Stock of the Day: Walmart
15 October 2025
In today’s stock of the day, let’s take a closer look at Walmart (WMT) — one of the most popular stocks on the market right now, and for a very good reason. The retail giant is trading on long-term highs, and the technical picture fully supports this bullish sentiment. The recent upswing did not happen by accident; it is the result of a well-structured ascending triangle pattern, which has been developing over the past few months. This pattern is defined by a horizontal orange resistance and a rising dynamic red support, a textbook formation that usually precedes an upside breakout.
In September, buyers made their first attempt to escape from this pattern, but that breakout failed and the price quickly came back inside the triangle. However, yesterday brought a completely different outcome. The market gathered enough bullish momentum for a successful breakout above the orange resistance, confirming the strength of the underlying trend. This decisive move to the upside activates a long-term buy signal, giving traders and investors a clear indication that Walmart’s uptrend remains intact and likely to continue.
From a technical perspective, as long as Walmart’s price remains above the broken resistance — now turned into support — the sentiment stays firmly positive. The breakout not only marks a continuation of the company’s strong performance but also signals that the market still sees value and growth potential in the stock despite already elevated price levels. As always, a daily close back below the orange support would be a warning sign and could invalidate the bullish setup, but for now, the momentum is clearly with the buyers.