Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $74.50 short put and a strike $69.50 long put offers a potential 11.36% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $74.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $69.50 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 56.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Winter storms threaten to chill economy
Thu, 13 Feb 2014 22:06:10 GMT
Wal-Mart Is Losing The Low-Price Wars To Dollar Stores
Thu, 13 Feb 2014 21:26:40 GMT
WAL MART STORES INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial St
Thu, 13 Feb 2014 21:06:47 GMT
Home Depot Will Tackle Spring Season With 80,000 New Workers
Thu, 13 Feb 2014 18:55:01 GMT
Wal-Mart: Upside Looks Promising
Thu, 13 Feb 2014 18:12:04 GMT
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