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Archive
- 7/17/2026 -
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Wal-Mart Stores (WMT) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second positive week after 3 consecutive negative weeks for the Wal-Mart Stores (WMT). During the week, the WMT climbed 0.34 points, or 0.30%, and closed at 114.24 on Friday, July 17, 2026. Weekly volume was -11% below average.
 Long-term trend: [See WMT long-term trend chart]
A long-term uptrend had started on February 26, 2024 at 58.18 and reached 135.16 on May 19, 2026. WMT gained -76.98 points, or -132.31%, in 116 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 104.66 and resistance is at 135.58. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See WMT medium-term trend chart]
A medium-term downtrend had started on May 19, 2026 at 135.16 and reached 107.25 on July 1, 2026. WMT lost 27.91 points, or 20.65%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (104.24) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See WMT weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See WMT short-term trend chart]
A short-term uptrend had started on July 1, 2026 at 107.25 and reached 118.09 on July 17, 2026. WMT gained -10.84 points, or -10.11%, in 16 days. The price is now at the 35.52% retracement level.
Daily Technical Indicators: [See WMT daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since July 9, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
 Candlestick pattern: [See WMT candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.
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