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- 10/9/2026 -
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Wal-Mart Stores (WMT) Technical Analysis

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Summary:
Weekly :Trend support at 109.23Broken trend resistance line
Daily :Williams' Percentage Range is overboughtPrice has crossed above the 50 Day Moving AverageStochastic has raised above the signal lineDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Wal-Mart Stores (WMT). During the week, the WMT gained 7.09 points, or 6.80%, and closed at 111.35 on Friday, October 9, 2026. Weekly volume was -22% below average.

Long-term trend: [See WMT long-term trend chart]
A long-term uptrend had started on February 26, 2024 at 58.18 and reached 135.16 on May 19, 2026. WMT gained -76.98 points, or -132.31%, in 116 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (109.23) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See WMT medium-term trend chart]
A medium-term downtrend had started on May 19, 2026 at 135.16 and reached 102.15 on August 21, 2026. WMT lost 33.01 points, or 24.42%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (96.07) 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 technical indicators are neutral.

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 October 5, 2026 at 103.39 and reached 111.51 on October 9, 2026. WMT gained -8.12 points, or -7.85%, in 4 days. Price is near the trend high.

Daily Technical Indicators: [See WMT daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.07
Williams' Percentage Range (W%R) 18.60
Overbought
Lane's Stochastic (%D-Slow) 68.05
Greed/Fear Indicator (GFI) 69.84
Moving Average Converg./Diverg. (MACD) -0.41
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.41
Williams' Percentage Range (W%R) 76.20
Lane's Stochastic (%D-Slow) 34.40
Greed/Fear Indicator (GFI) 35.29
Moving Average Converg./Diverg. (MACD) -2.47
Trading Signals
Description Value Chart
Upper Bollinger Band 111.82
Price 111.35
Daily Stochastic Crossing 109.86
Yearly Trendline Support 109.23
50 Day Moving Average 108.51
20 Day Moving Average 107.61
Weekly Stochastic Crossing 107.50
Quarterly Trendline Resistance 107.46
Parabolic System 103.62
Lower Bollinger Band 103.50
Quarterly Trendline Support 96.07
Sector and Industry
Description Name Rank
Sector Consumer Staples 4
Industry Hypermarkets & Super Centers 49
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 103.39
Low Date 10/05/2026
High 111.51
High Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 103.39
Low Date 10/05/2026
High 111.51
High Date 10/09/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 111.23
High Date 09/23/2026
Low 103.39
Low Date 10/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 107.46
Support 96.07
High 135.16
High Date 05/19/2026
Low 102.15
Low Date 08/21/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 140.15
Support 109.23
Low 58.18
Low Date 02/26/2024
High 135.16
High Date 05/19/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.