Walmart Inc (WMT) Down 0.16%, in an Uptrend Over Past 14 Days; Price Base in Formation Over Past 90 Days

Walmart Inc Daily Price Recap

The choppiness in the recent daily price action of Walmart Inc continues; to start today, it came in at a price of 132.12 US dollars, down 0.16% ($0.21) since the previous day. This move happened on lower volume, as yesterday’s volume was down 2.04% from the day before — and down 24.78% from the same day the week before. Here is a daily price chart of Walmart Inc.

Walmart Inc Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone up 8 out of the past 14 days.

Overheard Around the Web

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

    $SPY I'm thinking the next drop is when the $NFLX $AMZN $WMT $TSLA pumped companies report, and we all see that earnings and guidance are not as explosive as people are betting. Instead of not as bad as we thought, it will be a dose of not as good as we thought