Walmart Inc (WMT) Up 0.5%, in an Uptrend Over Past 90 Days; Eyes 20 Day Average
This move happened on lower volume, as yesterday’s volume was down 26.57% from the day before — and down 30.18% from the same day the week before.
WMT
(Last Updated October 28, 2020)
Hello! This is the news page for Walmart Inc. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90 and 30 day timeframes, we see an uptrend in place for WMT.
WMT Moving Averages
The moving averages on WMT indicate a trend that is clearly bullish.
Below is a chart showing WMT’s price with its moving averages.
Wal-Mart (WMT) Closes Last Hour Down $-0.68; in an Uptrend Over Past 30 Days, Price Base in Formation Over Past 14 Days, is Inching Close to 20 Day Average
Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Wal-Mart (WMT) Closes Last Hour Down $-0.30; Price Base in Formation Over Past 14 Days, Eyes 20 Day Average
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Wal-Mart (WMT) Price Near $142.11; in an Uptrend Over Past 90 Days, Nears 20 Day Moving Average, Crosses 20 Day Moving Average
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Wal-Mart (WMT) Closes Prior Hour Down -0.25%; 2 Day Up Streak Snapped, in an Uptrend Over Past 30 Days
The price move occurred on volume that was up 0.42% from the day prior, but down 44.7% from the same day the week before.
Wal-Mart (WMT) Closes Prior Hour Down -0.25%; in an Uptrend Over Past 30 Days, 2 Day Up Streak Ended
The price move occurred on volume that was up 0.42% from the day prior, but down 44.7% from the same day the week before.
Wal-Mart (WMT) Price Near $144.41; in an Uptrend Over Past 90 Days, Heads Up For the 2nd Straight Day
This move happened on lower volume, as yesterday’s volume was down 9.91% from the day before — and down 28.82% from the same day the week before.
Wal-Mart (WMT) Price Near $143.94; in an Uptrend Over Past 30 Days, Pin Bar Pattern Appearing on Chart
Why does $wmt, $amzn et al think it’s different on highway s???
Wal-Mart (WMT) Price Near $142.88; 2 Day Up Streak Snapped, in an Uptrend Over Past 90 Days
Given that we see downtrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Wal-Mart (WMT) Closes Prior Hour Down -0.29%; in an Uptrend Over Past 14 Days, Moves Up For the 2nd Consecutive Day
The price move occurred on volume that was up 23.43% from the day prior, but down 0.04% from the same day the week before.