Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $97.00 short put and a strike $92.00 long put offers a potential 37.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.00 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $3.64 would be incurred if the stock dropped below the $92.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Wal-Mart is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Wal-Mart is bullish.
The RSI indicator is at 24.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Walmart Set to Dethrone Amazon As New Online Grocery King
Sun, 02 Dec 2018 19:04:00 +0000
But it will have to invest even more if it wants to continue holding onto the top spot.
Better Long-Term Buy: Amazon (AMZN) vs. Microsoft (MSFT) Stock
Fri, 30 Nov 2018 21:35:09 +0000
Both AMZN and MSFT are up big over the last year and the companies are headed in the right direction. So which stock looks like a better long-term buy at the moment?
Insiders Roundup: Walmart, Eli Lilly
Fri, 30 Nov 2018 20:45:25 +0000
Largest insider trades of the week
10 Hottest Christmas Toys 2018: What Parents Will Be Scrambling For
Fri, 30 Nov 2018 20:28:37 +0000
Weak Black Friday Trends Affirm That JCP Stock Is a Sell
Fri, 30 Nov 2018 18:36:55 +0000
J.C. Penney (NYSE:JCP) definitely is one stock you don’t want for Christmas. JCP stock has been plagued by slowing growth and compressing margin trends over the past several years as the company has struggled to keep up with the digital commerce shift. After all, a tremendous amount of data over the past several days has emerged implying that the 2018 holiday shopping season got off to a record start.
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