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
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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
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 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
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:- The technical analysis for WMT indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for WMT indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- 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.
You have read the comments, technical analyses, target prices, and financial reports for Walmart stock: Click here to read more predictions on UnitedHealth Group Incorporated stock.
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