Walmart Inc (WMT) 2 Day Down Streak Broken, Breaks Above 200 Day Average; in a Downtrend Over Past 14 Days

Walmart Inc 4 Hour Price Update

Updated June 22, 2020 04:42 PM GMT (12:42 PM EST)

The price of WMT jumped $1.54 (1.28%) over the past four hours. For context, Walmart Inc’s peers in the in the Retail industry are up 0.74% on average in this time, while its counterparts in the broader Consumer Defensive sector are down by an average of -0.26%.

Walmart Inc Daily Price Recap

Walmart Inc entered today at $119.85, up 1.58% ($1.86) from the day prior. The price move occurred on stronger volume; specifically, yesterday’s volume was up 99.84% from the day prior, and up 42.87% from the same day the week before. Let’s take a look at the daily price chart of Walmart Inc.

Walmart Inc Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Walmart Inc crossed above its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 6 out of the past 10 days.

Overheard Around the Web

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

    $WMT Recently ordered from and rounded up my change for feeding America. Personally I think this is something that kills more people than most diseases ….being hungry. Most of us cannot even imagine that.