Charting Walmart (WMT)

The chart master Ben Watson takes a look at Walmart stock from a technical analysis standpoint. WMT is still in a long term uptrend, but is in a short to intermediate downtrend. Price action suggests $126 support is holding which confirms the faster moving 10 period moving average. On a 3 year weekly chart, the $126 price level also confirms a multi year support level.

Chart Master

19 Mar 2021

ON AIR
7:00 am
Futures

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Charting Walmart (WMT)

The chart master Ben Watson takes a look at Walmart stock from a technical analysis standpoint. WMT is still in a long term uptrend, but is in a short to intermediate downtrend. Price action suggests $126 support is holding which confirms the faster moving 10 period moving average. On a 3 year weekly chart, the $126 price level also confirms a multi year support level.

Chart Master

19 Mar 2021

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US