WALMART INC.
WALMART INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: WMT
ISIN:

WALMART INC. - 1H - Technical analysis published on 11/19/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 144.30 USD
My targets
140.86 USD (-1.34%)
138.15 USD (-3.24%)
My analysis
The bearish basic trend is very strong on WALMART INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 144.30 USD. Crossing the first support at 140.86 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 138.15 USD as an objective. Crossing it would then enable sellers to target 135.28 USD. Caution, a return to above the resistance located at 144.30 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.4

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The WALMART INC. rating is 142.78 USD. The price is lower by -0.27% since the last closing and was between 142.73 USD and 144.00 USD. This implies that the price is at +0.04% from its lowest and at -0.85% from its highest.

142.73
144.00
142.78

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of WALMART INC. in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 138.15 140.86 142.32 142.78 144.30 147.53 149.01
Change (%) -3.24% -1.34% -0.32% - +1.06% +3.33% +4.36%
Change -4.63 -1.92 -0.46 - +1.52 +4.75 +6.23
Level Minor Intermediate Major - Minor Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard139.15140.01141.58142.44144.01144.87146.44
Camarilla142.49142.72142.94143.16143.38143.61143.83
Woodie139.52140.19141.95142.62144.38145.05146.81
Fibonacci140.01140.94141.51142.44143.37143.94144.87


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard143.73145.63146.70148.60149.67151.57152.64
Camarilla146.94147.22147.49147.76148.03148.31148.58
Woodie143.31145.42146.28148.39149.25151.36152.22
Fibonacci145.63146.77147.47148.60149.74150.44151.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard123.40129.05139.24144.89155.08160.73170.92
Camarilla145.06146.52147.97149.42150.87152.32153.78
Woodie125.66130.19141.50146.03157.34161.87173.18
Fibonacci129.05135.10138.84144.89150.94154.68160.73

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 42.57
MACD (12,26,9): -0.6100
Directional Movement: 2.65
AROON (14): 42.86
DEMA (21): 142.03
Parabolic SAR (0,02-0,02-0,2): 141.51
Elder Ray (13): 0.07
Super Trend (3,10): 143.85
Zig ZAG (10): 142.78
VORTEX (21): 1.0300
Stochastique (14,3,5): 69.06
TEMA (21): 142.52
Williams %R (14): -37.61
Chande Momentum Oscillator (20): 0.79
Repulse (5,40,3): -0.4600
ROCnROLL: -1
TRIX (15,9): -0.1100
Courbe Coppock: 0.23
MA7: 144.96
MA20: 147.86
MA50: 144.18
MA100: 144.43
MAexp7: 142.98
MAexp20: 143.07
MAexp50: 144.78
MAexp100: 146.03
Price / MA7: -1.50%
Price / MA20: -3.44%
Price / MA50: -0.97%
Price / MA100: -1.14%
Price / MAexp7: -0.14%
Price / MAexp20: -0.20%
Price / MAexp50: -1.38%
Price / MAexp100: -2.23%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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