Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 20.92% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $1.73 would be kept by the premium seller. The risk of $8.27 would be incurred if the stock dropped below the $115.00 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 76.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
UK grocery sales growth slows as shoppers return to more normal routines – Kantar
Tue, 21 Jul 2020 07:07:22 +0000
UK grocery sales rose 14.6% year-on-year in the four weeks to July 12, slowing from growth of 18.9% the previous month as COVID-19 restrictions were eased to allow hospitality and leisure outlets to reopen, industry data showed on Tuesday. Market researcher Kantar said data over the period suggested shoppers are tentatively returning to more normal routines.
Walmart (WMT) Stock Sinks As Market Gains: What You Should Know
Mon, 20 Jul 2020 21:45:09 +0000
Walmart (WMT) closed at $131.47 in the latest trading session, marking a -0.2% move from the prior day.
Costco, BJ’s, Walmart’s Sam Clubs See More Shoppers Even With Uptick in Retail Restrictions
Mon, 20 Jul 2020 21:29:00 +0000
For the week of July 6, Costco, BJ’s and Walmart’s Sam’s Club each saw weekly visits rise in meaningful upticks from the prior two weeks, according to Placer.ai.
Dow Jones Stocks To Buy And Watch In July 2020: Intel, Nike, Visa
Mon, 20 Jul 2020 21:06:33 +0000
The Dow Jones Industrial Average finished the second quarter of 2020 with sharp gains, as the stock market continues to rebound. Top Dow Jones stocks to watch in July are Intel, Nike and Visa. There are clear winners — and losers — through the first half of 2020.
Walmart Restarts Talks To Sell A Stake In Its U.K. Grocer Asda
Mon, 20 Jul 2020 19:28:00 +0000
Interest has been picking up among potential investors in Asda, the U.K.’s third largest grocer, after Walmart put talks on hold during the coronavirus.
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