Walmart Inc (WMT) Up 0.6%; Crosses 200 Day Moving Average

Walmart Inc 4 Hour Price Update

Updated July 01, 2020 04:34 PM GMT (12:34 PM EST)

The price of WMT dropped $-0.59 (-0.49%) over the past four hours. To help put that in perspective, note that Walmart Inc’s peers in the in the Retail industry are down -2.05% on average during this time, while its counterparts in the broader Consumer Defensive sector are down by an average of -0.02%.

Walmart Inc Daily Price Recap

Walmart Inc is up 0.6% ($0.72) since yesterday, marking the 2nd day in a row an increase has occurred. The change in price came along side change in volume that was up 24.39% from previous day, but down 48.84% from the Tuesday of last week. Below is a daily price chart of Walmart Inc.

Walmart Inc Technical Analysis

First things first: Walmart Inc crossed above its 200 day moving average yesterday. Volatility for Walmart Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Walmart Inc’s price has gone down 8 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about WMT:

    The U.S. Federal Reserve bought $428 million in bonds of individual companies through mid-June in household names like $WMT and $T as well as in major oil firms, tobacco giant $PM International Inc , and a utility subsidiary of billionaire Warren Buffett's $BRK.A holding company

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