WALMART INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	WMT
ISIN:

WALMART INC. - Daily - Technical analysis published on 12/01/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 85.50 USD

My targets

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WALMART INC. as long as the price remains well above 85.50 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WALMART INC. rating is 92.52 USD. On the day, this instrument gained +0.70% with the lowest point at 91.82 USD and the highest point at 92.64 USD. The deviation from the price is +0.76% for the low point and -0.13% for the high point.

91.82

92.64

92.52

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

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:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of WALMART INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	70.83	81.43	85.50	92.52
Change (%)	-23.44%	-11.99%	-7.59%	-
Change	-21.69	-11.09	-7.02	-
Level	Intermediate	Intermediate	Major	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.19	91.51	92.01	92.33	92.83	93.15	93.65
Camarilla	92.30	92.37	92.45	92.52	92.60	92.67	92.75
Woodie	91.29	91.56	92.11	92.38	92.93	93.20	93.75
Fibonacci	91.51	91.82	92.01	92.33	92.64	92.83	93.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.59	87.83	90.17	91.41	93.75	94.99	97.33
Camarilla	91.54	91.86	92.19	92.52	92.85	93.18	93.51
Woodie	87.15	88.11	90.73	91.69	94.31	95.27	97.89
Fibonacci	87.83	89.19	90.04	91.41	92.77	93.62	94.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.15	77.06	79.51	81.42	83.87	85.78	88.23
Camarilla	80.75	81.15	81.55	81.95	82.35	82.75	83.15
Woodie	75.41	77.20	79.77	81.56	84.13	85.92	88.49
Fibonacci	77.06	78.73	79.76	81.42	83.09	84.12	85.78

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	78.37
MACD (12,26,9):	2.5600
Directional Movement:	35.84
AROON (14):	57.14
DEMA (21):	90.20
Parabolic SAR (0,02-0,02-0,2):	87.79
Elder Ray (13):	3.73
Super Trend (3,10):	87.55
Zig ZAG (10):	92.52
VORTEX (21):	1.2100
Stochastique (14,3,5):	95.87
TEMA (21):	91.38
Williams %R (14):	-1.34
Chande Momentum Oscillator (20):	7.53
Repulse (5,40,3):	1.4700
ROCnROLL:	1
TRIX (15,9):	0.3200
Courbe Coppock:	15.02

MA7:	90.17
MA20:	86.29
MA50:	83.09
MA100:	78.04
MAexp7:	90.24
MAexp20:	87.10
MAexp50:	83.39
MAexp100:	78.73
Price / MA7:	+2.61%
Price / MA20:	+7.22%
Price / MA50:	+11.35%
Price / MA100:	+18.55%
Price / MAexp7:	+2.53%
Price / MAexp20:	+6.22%
Price / MAexp50:	+10.95%
Price / MAexp100:	+17.52%

Quotes : - 15 min delayed data - 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:

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

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