WMT
(Last Updated April 15, 2021)
Hello! This is the news page for Walmart Inc. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
A trend/countertrend situation exists on WMT, in which an uptrend exists on shorter timeframes but a downtrend appears on the 90 day timeframe. As such, traders with short positions should be aware of the downtrend in place on the longer timeframes.
WMT Moving Averages
Nuances in the trend on WMT can be understood by observing the behavior of its moving averages. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 100 are bullish, implying a upward trend, aside from a fall about 3 months prior. Moreover, it should also be noted that the 50 SMA just turned bullish today.
Below is a chart showing WMT’s price with its moving averages.
Walmart Inc (WMT) Heads Down For the 2nd Day In A Row; in a Downtrend Over Past 30 Days
If anyone has dry powder, highly recommend june and july calls as long as we don't see sub 115.
Walmart Inc (WMT) Down 0.96%; in a Downtrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Walmart Inc (WMT) 5 Day Down Streak Broken, in a Downtrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.