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Downtrend Broken Resist.Archive
- 4/17/2025 -
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Wal-Mart Stores (WMT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Wal-Mart Stores (WMT). During the week, the WMT climbed 0.42 points, or 0.45%, and closed at 93.22 on Thursday, April 17, 2025. Weekly volume was 36% above average.
WMT is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 Broadening Ascending Wedge chart pattern. The trend support level is at 80.38 and resistance is at 113.12. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See WMT medium-term trend chart]
A medium-term uptrend had started on February 26, 2024 at 58.18 and reached 105.30 on February 14, 2025. WMT gained -47.12 points, or -80.99%, in 50 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 80.38 and resistance is at 113.47. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See WMT weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. 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 link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since March 7, 2025. The distance between MACD and the signal line is low and getting smaller. 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 April 7, 2025 at 79.81 and reached 96.03 on April 15, 2025. WMT gained -16.22 points, or -20.32%, in 8 days. The price is now at the 17.32% retracement level.
 Daily Technical Indicators: [See WMT daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.
The daily MACD line is above its signal line since April 8, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.
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