Walmart (WMT) Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price above the 20-day average
- Daily RSI 66, positive momentum
- Daily MACD above its signal line
- 5-day up 1.3%
- Daily view is bullish
- Price above the 50-day average
- 20-day average above the 50-day
- 20-day up 11.7%
- Daily MACD above zero
- Price above the 40-week average
- Weekly MACD above its signal line
- Weekly RSI 57, positive momentum
- 10-week average below the 40-week
- 6-month down 9.3%
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
Walmart (WMT): Bullish above the pivot
Our preference
Above 118.48, look for a move towards 121.30.
Alternative scenario
Below 118.48, expect 117.35 and 116.68.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 48 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 122.65 |
| Resistance 2 | 121.98 |
| Resistance 1 | 121.30 |
| Price | 119.18 |
| Pivot | 118.48 |
| Support 2 | 117.35 |
| Support 3 | 116.68 |
Walmart (WMT): Bullish above the pivot
Our preference
Above 114.52, look for a move towards 124.65.
Alternative scenario
Below 114.52, expect 110.13 and 107.51.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 66 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 129.94 |
| Resistance 2 | 127.29 |
| Resistance 1 | 124.65 |
| Price | 119.18 |
| Pivot | 114.52 |
| Support 2 | 110.13 |
| Support 3 | 107.51 |
AI market story
Updated 2026-10-28 06:18 UTC+8Walmart leans bullish as momentum cools near key levels
Walmart trades at 119.18, up 10.66% over 20 days and above its 20-day average of 113.27 and 50-day average of 110.20. Daily RSI eased from 72 to 66, and MACD stays above its signal line while the histogram has shrunk for three straight days.
Price journey: up or down lately?
It is up. The stock gained 0.24% in one day, 1.3% over five days and 10.66% over 20 days, climbing from a 20-day low of 103.27 and now sitting below the 20-day high of 122.27.
Trend: which way is the bigger picture pointing?
The bigger trend is up. Price holds above the 20-day average of 113.27 and the 50-day average of 110.20, with short, medium and long-term technical reads all bullish. The daily pivot at 114.52 must hold for the bullish view.
Momentum: gaining or losing strength?
Momentum is fading. Daily RSI fell from 72 five days ago to 66, and although MACD remains above its signal line, the histogram has contracted for three sessions, showing the push higher is losing steam.
Key levels: which prices matter next?
Watch the intraday pivot at 118.48 and upside targets of 121.30 and 121.98. The daily pivot at 114.52 is the medium-term line, with 117.35 as the first downside stop and 110.13 below that; the upper Bollinger band at 125.22 is resistance.
FOMC and core PCE set to jolt Walmart trading
A dense run of US events is ahead. The FOMC decision lands at 02:00 on 10-29, with the floor expected at 3.75 and the ceiling at 4, both unchanged. Core PCE for September is due at 20:30 the same day, expected at 0.3 versus 0.2 prior, alongside Q3 GDP at 3.
What is coming up on the calendar?
The key one is the FOMC decision at 02:00 on 10-29, with the floor expected at 3.75 and the ceiling at 4, both matching prior values, so the market will focus on the signal afterward. September core PCE follows at 20:30, expected at 0.3 versus 0.2 prior.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
Walmart (WMT) is above its daily long trailing stop. Long positions can reference 115.11 (3.54% away); it only moves up. A daily close below 115.11 signals the trend is weakening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is above the 20- and 50-day moving averages, a constructive medium-term structure.
- Daily RSI is 66, positive momentum.
- Daily MACD is above its signal line; daily momentum is up.
- Price is inside the daily Bollinger Bands (102.63 to 125.43).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing Index | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence Index | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) High | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) High | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 05:00 | United States Microsoft Q3 Earnings Call High | — |
| 10-29 20:30 | United States Sep Core PCE Price Index MoM High | 0.3 |
| 10-29 20:30 | United States 3Q Real GDP Annualized QoQ Prelim High | 3 |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for Walmart (WMT)
None of the financial news we collected in the last 7 days mentioned Walmart (WMT) directly.
Trade signals for Walmart (WMT)
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for Walmart (WMT).
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for Walmart (WMT).
Chart patterns in play for Walmart (WMT)
No active 15-minute to 4-hour patterns for Walmart (WMT) right now.
FAQ
Where are Walmart (WMT) support and resistance levels today?
Intraday resistance: 121.30, 121.98, 122.65. Support: 118.48, 117.35, 116.68. Pivot: 118.48 (updated Oct 28, 2026 15:09 UTC+8).
Is Walmart (WMT) bullish or bearish now?
Intraday: bullish. Short-term (daily): bullish. Bullish above 118.48, targeting 121.30 and then 121.98.
How has Walmart (WMT) been trading lately?
Walmart leans bullish as momentum cools near key levels. Walmart trades at 119.18, up 10.66% over 20 days and above its 20-day average of 113.27 and 50-day average of 110.20. Daily RSI eased from 72 to 66, and MACD stays above its signal line while the histogram has shrunk for three straight days.
How do I read the Walmart (WMT) technical score?
Currently short-term bullish, medium-term bullish, long-term bullish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on Walmart (WMT)?
Walmart (WMT) is above its daily long trailing stop. Long positions can reference 115.11 (3.54% away); it only moves up. A daily close below 115.11 signals the trend is weakening.
Which economic events matter for Walmart (WMT) next?
FOMC and core PCE set to jolt Walmart trading. A dense run of US events is ahead. The FOMC decision lands at 02:00 on 10-29, with the floor expected at 3.75 and the ceiling at 4, both unchanged. Core PCE for September is due at 20:30 the same day, expected at 0.3 versus 0.2 prior, alongside Q3 GDP at 3.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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