests at 106.79 (20-day and 20-week low) and 94.85 (52-week low). A close above SMA50 near 114.88 would improve the daily outlook, while a break below 106.79 would signal renewed weakness.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Cautious. Price at 112.34 is marginally above SMA20 (112.10, +0.2%) after stabilizing, but remains below SMA50 (114.88, -2.2%) and SMA200 (117.74, -4.6%). The moving averages are stacked in a bearish order with SMA20 below SMA50 below SMA200, which keeps the medium-term bias soft. A close back above SMA50 would be the first sign of improvement.
- Momentum
- Neutral with early signs of stabilization. RSI14 at 48.16 sits just below the 50 midline, indicating neither strong buying nor selling pressure. The MACD line at -1.08 is above the signal line at -1.42, and the histogram at 0.34 is positive, showing that downside momentum is fading even though both lines remain below zero.
- Volatility
- Moderate. ATR14 at 2.73 (2.43% of price) reflects normal daily ranges for a large-cap retailer. Bollinger Bands from 108.45 to 115.76 place price near the middle band, consistent with a consolidation phase following the recent decline.
- Volume
- In line with average. Latest volume of 21,413,800 is about 100% of the 20-period average (21,397,000), showing participation in line with recent norms. No clear accumulation or distribution signal.
Assessment
The daily chart shows a corrective phase within a longer-term uptrend. Price fell about 17% from the recent 60-day high near 135.16 to the 60-day low at 106.79, then stabilized and reclaimed SMA20. RSI near 48 is neutral and the positive MACD histogram suggests the selling pressure is easing. However, the bearish moving-average stack means the daily outlook only improves if price clears SMA50 at 114.88 and then SMA200 at 117.74. Support sits at 106.79, with resistance at the 20-day high of 118.09 and the 60-day high of 135.16.
Weekly (July 27, 2026 week)
- Trend
- Long-term uptrend intact, medium-term trend lower. Price at 111.20 is below SMA20 (120.66, -7.8%) and SMA50 (114.96, -3.3%) but well above SMA200 (78.03, +42.5%). The steeply rising SMA200 confirms a strong multi-year uptrend, while price trading below the shorter averages shows the recent correction is still in control at the weekly level.
- Momentum
- Weak. RSI14 at 42.20 is below the 50 midline. The MACD line at -1.59 is below the signal line at 0.46, and the histogram at -2.04 is negative, indicating that downside momentum remains active on the weekly scale.
- Volatility
- Elevated. ATR14 at 6.59 (5.93% of price) reflects wider weekly swings during the pullback. Bollinger Bands from 106.80 to 134.52 place price in the lower half of the weekly range.
- Volume
- Slightly above average. Latest weekly volume of 118,902,700 is about 116% of the 20-week average (102,469,000), showing increased participation during the recent decline.
Assessment
The weekly chart confirms a significant pullback from the 52-week high of 135.16 after a prolonged uptrend. Price has broken below both SMA20 and SMA50, and weekly momentum is negative. The long-term structure remains constructive with price far above the weekly SMA200 at 78.03. A weekly close back above SMA50 at 114.96 would be the first sign of stabilization, and reclaiming SMA20 at 120.66 would suggest the correction is ending. Key support is at 106.79, then the 60-week low near 92.66.
Key indicators
WMT Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 48.16 | 42.20 |
| MACD (12, 26, 9) | -1.08 / -1.42 / 0.34 | -1.59 / 0.46 / -2.04 |
| ATR (14) | 2.73 (2.43%) | 6.59 (5.93%) |
| Bollinger Bands (20, 2) | 108.45 - 115.76 | 106.80 - 134.52 |
| SMA (20) | 112.10 | 120.66 |
| SMA (50) | 114.88 | 114.96 |
| SMA (200) | 117.74 | 78.03 |
Price structure
WMT Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 112.34 | 111.20 |
| 1-Period Return | +0.71% | +1.58% |
| 5-Period Return | -1.65% | -3.88% |
| 20-Period Return | -0.67% | -11.76% |
| 60-Period Return | -13.87% | +15.04% |
| 252-Period Return | +13.75% | +158.51% |
| 52-Week Low | 94.85 | 94.85 |
| 52-Week High | 135.16 | 135.16 |
| 52-Week Position | 43.39% | 40.56% |
Key levels
WMT Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 118.09 | 135.16 |
| 20-Period Low | 106.79 | 106.79 |
| 60-Period High | 135.16 | 135.16 |
| 60-Period Low | 106.79 | 92.66 |
Scenarios
WMT Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes above the daily SMA50 at 114.88 and the 20-day high at 118.09 on above-average volume, setting up a test of the 60-day and 52-week high near 135.16.
Invalidation
Price fails at 118.09 and breaks back below the 20-day low at 106.79.
What to watch
Daily RSI reclaiming and holding above 50; MACD histogram expanding; weekly RSI recovering toward the 50 midline; volume rising on up days.
Range-Bound
Trigger
Price continues to consolidate between support near 106.79 and resistance near 118.09 while the daily moving averages flatten out.
Invalidation
A decisive weekly close above 135.16 or below 106.79 with rising volume.
What to watch
RSI holding between 40 and 55; MACD histogram staying near zero; volume near the 20-period average; Bollinger Bands narrowing.
Bearish
Trigger
Price breaks below the 20-day low at 106.79, opening the path toward the 52-week low at 94.85 and the weekly 60-period low near 92.66.
Invalidation
Price reclaims the daily SMA50 at 114.88 and holds above the recent support zone.
What to watch
Daily RSI falling below 45; weekly MACD histogram turning further negative; volume rising on down days; price failing to hold SMA20.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.