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Archive - 4/10/2026 - Sign In to see current Signals. |
Wal-Mart Stores (WMT) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Wal-Mart Stores (WMT). During the week, the WMT climbed 0.98 points, or 0.78%, and closed at 126.77 on Friday, April 10, 2026. Weekly volume was -29% below average.
Long-term trend: [See WMT long-term trend chart] A long-term downtrend had started on February 20, 2024 at 181.35 and reached 58.18 on February 26, 2024. WMT lost 123.17 points, or 67.92%, in 0 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (99.42) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. WMT may retest the broken resistance line. It is considered to be a support line now. 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 long-term trend.
Medium-term trend: [See WMT medium-term trend chart] A medium-term downtrend had started on February 17, 2026 at 134.69 and reached 118.02 on March 20, 2026. WMT lost 16.67 points, or 12.38%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (115.90) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. WMT may retest the broken resistance line. It is considered to be a support line now. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. 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 low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 March 20, 2026 at 118.02 and reached 129.69 on April 9, 2026. WMT gained -11.67 points, or -9.89%, in 20 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See WMT daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since March 30, 2026. This is an indication that the short-term trend is up.
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