Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $146.00 short put and a strike $141.00 long put offers a potential 28.87% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $146.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $3.88 would be incurred if the stock dropped below the $141.00 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 76.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Ex-Banker to Turn Billionaire Startup CEO in Nykaa IPO (Repeat)
Thu, 28 Oct 2021 03:07:24 +0000
(Bloomberg) — (This story was originally published on Aug. 3, 2021. Bloomberg News is republishing our interview with Falguni Nayar as Nykaa’s IPO opens for public subscription following blockbuster demand from anchor investors)Most Read from BloombergA Deep Dive Into Squid Game's World of InequalityMeet Six People Fighting Water Scarcity Across the GlobeHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaFor years, Falguni Nayar guided the founders of Indian companies through roadsh
Walmart and Walmart.org Increase Access to Educational Opportunities for Black and African Americans
Wed, 27 Oct 2021 19:32:09 +0000
BENTONVILLE, Ark., October 27, 2021 /3BL Media/ – Walmart Inc. (NYSE: WMT) and Walmart.org today announced a trio of additional shared value and philanthropic initiatives that build on its strategy…
Paytm to Seek $20 Billion Valuation in Upsized India IPO
Wed, 27 Oct 2021 13:16:33 +0000
(Bloomberg) — Indian digital payments company Paytm is seeking a valuation of about $20 billion when it opens its initial public offering next month, according to people familiar with the matter.Most Read from BloombergA Deep Dive Into Squid Game's World of InequalityMeet Six People Fighting Water Scarcity Across the GlobeHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaThe float, which would be the country’s biggest IPO, will be priced in a band of 2,080-2,150, the people said, a
The Zacks Analyst Blog Highlights: Casey's, Costco, Target and Walmart
Wed, 27 Oct 2021 10:51:10 +0000
The Zacks Analyst Blog Highlights: Casey's, Costco, Target and Walmart
Walmart Takes Immediate Steps For Customer Safety Following Voluntary Recall of Better Homes and Gardens Essential Oil Infused Aromatherapy Room Spray with Gemstones
Tue, 26 Oct 2021 23:50:00 +0000
BENTONVILLE, Ark., October 26, 2021–Walmart continues to assist the Consumer Product Safety Commission and Centers for Disease Control and Prevention in their investigation and on Oct. 22 voluntarily recalled about 3,900 bottles of Better Homes and Gardens-branded- Essential Oil Infused Aromatherapy Room Spray with Gemstones in six different scents due to the possible presence of a rare and dangerous bacteria.
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