Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 7.07% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $77.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Wal-Mart
Review: 4 shopping apps that will save you money
Wed, 26 Nov 2014 08:02:07 GMT
Wal-Mart’s Chief Merchant Leaves
Wed, 26 Nov 2014 05:24:53 GMT
The Wall Street Journal – Wal-Mart’s chief merchandising officer is leaving the retailer just days before the annual Thanksgiving shopping frenzy known as Black Friday.
Cramer: Rookie IPO surges
Tue, 25 Nov 2014 23:25:00 GMT
Black Friday is turning grey
Tue, 25 Nov 2014 21:54:00 GMT
Wal-Mart's top merchant out as key holiday nears
Tue, 25 Nov 2014 21:41:45 GMT
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