US stock / ETF

Walmart Inc.

WMT · NASDAQ · USD

4 hoursRange47%
4h Range probability 94%Range

WMT 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $105.16 - $109.68 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 50.0, MACD -0.079

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7618 (0.71%)

4h

EMA Structure

Bullish
EMA 8$108.11Bearish
EMA 21$107.73Bearish
EMA 50$107.29Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.0 · MACD -0.079

Neutral zone

Strength
Range
Volatility
ATR $0.7618 · BB 4.59%

Low volatility

Strength
Bullish
Volume
MFI 48.9 · OBV -11.03%

Relative to 20-period average volume

Strength
Range
Price Levels
$105.16 - $109.68

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.69% · 3.8 ATR above latest close

$110.44
Nearest resistance

+1.98% · 2.8 ATR above · 34-bar high

$109.68
Current price

Price shown is delayed

$107.55
Nearest support

-2.22% · 3.1 ATR below · 34-bar low

$105.16
Deeper support zone

-2.93% · 4.1 ATR below latest close

$104.4
ATR zone

Latest close ± ATR14

$106.79 - $108.31

Indicators

Trend

Dow Theory Structure

Confirmation $109.68, invalidation $105.72

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

40.5 / 30.1 / 18.8Bullish
Supertrend (10,3)

Price is above Supertrend

$105.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$107.92 / $106.1Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Volatility

ATR (14)

Low volatility

$0.7618 (0.71%)Bullish
Bollinger Bands (20,2)

Width 4.59%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.08 / $106.45Bullish
ATR channel lower / upper

Current Volatility Envelope

$106.79 / $108.31Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$109.68Range
Support

Nearest Downside Decision Level

$105.16Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is negative

-0.079Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 55.1Bearish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

1.5Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.9Range
OBV slope

20-period OBV slope

-11.03%Bearish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Trend

Dow Theory Structure

Confirmation $109.68, invalidation $105.72

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

40.5 / 30.1 / 18.8Bullish
Supertrend (10,3)

Price is above Supertrend

$105.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$107.92 / $106.1Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Momentum

RSI (14)

Neutral zone

50.0Range
MACD (12,26,9)

Histogram is negative

-0.079Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 55.1Bearish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

1.5Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.7618 (0.71%)Bullish
Bollinger Bands (20,2)

Width 4.59%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.08 / $106.45Bullish
ATR channel lower / upper

Current Volatility Envelope

$106.79 / $108.31Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.9Range
OBV slope

20-period OBV slope

-11.03%Bearish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$109.68Range
Support

Nearest Downside Decision Level

$105.16Range

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