Walmart (WMT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for WMT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$111.55last close · Aug 4, 202652-week range $95.42 – $135.16 · 17.47% below the high
Falling Wedge · playing out now

WMT just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 69% of the time.

As long as price stays above $107.2, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $127.9 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

WMT Falling Wedge Pattern

WMT is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$127.88Projected move+13.8%Breakout level$112.31

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
WMT win rate
72.2%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

WMT Pattern Trade History

Every completed pattern trade our nightly backtest found on WMT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeMay 21, 2026 @ $124.41May 22, 2026 @ $121.79Win+0.24R
Bullish PennantMar 30, 2026 @ $124.51May 29, 2026 @ $115.75Loss-1.35R
TriangleMar 13, 2026 @ $125.39Mar 19, 2026 @ $121.09Loss-1.14R
TriangleAug 4, 2025 @ $99.13Aug 13, 2025 @ $100.99Win+0.39R
TriangleJul 28, 2025 @ $97.95Aug 13, 2025 @ $100.99Win+0.86R
TriangleJul 16, 2025 @ $94.92Aug 4, 2025 @ $99.59Loss-1.05R
Bullish PennantMay 30, 2025 @ $98.72Jun 12, 2025 @ $94.83Loss-1.05R
TriangleJan 13, 2025 @ $91.17Jan 23, 2025 @ $93.81Loss-1.10R
Rising WedgeNov 6, 2024 @ $85.14Dec 12, 2024 @ $94.09Win+2.28R
Falling WedgeMay 7, 2024 @ $60.17Jun 12, 2024 @ $66.31Win+3.86R
Rising WedgeAug 15, 2023 @ $52.97Aug 16, 2023 @ $53.09Loss-1.72R
TriangleMar 7, 2023 @ $46.58Apr 3, 2023 @ $49.56Loss-1.04R

WMT Support and Resistance Levels

Price is bouncing off a floor near $107.31 and starting to climb. On the weekly chart, the next ceiling overhead sits near $152.68 — about 37% away.

  • Traders commonly watch $152.68 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $107.31 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $107.31, resistance near $131.81. These are chart/swing-derived levels, not formula pivots.

Resistance
$131.81$133.60$151.31
Support
$107.31

WMT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$109.01$111.68$108.56$111.55
Aug 3, 2026$113.10$113.29$110.16$110.71
Jul 31, 2026$110.52$111.91$109.89$111.20
Jul 30, 2026$111.61$113.03$110.44$111.10
Jul 29, 2026$113.23$114.69$112.45$114.22
Jul 28, 2026$113.96$116.03$112.84$113.10
Jul 27, 2026$109.92$112.51$109.89$111.74
Jul 24, 2026$108.12$109.60$108.01$109.47
Jul 23, 2026$107.51$108.56$106.79$108.40
Jul 22, 2026$109.53$110.00$108.72$109.33

WMT Frequently Asked Questions

What chart pattern is WMT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Walmart (WMT) on the daily chart, with a measured-move target of $127.88.
Is a falling wedge bullish or bearish?
The falling wedge detected on WMT is a bullish pattern, projecting a measured-move target of $127.88. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for WMT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), WMT's nearest support is around $107.31 and nearest resistance around $131.81.
What is the price target if WMT's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $127.88 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WMT's closing price on Aug 4, 2026?
Walmart (WMT) last closed at $111.55 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.