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. - Daily - Technical analysis published on 05/17/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

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: Bullish
Underlying: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 135.29 USD
My targets
142.12 USD (+2.22%)
147.65 USD (+6.20%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on WALMART INC. as long as the price remains well above 135.29 USD. The buyers' bullish objective is set at 142.12 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 147.65 USD. If there is any crossing, the next objective would be the resistance located at 152.79 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are in opposition with the general bullish 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
1.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

WALMART INC. rating 139.03 USD. The price registered a decrease of -0.35% on the session and was traded between 138.81 USD and 140.40 USD over the period. The price is currently at +0.16% from its lowest and -0.98% from its highest.

138.81
140.40
139.03

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this WALMART INC. chart shows a bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 130.57 135.29 137.89 139.03 140.10 142.12 147.65
Change (%) -6.09% -2.69% -0.82% - +0.77% +2.22% +6.20%
Change -8.46 -3.74 -1.14 - +1.07 +3.09 +8.62
Level Minor Intermediate Major - Major Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard136.74137.59138.55139.40140.36141.21142.17
Camarilla139.02139.19139.35139.52139.69139.85140.02
Woodie136.81137.62138.62139.43140.43141.24142.24
Fibonacci137.59138.28138.71139.40140.09140.52141.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard129.84132.80136.16139.12142.48145.44148.80
Camarilla137.78138.36138.94139.52140.10140.68141.26
Woodie130.04132.90136.36139.22142.68145.54149.00
Fibonacci132.80135.21136.71139.12141.53143.03145.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard129.27132.03135.69138.45142.11144.87148.53
Camarilla137.59138.17138.76139.35139.94140.53141.12
Woodie129.72132.26136.14138.68142.56145.10148.98
Fibonacci132.03134.48136.00138.45140.90142.42144.87

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): 50.75
MACD (12,26,9): 0.3700
Directional Movement: 2.60
AROON (14): -57.14
DEMA (21): 139.67
Parabolic SAR (0,02-0,02-0,2): 141.55
Elder Ray (13): 0.49
Super Trend (3,10): 135.91
Zig ZAG (10): 138.90
VORTEX (21): 0.9700
Stochastique (14,3,5): 49.18
TEMA (21): 139.33
Williams %R (14): -49.78
Chande Momentum Oscillator (20): -0.12
Repulse (5,40,3): -0.9600
ROCnROLL: -1
TRIX (15,9): 0.0800
Courbe Coppock: 0.35
MA7: 139.04
MA20: 139.32
MA50: 136.64
MA100: 138.66
MAexp7: 139.02
MAexp20: 138.99
MAexp50: 138.21
MAexp100: 138.27
Price / MA7: -0.01%
Price / MA20: -0.21%
Price / MA50: +1.75%
Price / MA100: +0.27%
Price / MAexp7: +0.01%
Price / MAexp20: +0.03%
Price / MAexp50: +0.59%
Price / MAexp100: +0.55%

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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