Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $150.00 short call and a strike $155.00 long call offers a potential 35.87% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $1.32 would be kept by the premium seller. The risk of $3.68 would be incurred if the stock rose above the $155.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Wal-Mart is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Wal-Mart is bearish.
The RSI indicator is at 30.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
The Challenge Ahead Is to Persuade People That Recession Isn’t Inevitable
Mon, 16 May 2022 10:40:00 +0000
The economy was supposed to return to its pre-Covid steady expansion. These three things are blowing that off course, and any one of them could cause a recession on its own.
The Zacks Analyst Blog Highlights Walmart, Chevron, Mastercard, Honeywell International, and Caterpillar
Mon, 16 May 2022 10:39:10 +0000
Walmart, Chevron, Mastercard, Honeywell International, and Caterpillar are part of Zacks top Analyst Blog
Walmart’s Earnings Are Coming. They’ll Say a Lot About How Consumers Are Handling Inflation.
Mon, 16 May 2022 05:00:00 +0000
Investors will be eager to hear if Walmart reaffirms its full-year forecast or changes its view on the strength of consumer spending.
Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week
Sun, 15 May 2022 19:00:00 +0000
Retailers report their first-quarter earnings this week, including Home Depot, Walmart, Target, TJX, and Lowe’s. Plus, April retail sales and U.S. housing-market indicators.
Retail sales, Walmart earnings, More Fedspeak: What to know this week
Sun, 15 May 2022 16:00:16 +0000
The retail sector will be in focus this week after a string of wild trading sessions on Wall Street, with quarterly financials from megastore Walmart and other consumer giants in the queue along with April’s retail sales report. Investors will also tune in for more remarks from Federal Reserve officials.
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