WALMART INC. - Daily - Technical analysis published on 11/24/2023 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
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:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 161.25 USD
My targets
145.16 USD (-6.98%)
135.82 USD (-12.96%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WALMART INC. as long as the price remains well below 161.25 USD. The sellers' bearish objective is set at 145.16 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 135.82 USD. In case of crossing, the next objective would be the support located at 114.68 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WALMART INC. rating is 156.05 USD. The price has increased by +0.89% since the last closing with the lowest point at 154.70 USD and the highest point at 156.13 USD. The deviation from the price is +0.87% for the low point and -0.05% for the high point.154.70
156.13
156.05
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WALMART INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this WALMART INC. chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 135.82 | 145.16 | 154.43 | 156.05 | 161.25 | 165.25 | 169.78 |
| Change (%) | -12.96% | -6.98% | -1.04% | - | +3.33% | +5.90% | +8.80% |
| Change | -20.23 | -10.89 | -1.62 | - | +5.20 | +9.20 | +13.73 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 152.35 | 153.36 | 154.02 | 155.03 | 155.69 | 156.70 | 157.36 |
| Camarilla | 154.21 | 154.36 | 154.52 | 154.67 | 154.82 | 154.98 | 155.13 |
| Woodie | 152.17 | 153.27 | 153.84 | 154.94 | 155.51 | 156.61 | 157.18 |
| Fibonacci | 153.36 | 154.00 | 154.40 | 155.03 | 155.67 | 156.07 | 156.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 135.33 | 145.17 | 150.26 | 160.10 | 165.19 | 175.03 | 180.12 |
| Camarilla | 151.24 | 152.61 | 153.98 | 155.35 | 156.72 | 158.09 | 159.46 |
| Woodie | 132.96 | 143.98 | 147.89 | 158.91 | 162.82 | 173.84 | 177.75 |
| Fibonacci | 145.17 | 150.87 | 154.40 | 160.10 | 165.80 | 169.33 | 175.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 142.58 | 147.12 | 155.26 | 159.80 | 167.94 | 172.48 | 180.62 |
| Camarilla | 159.92 | 161.09 | 162.25 | 163.41 | 164.57 | 165.74 | 166.90 |
| Woodie | 144.39 | 148.02 | 157.07 | 160.70 | 169.75 | 173.38 | 182.43 |
| Fibonacci | 147.12 | 151.96 | 154.95 | 159.80 | 164.64 | 167.63 | 172.48 |
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): | 38.48 | |
| MACD (12,26,9): | -1.5800 | |
| Directional Movement: | -16.25 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 159.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 167.07 | |
| Elder Ray (13): | -4.15 | |
| Super Trend (3,10): | 163.54 | |
| Zig ZAG (10): | 156.05 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 8.83 | |
| TEMA (21): | 157.19 | |
| Williams %R (14): | -87.86 | |
| Chande Momentum Oscillator (20): | -9.60 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 7.61 |
| MA7: | 157.58 | |
| MA20: | 162.30 | |
| MA50: | 161.48 | |
| MA100: | 160.12 | |
| MAexp7: | 157.57 | |
| MAexp20: | 160.54 | |
| MAexp50: | 160.99 | |
| MAexp100: | 159.19 | |
| Price / MA7: | -0.97% | |
| Price / MA20: | -3.85% | |
| Price / MA50: | -3.36% | |
| Price / MA100: | -2.54% | |
| Price / MAexp7: | -0.96% | |
| Price / MAexp20: | -2.80% | |
| Price / MAexp50: | -3.07% | |
| Price / MAexp100: | -1.97% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on WALMART INC.. At the time of publication of this analysis, the latest news was as follows:
-
Police identify Ohio Walmart shooter, release bodycam footage
-
BREAKING: Gunman opens fire at Ohio Walmart, wounding at least 4
- Gotrax Hoverboard & Scooter Black Friday (2023): Summary of Early Walmart Electric Scooter & Bike Offers Researched by Save Bubble
- Best Barbie The Movie Doll & Car Black Friday Deals 2023: Early Collectible Barbie & Ken Doll, Barbie Corvette & More Walmart Deals Revealed by Retail Fuse
- Walmart 40″, 50″, 55″ TV Black Friday Deals (2023): Early Sony, Samsung, TCL, LG & More TV Deals Published by Deal Stripe
This member declared not having a position on this financial instrument or a related financial instrument.
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