Walmart Inc. (WMT) is exhibiting potential bullish momentum, with a notable weekly gap around the $82.50 level. A breakout above the $96.18 level could signal further strength, positioning the stock to target the $105.30 resistance. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $82.48 to manage downside risk.
The Relative Strength Index (RSI) for WMT recently reached 27, indicating oversold conditions and a potential for a bounce. As of March 14, 2025, the 14-day RSI was 27.09, suggesting the stock was undervalued at that time.
Analyst sentiment remains positive, with a consensus rating of "Strong Buy" among 29 analysts. The average 12-month price target is $111.96, indicating a potential upside of approximately 28.88% from current levels. Price targets range from a low of $99.00 to a high of $120.00, reflecting confidence in the company's growth prospects.
Walmart's strong market position, strategic investments in technology, and resilience in various economic conditions support a bullish outlook for WMT, with a potential move toward the $105.30 resistance level.
WMT
The Relative Strength Index (RSI) for WMT recently reached 27, indicating oversold conditions and a potential for a bounce. As of March 14, 2025, the 14-day RSI was 27.09, suggesting the stock was undervalued at that time.
Analyst sentiment remains positive, with a consensus rating of "Strong Buy" among 29 analysts. The average 12-month price target is $111.96, indicating a potential upside of approximately 28.88% from current levels. Price targets range from a low of $99.00 to a high of $120.00, reflecting confidence in the company's growth prospects.
Walmart's strong market position, strategic investments in technology, and resilience in various economic conditions support a bullish outlook for WMT, with a potential move toward the $105.30 resistance level.
WMT 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.