WALMART INC. - Daily - Technical analysis published on 02/13/2022 (GMT)
- 347
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 139.62 USD
My targets
127.53 USD (-5.76%)
109.55 USD (-19.05%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WALMART INC. as long as the price remains well below 139.62 USD. The sellers' bearish objective is set at 127.53 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 109.55 USD. In case of crossing, the next objective would be the support located at 90.47 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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 DipFarda. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WALMART INC. rating 135.33 USD. On the day, this instrument lost -0.55% and was traded between 134.16 USD and 137.18 USD over the period. The price is currently at +0.87% from its lowest and -1.35% from its highest.134.16
137.18
135.33
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WALMART INC.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of WALMART INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 90.47 | 109.55 | 127.53 | 135.33 | 135.42 | 139.62 | 142.69 |
| Change (%) | -33.15% | -19.05% | -5.76% | - | +0.07% | +3.17% | +5.44% |
| Change | -44.86 | -25.78 | -7.80 | - | +0.09 | +4.29 | +7.36 |
| Level | Major | Intermediate | Intermediate | - | Major | 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 | 130.91 | 132.54 | 133.93 | 135.56 | 136.95 | 138.58 | 139.97 |
| Camarilla | 134.50 | 134.78 | 135.05 | 135.33 | 135.61 | 135.88 | 136.16 |
| Woodie | 130.80 | 132.48 | 133.82 | 135.50 | 136.84 | 138.52 | 139.86 |
| Fibonacci | 132.54 | 133.69 | 134.40 | 135.56 | 136.71 | 137.42 | 138.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.06 | 130.61 | 132.97 | 136.52 | 138.88 | 142.43 | 144.79 |
| Camarilla | 133.71 | 134.25 | 134.79 | 135.33 | 135.87 | 136.41 | 136.96 |
| Woodie | 126.47 | 130.31 | 132.38 | 136.22 | 138.29 | 142.13 | 144.20 |
| Fibonacci | 130.61 | 132.87 | 134.26 | 136.52 | 138.78 | 140.17 | 142.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.95 | 127.45 | 133.63 | 140.13 | 146.31 | 152.81 | 158.99 |
| Camarilla | 136.32 | 137.49 | 138.65 | 139.81 | 140.97 | 142.14 | 143.30 |
| Woodie | 120.79 | 127.37 | 133.47 | 140.05 | 146.15 | 152.73 | 158.83 |
| Fibonacci | 127.45 | 132.29 | 135.29 | 140.13 | 144.97 | 147.97 | 152.81 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 34.93 | |
| MACD (12,26,9): | -1.3900 | |
| Directional Movement: | -15.31 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 137.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 141.86 | |
| Elder Ray (13): | -2.64 | |
| Super Trend (3,10): | 143.13 | |
| Zig ZAG (10): | 135.33 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 29.55 | |
| TEMA (21): | 136.60 | |
| Williams %R (14): | -82.84 | |
| Chande Momentum Oscillator (20): | -0.42 | |
| Repulse (5,40,3): | -2.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 4.03 |
| MA7: | 137.91 | |
| MA20: | 139.32 | |
| MA50: | 140.72 | |
| MA100: | 142.09 | |
| MAexp7: | 137.36 | |
| MAexp20: | 139.08 | |
| MAexp50: | 140.72 | |
| MAexp100: | 141.51 | |
| Price / MA7: | -1.87% | |
| Price / MA20: | -2.86% | |
| Price / MA50: | -3.83% | |
| Price / MA100: | -4.76% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -2.70% | |
| Price / MAexp50: | -3.83% | |
| Price / MAexp100: | -4.37% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on WALMART INC. at the time of the generation of this analysis was as follows:
-
We can’t solve inflation without this: Former Walmart CEO
- Walmart To Host Fourth Quarter Earnings Conference Call on Feb. 17, 2022
- HONEYWELL TO HELP WALMART REDUCE ITS CARBON FOOTPRINT AND IMPROVE ENERGY EFFICIENCY ACROSS STORES IN MEXICO AND CENTRAL AMERICA
- Walmart and Plenty Partner To Lead the Future of Fresh Produce
- Walmart Selects Olive Branch, MS for New Fulfillment Center, Opening Spring 2022
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis WALMART INC. - Daily