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WMT Stock Forecast & Walmart Chart Analysis

This article provides a detailed analysis of WMT-Walmart Inc. stock including a forecast for WMT shares. It features Walmart Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

WMT Historical Data Review

WMT Current Price Performance Analysis

The Walmart - WMT stock traded on the American stock market, on 06-05-2024, closed at 67.09$ with a %0.74 increased compared to the previous day.

In the last month, the price of WMT changed by %12.06 increased in value, from 59.87 dollars on 05-06-2024 to 67.09 dollars, increased.

Last year, the price of WMT was 49.93 dollars on 06-06-2023, and changed by %34.37 increased in value, to 67.09 dollars increased within a year.

The price of Walmart stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

WMT with AI Stock Forecast & Price Target

WMT stock forecast Walmart price target

On the WMT chart Walmart price was recorded as 67.09 Dollars on 06/05/2024.

The artificial intelligence's forecast on WMT stock is as follows.

The artificial intelligence's prediction error margin for WMT stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Walmart stock over the next 4 months is: 69.4 Dollars.

The commentary on WMT stock Target Price: Highest: 74.943 Dollars is predicted.

The commentary on WMT stock Target Price: Lowest: 64.117 Dollars is predicted.

Resistance Price where Walmart stock will Rise and Fall:

Date Price Prediction
07-30-2024 66.387
09-23-2024 69.823
12-02-2024 70.375
12-27-2024 70.367
03-07-2025 74.943

Support Price where Walmart stock will Fall and Rise:

Date Price Prediction
08-19-2024 65.664
10-28-2024 67.236
12-17-2024 70.235
01-01-2025 70.341

The commentary on WMT stock: The target price can generally be said to be on the rise.

The commentary on WMT stock: Fluctuations in the target price can be expected in the coming days.

The target price for Walmart stock by the end of 2024 is predicted to be 70.367 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WMT stock, and the 2024 target price predictions for Walmart are detailed above.

The technical analysis and charts for the commentary on WMT stock are below.

WMT Support & Resistance and Trend Analysis

WMT review Walmart Inc. technical analysis trend chart WMT priceWMT stock support and resistance price chart

WMT stock you have reviewed the technical analysis support resistance charts regarding.

WMT : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WMT review, the Walmart support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Walmart Support and Resistance Prices:

WMT Support Level Price WMT Resistance Level Price
49.85 52.97
50.74 56.65
53.44 56.86
55.85 60.45
57.60 60.72
58.56 60.85
58.58 60.89
58.88 61.07
59.39 61.66
65.69

WMT Technical Analysis: SMA, RSI, MACD

WMT review Walmart Inc. SMA chart analysis WMT priceWMT buy or sell review Walmart Inc. MACD chart analysis WMT price

Upon reviewing the WMT chart, buy and sell signals have been generated in the Walmart technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for WMT stock are as follows:
  1. The technical analysis for WMT indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for WMT indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Walmart issued a 'Buy' signal when the MACD was at 0.028, with the current MACD value being: 1.577

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.