Is Walmart stock sinking?
Walmart Inc. has revised its earnings per share forecast from 6.40 USD to 6.48 USD, significantly below market expectations. In addition, the company's revenue projections have deteriorated. Against the backdrop of decreasing inflation in the US, there has been a sell-off of the issuer's securities. Concerns about competition with the...
Retail earnings season is upon us. So far, FactSet notes that 92% of the S&P 500 has reported Q3 results, and the total beat rate is strong at 81% - the highest since Q3 2021. What’s more, the blended EPS growth rate is now seen at +4.1% - the first positive YoY earnings growth rate quarter in a year. Analysts have turned more optimistic about how Q3 progressed,...
Walmart (WMT) stock trades at $166.03, with a market capitalization of approximately $447.1 billion and an enterprise value of approximately $498 billion. A closer look at the financial metrics reveals earnings per share (EPS) of $5.2138 and strong cash flow, with operating cash flow per share of $14.1336 and free cash flow of $7.2339. Walmart's current ratio is...
We are in the correction, and I think it will continue for more time.
But the Trend is still Bullish in the long-term.
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WMT strongly bounced from a major support level on 6 October. This level is also the 38.2 retracement level of impulse wave 5 of the motive wave. WMT may go up a couple of days before coming down to retest this level again. Given how strong this support level is (look to the left of the chart), I expect WMT to go up after retesting this level.
It seems that WMT...
This trade is with the trend, and there is a pattern on M15 and M30, there is a double top on M15 and M30 with divergence, this trade has a tight stop loss but a very high target that is expected to reach.
#WMT broke down below 155$ after got ATH at 166$.
We can see WMT end of bullish wave at this time. My plan will wait for WMT back test at 160-162 to create HNS before flush down to 154/151/143$. This plan will be failure if WMT close above 163$
As you can see in the pic above. We are overextended in the top of the bollinger bands. The P/E Ratio is higher than 15 so it could signal that WMT is overvalued. We have bounced off the Bollinger band and we are over-extended from the VWAP. This could be a hold-for-a-month type of play.
Walmart / WMT broke through the 1day MA50 and is testing the bottom of both the short and long term Channel Up patterns.
This is the first technical buy entry of this sequence, with the second being on the 1day MA100 and as long as no 1day candle closes under it.
Buy and target 168.00 (Fibonacci 1.236 extension).
Note: The 1day RSI also has clear Support levels...
Walmart was rejected from the upper line of the rising channel, and the new price movement could be the lower line of the channel (also there is a support line there)
price target for short position $160.
a breakout above the channel should be stoploss.
Hello There!
Welcome to my new analysis about WMT on the 2-hour timeframe perspectives. As I mentioned in previous ideas the stock market currently is in a highly mixed condition with many stocks being bullish and having breakout potentials while others make better short candidates. The approach with a total-return trading is to make profits in all states of the...
Walmart has formed a Rising Wedge into the PCZ of a Bearish Alternate Bat, and as it's made its way to the PCZ, the PPO has given us both a Bearish Confrimation Circle and 3 Falling Peaks. If this plays out, I think WMT could easily see $130, but there is room for it to go down to as low as $90.
📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern.
📈 How to Identify:
Draw a trendline connecting at least two lower...
Hi ....folks that is clear as acrystal that where is suitable for entering in short position on Walmart share ......170 even number -----178usd .......respect to parallel channels ....!!!1
if you are using my signals please booost my posts.....
Goooooood Luuuuuuck
