WALMART INC Technical Analysis (NYSE:WMT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The WMT stock chart pattern can give those who understand technical analysis an indication of which way WMT stock is headed, but cannot predict with 100% certainty as to what can happen to the WALMART INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for WALMART INC. The technical analysis form of WALMART INC stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
WALMART INC Moving Average
Moving averages show the WMT stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $102.04 is above the last closing price of $92.77 and the 50 day moving average of $100.89 is above the last closing price of $92.77. The 10 and 20 day periods can predict short term moving average trends.
WALMART INC Bollinger Bands
Bollinger bands comprise of a center line usually WMT SMA, and two WMT stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of WALMART INC bollinger bands.
WALMART INC Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The WALMART INC MACD line is below the signal line.
WALMART INC Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of WMT stock is 29.82.