WMT

WMT

Walmart Inc
Retail
$119.89 -1.02% As of Oct 23, 9:01 PM
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Trade Idea

Strategy
Bull Call
Strikes
$105/106
Expiration
Oct 9
Target ROI
100.0%
Trade Reasoning
The current price of WMT at $105.91 is positioned just above the lower strike of our Bull Call Spread at $105, indicating a favorable entry point for a bullish outlook. With no identified technical risk factors, the environment is conducive for upward movement, enhancing the likelihood of achieving our profit target. The ATM spread structure allows us to capitalize on this potential price increase while managing our risk effectively, aiming for an attractive risk/reward ratio. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

EMA Crossover Fuels WMT Move to $119.89

Bullish
Oct 23, 2026 at 9:01 PM • $119.89 (-1.02%)

The stock of Walmart Inc (WMT) dropped 1.02% to close at $119.89 on October 23.

Chart analysis reveals a bullish configuration:

Moving Averages Price trades above the 9-day EMA ($117.48) with a bullish stack. The 21-day EMA at $113.98 provides support.
Momentum RSI at 69.7 is neutral but weakening. MACD reads 3.21 against its 2.28 signal line (bullish).
Volatility Bollinger Band width at 20.6% indicates normal volatility.

The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.

Technical levels: $100.64 support, $123.75 resistance.

Momentum Fatigue: WMT Extended at $121.12

Bearish
Oct 23, 2026 at 12:03 AM • $121.12 (+2.82%)

Walmart Inc (WMT) advanced 2.82%, ending the session at $121.12 on October 23.

The technical setup looks bullish:

Momentum RSI at 74.5 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (3.11 vs signal 2.05).
Moving Averages Price trades above the 9-day EMA ($116.88) with a bullish stack. The 21-day EMA at $113.39 provides support.
Volatility Bollinger Band width at 19.9% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Support sits at $100.47 with resistance at $122.73.

RSI Flashes Caution as WMT Extends to $121.12

Bearish
Oct 22, 2026 at 9:01 PM • $121.12 (+2.82%)

Bulls Push WMT Above Key EMAs to $117.80

Bullish
Oct 22, 2026 at 12:19 AM • $117.80 (-0.05%)

WMT Technical Picture Brightens at $117.80

Bullish
Oct 21, 2026 at 9:01 PM • $117.80 (-0.05%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -14
Trade Date Sep 8, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.