Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 7.53% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $72.50 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
Sainsbury's to cut spending to lure shrewd shoppers
Wed, 12 Nov 2014 07:57:14 GMT
Wal-Mart Spreads ‘Black Friday’ Over Five Days
Wed, 12 Nov 2014 06:03:07 GMT
The Wall Street Journal – Wal-Mart said it is abandoning the traditional “Black Friday” one-day post-Thanksgiving sales model and instead will offer its best deals over a five-day period straddling Thanksgiving.
How good are Walmart's Black Friday deals?
Wed, 12 Nov 2014 05:01:00 GMT
The “New Black Friday” Exclusively at Walmart
Wed, 12 Nov 2014 05:01:00 GMT
Business Wire – Walmart today announced the “New Black Friday,” taking the hottest shopping day of the season to the next level. Days – not hours – of deep discounts on the hottest gifts kick off online Thanksgiving morning and lead right into the store’s first event at 6 p.m.
Wal-Mart making Black Friday a five-day event
Wed, 12 Nov 2014 05:01:00 GMT
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