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 9.89% return on risk over the next 29 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 $0.45 would be kept by the premium seller. The risk of $4.55 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
Wal-Mart Bulls Betting on Oil to Light Up Christmas Sales
Mon, 24 Nov 2014 05:00:01 GMT
Cramer pays tribute to his Pop, Ken
Fri, 21 Nov 2014 23:15:00 GMT
Stock Pops & Drops: BID, RENN, FL & SCTY
Fri, 21 Nov 2014 22:16:00 GMT
SolarCity and Wal-Mart Sustainability Story Continues
Fri, 21 Nov 2014 20:45:02 GMT
Zacks – SolarCity Corporation (SCTY) has signed a deal with Wal-Mart Stores (WMT) for installation of new solar projects.
Walmart workers announce Black Friday protest locations
Fri, 21 Nov 2014 19:25:17 GMT
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