WALMART INC. - Daily - Technical analysis published on 07/16/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 127.66 USD
My targets
-
My analysis
The bullish trend is currently very strong on WALMART INC.. As long as the price remains above the support at 127.66 USD, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
0
10
8.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WALMART INC. rating is 132.02 USD. The price registered an increase of +0.02% on the session with the lowest point at 131.43 USD and the highest point at 132.73 USD. The deviation from the price is +0.45% for the low point and -0.53% for the high point.131.43
132.73
132.02
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WALMART INC.:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this WALMART INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 117.77 | 121.23 | 127.66 | 132.02 | 132.33 |
| Change (%) | -10.79% | -8.17% | -3.30% | - | +0.23% |
| Change | -14.25 | -10.79 | -4.36 | - | +0.31 |
| Level | Intermediate | Major | 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 | 127.16 | 128.98 | 130.49 | 132.31 | 133.82 | 135.64 | 137.15 |
| Camarilla | 131.08 | 131.39 | 131.70 | 132.00 | 132.31 | 132.61 | 132.92 |
| Woodie | 127.01 | 128.90 | 130.34 | 132.23 | 133.67 | 135.56 | 137.00 |
| Fibonacci | 128.98 | 130.25 | 131.04 | 132.31 | 133.58 | 134.37 | 135.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.99 | 113.61 | 122.14 | 126.76 | 135.29 | 139.91 | 148.44 |
| Camarilla | 127.06 | 128.27 | 129.48 | 130.68 | 131.89 | 133.09 | 134.30 |
| Woodie | 110.96 | 114.59 | 124.11 | 127.74 | 137.26 | 140.89 | 150.41 |
| Fibonacci | 113.61 | 118.63 | 121.73 | 126.76 | 131.78 | 134.88 | 139.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.99 | 113.00 | 116.39 | 120.40 | 123.79 | 127.80 | 131.19 |
| Camarilla | 117.75 | 118.42 | 119.10 | 119.78 | 120.46 | 121.14 | 121.82 |
| Woodie | 108.68 | 112.85 | 116.08 | 120.25 | 123.48 | 127.65 | 130.88 |
| Fibonacci | 113.00 | 115.83 | 117.57 | 120.40 | 123.23 | 124.97 | 127.80 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.26 | |
| MACD (12,26,9): | 2.7000 | |
| Directional Movement: | 25.95 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 128.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 124.79 | |
| Elder Ray (13): | 4.97 | |
| Super Trend (3,10): | 122.98 | |
| Zig ZAG (10): | 131.90 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 87.54 | |
| TEMA (21): | 130.94 | |
| Williams %R (14): | -13.10 | |
| Chande Momentum Oscillator (20): | 12.94 | |
| Repulse (5,40,3): | 0.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 16.37 |
| MA7: | 129.82 | |
| MA20: | 123.55 | |
| MA50: | 123.08 | |
| MA100: | 120.95 | |
| MAexp7: | 129.70 | |
| MAexp20: | 125.52 | |
| MAexp50: | 123.35 | |
| MAexp100: | 121.63 | |
| Price / MA7: | +1.69% | |
| Price / MA20: | +6.86% | |
| Price / MA50: | +7.26% | |
| Price / MA100: | +9.15% | |
| Price / MAexp7: | +1.79% | |
| Price / MAexp20: | +5.18% | |
| Price / MAexp50: | +7.03% | |
| Price / MAexp100: | +8.54% |
Quotes :
2020-07-16 15:17:01
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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:
- Loveland Home to One of First Walmart Supply Chain Training Academies
-
Kroger joins Walmart in requiring all customers who enter stores to wear face mask
-
Mask Mandates: Walmart to require face coverings starting July 20
- A Simple Step to Help Keep You Safe: Walmart and Sam’s Club Require Shoppers to Wear Face Coverings
- Nielsen And SKU Ninja + WhyteSpyder Combine Tools To Empower Walmart Suppliers To Optimize Online Content And Performance
This member declared not having a position on this financial instrument or a related financial instrument.
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