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WMT - Wal-Mart Stores Inc

Industry: Discount, Variety Stores Sector: Services Exchange: NYSE

WMT - Wal-Mart Stores Inc

Industry: Discount, Variety Stores Sector: Services Exchange: NYSE

Fri 16'th Feb 2018

PERIOD 2017-11-17 - 2018-02-16
CHANGE 1.50%
PRICE $104.78






Wal-Mart Stores Inc Stock Analysis

Technical stock analysis for Fri 16'th Feb 2018

Shorts 4.10% ( 2018-01-31 )
Cash 26 907.0 mill
Loans 190 005.0 mill
Beta 0.43
ROA 5.35
Buy candidate since 2018-02-16

Wal-Mart Stores Inc gained 1.50% in the last trading day, rising from $103.23 to $104.78, and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. The price has risen in 7 of the last 10 days and is up by 0.29% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 8.42 million more shares were traded than the day before. In total, 15.90 million shares bought and sold for approximately $1 666.20 million.

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Wal-Mart Stores Inc lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.65% during the next 3 months and, with 90% probability hold a price between $108.76 and $121.24 at the end of this period.

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Only positive signals in the chart today. Wal-Mart Stores Inc holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $101.38 and $102.58. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday February 09, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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A buy signal from a double bottom formation was found on Monday February 05, 2018 and based on theory for this formation the price should go up by 9.42% to $109.09 within 17 trading days since signal was issued (Thursday March 01, 2018).

Relative Strength Index (RSI)

RSI14 is 39 and the stock is currently not being overbought or oversold

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Support & Resistance

Wal-Mart Stores Inc finds support from accumulated volume at $100.02. On the upside the stock meets some resistance just above today's level from accumulated volume at $106.60, $107.73 and $109.55.

The stock is about to test the resistance from accumulated volume at $106.60 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $100.02 Price: $104.78 Resistance: $106.60


This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $2.96 (2.90%) between high and low. For the last week, the stock has had a daily average volatility of 2.06%.

Since the Wal-Mart Stores Inc has been rising for 6 days in a row, the risk for the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stoploss: $99.60 (-4.95%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 5 days ago.)

Overall risk:

Very Low Low Medium High Very High


Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

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