Walmart Inc (WMT) Down 0.1%; in an Uptrend Over Past 90 Days

The Hourly View for WMT

Last Updated December 2, 2020, 12:17 GMT

At the time of this writing, WMT’s price is down $-0.38 (-0.25%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50 and 100 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Walmart Inc Daily Price Recap

Walmart Inc entered today at $152.64, down 0.1% ($0.15) from yesterday. The change in price came along side change in volume that was down 29.78% from previous day, but up 23.73% from the Tuesday of last week. Below is a daily price chart of Walmart Inc.

WMT

Walmart Inc Technical Analysis

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. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 18 out of the past 30 days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to WMT:

    @Doozio $DMRC $WMT $PG 2020 been great year!!!! thanks for laughs, and not giving a FOOOOK!! Back in feb, &mar. When @nastynate1 and several others were being cheerleaders all the way down like you!!! the brain brain Georgy was making $$$$… i went long at perfect time.. least u werent like that thinned skin sheep @nastynate1 and block me!!! i told you $DMRC {bar code of everything} was going to kill it in 2020!!!! u a foooking huckleberry!!!!!!

    Georgedon1