Walmart's Oversold Opportunity?

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