WALMART INC. - Daily - Technical analysis published on 11/23/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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:
Neutral
Underlying:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 142.32 USD
My targets
147.53 USD (+1.53%)
152.79 USD (+5.15%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 142.32 USD remains possible. It is advisable to trade WALMART INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 142.32 USD. The next bullish objective for buyers is set at 147.53 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 152.79 USD. PS: if there is a bearish break in the support located at 142.32 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.6
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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 145.30 USD. The price registered an increase of +0.36% on the session and was between 143.25 USD and 145.63 USD. This implies that the price is at +1.43% from its lowest and at -0.23% from its highest.143.25
145.63
145.30
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of WALMART INC. in Daily shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. 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
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 139.47 | 142.32 | 144.30 | 145.30 | 147.53 | 152.79 |
| Change (%) | -4.01% | -2.05% | -0.69% | - | +1.53% | +5.15% |
| Change | -5.83 | -2.98 | -1.00 | - | +2.23 | +7.49 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major |
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 | 139.37 | 140.69 | 142.73 | 144.05 | 146.09 | 147.41 | 149.45 |
| Camarilla | 143.86 | 144.16 | 144.47 | 144.78 | 145.09 | 145.40 | 145.70 |
| Woodie | 139.74 | 140.87 | 143.10 | 144.23 | 146.46 | 147.59 | 149.82 |
| Fibonacci | 140.69 | 141.97 | 142.76 | 144.05 | 145.33 | 146.12 | 147.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 131.76 | 136.31 | 139.35 | 143.90 | 146.94 | 151.49 | 154.53 |
| Camarilla | 140.30 | 141.00 | 141.69 | 142.39 | 143.09 | 143.78 | 144.48 |
| Woodie | 131.01 | 135.93 | 138.60 | 143.52 | 146.19 | 151.11 | 153.78 |
| Fibonacci | 136.31 | 139.21 | 141.00 | 143.90 | 146.80 | 148.59 | 151.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 123.40 | 129.05 | 139.24 | 144.89 | 155.08 | 160.73 | 170.92 |
| Camarilla | 145.06 | 146.52 | 147.97 | 149.42 | 150.87 | 152.32 | 153.78 |
| Woodie | 125.66 | 130.19 | 141.50 | 146.03 | 157.34 | 161.87 | 173.18 |
| Fibonacci | 129.05 | 135.10 | 138.84 | 144.89 | 150.94 | 154.68 | 160.73 |
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): | 49.20 | |
| MACD (12,26,9): | -0.3500 | |
| Directional Movement: | -5.70 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 145.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 146.11 | |
| Elder Ray (13): | -1.11 | |
| Super Trend (3,10): | 148.49 | |
| Zig ZAG (10): | 145.37 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 29.68 | |
| TEMA (21): | 144.71 | |
| Williams %R (14): | -60.23 | |
| Chande Momentum Oscillator (20): | -4.94 | |
| Repulse (5,40,3): | 1.6900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 6.90 |
| MA7: | 143.95 | |
| MA20: | 147.41 | |
| MA50: | 144.19 | |
| MA100: | 144.55 | |
| MAexp7: | 144.72 | |
| MAexp20: | 145.85 | |
| MAexp50: | 145.30 | |
| MAexp100: | 144.23 | |
| Price / MA7: | +0.94% | |
| Price / MA20: | -1.43% | |
| Price / MA50: | +0.77% | |
| Price / MA100: | +0.52% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.74% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The last news published on WALMART INC. at the time of the generation of this analysis was as follows:
-
One-On-One With Walmart U.S. CEO Amid Supply Chain Crisis
- Walmart U.S. Q3 comp sales grew 9.2%; 15.6% two-year stack; Comp transactions up 5.7%
- Walmart Selects Dallas-Fort Worth Area for Two New High-Tech Supply Chain Facilities
- Walmart to Host Third Quarter Earnings Conference Call on Nov. 16, 2021
- Gatik and Walmart Achieve Fully Driverless Deliveries in a First for Autonomous Trucking Industry Worldwide
This member declared not having a position on this financial instrument or a related financial instrument.
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