Price Position and Structural State
Walmart Inc. (WMT) closed at 115.47 USDT on July 16, 2026, up 2.25%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 107.26 USDT, with resistance near 122.93 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
WMT is trading inside a zone of moving-average confluence. MA9 at 113.643 USDT sits just below price, while MA50 at 115.974 USDT sits just above. The compression across multiple moving averages signals range contraction rather than trend dominance. The next meaningful read comes from price separating cleanly from this cluster.
Trading Friction and Price Efficiency
WMT shows moderate trading friction, with a 3-day friction score of 61.9. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest data is limited for this asset, so the leverage range cannot be judged reliably yet. This makes futures participation harder to compare with recent history.
Funding is near neutral across the 24-hour and 7-day averages, at 0.000000% and 0.000000%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
Long/short positioning data is limited for this asset, so account-side crowding cannot be judged reliably yet.
Correlation, Beta, and Index Relationship
WMT shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | -0.159 | -0.101 | 0.025 | Inverse linkage |
| 60D | — | — | — | Not enough data |
| 180D | — | — | — | Not enough data |
Momentum, Volatility, and Indicator Pressure
WMT remains in a low-volatility setup. ATR% reads 2.03, near the lower side of its full historical range, and Bollinger Band width% reads 6.52, near the lower side of its full historical range. 20-day Volume Z-score is -0.40, so participation is not forcing a broader move yet.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +3.39%, while RSI is 53.75.
The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. WMT has a weak link to that market condition, so price behavior depends mainly on asset specific structure rather than the broader market.
Key Levels for the Next State Change
For WMT, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 122.93 USDT establishes a bullish regime, while a daily close below 55-day support at 107.26 USDT confirms a bearish regime.