Walmart(WMT)

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

Auto-detected technical analysis for WMT · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$109.33last close · Jul 22, 202652-week range $95.29$135.16 · 19.11% below the high

WMT Rising Wedge Pattern

WMT is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $121.79 (−7.8%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; WMT's own rising wedges have hit 53.6%.

DirectionBearishTarget$121.79Projected move−7.8%Breakout level$131.02

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

WMT's Most Recent Rising Wedge Trade

WMT's most recent completed rising wedge resolved as a win: it broke down on May 21, 2026 near $124.41, then reached its target at $121.79 on May 22, 2026 — a 2.1% move (+0.24R) over 1 sessions. Across 150 backtested rising wedges, this setup wins 56.7% of the time.

OutcomeWinResult+2.1%R+0.24REntry$124.41Exit$121.79

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
WMT win rate
53.6%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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+7.8% · +0.24R
TriangleMay 13, 2026 @ $132.13May 21, 2026 @ $121.34Loss+5.6% · -1.88R
Bullish PennantMar 30, 2026 @ $124.51May 29, 2026 @ $115.75Loss+14.1% · -1.35R
TriangleMar 13, 2026 @ $125.39Mar 19, 2026 @ $121.09Loss+8.0% · -1.14R
TriangleAug 4, 2025 @ $99.13Aug 13, 2025 @ $100.99Win+5.4% · +0.39R
TriangleJul 28, 2025 @ $97.95Aug 13, 2025 @ $100.99Win+7.6% · +0.86R
TriangleJul 16, 2025 @ $94.92Aug 4, 2025 @ $99.59Loss+7.7% · -1.05R
Bullish PennantMay 30, 2025 @ $98.72Jun 12, 2025 @ $94.83Loss+8.5% · -1.05R
Rising WedgeNov 7, 2024 @ $84.18Dec 12, 2024 @ $94.09Win+4.8% · +3.35R
Falling WedgeMay 7, 2024 @ $60.17Jun 12, 2024 @ $66.31Win+3.9% · +3.86R
Rising WedgeAug 15, 2023 @ $52.97Aug 16, 2023 @ $53.09Loss+4.6% · -1.72R
TriangleMar 7, 2023 @ $46.58Apr 3, 2023 @ $49.56Loss+5.8% · -1.04R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

WMT Support and Resistance Levels

Price was turned away at a ceiling near $139.07 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $107.48 — still about 1.7% away.

  • Traders commonly watch $107.48 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $139.07 ceiling about 2 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

WMT Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$109.53$110.00$108.72$109.33
Jul 21, 2026$111.51$111.80$109.89$110.39
Jul 20, 2026$113.96$114.40$112.14$112.20
Jul 17, 2026$116.96$118.09$113.60$114.24
Jul 16, 2026$113.76$115.59$113.56$114.95
Jul 15, 2026$113.25$114.73$112.07$112.53
Jul 14, 2026$115.08$115.88$113.50$113.70
Jul 13, 2026$114.73$115.54$114.01$114.78
Jul 10, 2026$111.95$114.16$111.93$113.90
Jul 9, 2026$111.24$112.76$111.04$112.21

WMT Frequently Asked Questions

What chart pattern is WMT forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Walmart (WMT) on the daily chart, with a measured-move target of $121.79.
Is a rising wedge bullish or bearish?
The rising wedge detected on WMT is a bearish pattern, projecting a measured-move target of $121.79. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if WMT's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $121.79 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WMT's closing price on Jul 22, 2026?
Walmart (WMT) last closed at $109.33 on Jul 22, 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.