Walmart Inc. stock stalls at $116 resistance ahead of Aug. 20 earnings

Walmart Inc. stock is trading in a tight technical balance just days before the retailer’s fiscal second-quarter earnings report, due August 20. Price is hugging major resistance while shorter-term momentum leans bullish but shows fatigue. This tension is unlikely to resolve until the earnings catalyst hits the tape.

Key takeaways

• Walmart Inc. stock closed at $115.27, below the 200-day EMA at $116.05.
• Daily RSI14 reads 56.51, while the hourly RSI14 stands at a more bullish 60.51.
• The 15-minute chart is effectively flat, with MACD line and signal both at 0.04.
• BofA reiterated a Buy rating on Walmart ahead of the August 20 earnings report.
• A decisive move above $116.27 or below $114.46 would define the next trend.

Walmart Inc. Stock Daily Structure Still Capped by the 200-Day Average

Walmart Inc. stock remains capped below its 200-day average, which keeps the daily regime classified as neutral. On the daily chart, WMT closed at $115.27. This sits above the 20-day EMA at $113.22 and the 50-day EMA at $114.98. However, price remains below the 200-day EMA at $116.05, a level that has capped the broader recovery.

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