Walmart (NYSE: WMT) STOCK RECOMMENDATION
| Idea | BUY |
| Buy Range | 89 – 91 |
| Target | 95 – 96 |
| StopLoss* | below 87.5 |
| Duration | 12-14 Trading Days |
| Potential Returns | 4% – 5% |
| Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
| BUY | 89 – 91 | 95 – 96 | below 87.5 | 12-14 Trading Days | 4% – 5% |
* Once the first target hit, reset the StopLoss at your buying price.
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Walmart (NYSE: WMT) STOCK OVERVIEW
Walmart Inc. operates retail, wholesale, and eCommerce globally. It has three main segments: Walmart U.S., Walmart International, and Sam’s Club. The company runs supercenters, supermarkets, warehouse clubs, and discount stores under Walmart and Walmart Neighborhood Market brands, along with various eCommerce sites and mobile apps. Walmart offers a wide range of products, including groceries, health and beauty items, home goods, apparel, electronics, and more. It also provides digital payment services and financial products like money transfers and credit cards. Originally named Wal-Mart Stores, Inc., it rebranded to Walmart Inc. in February 2018 and was founded in 1945 in Bentonville, Arkansas.
| Stock Data | |
| NYSE Symbol | WMT |
| Sectoral Index | Department/Specialty Retail Stores |
| 52 Weeks High | 90.95 |
| 52 Weeks Low | 49.85 |
Walmart (NYSE: WMT) - RELATIVE STRENGTH
Relative Performance - Last 1 Year
Walmart — Nyse —
Walmart (NYSE: WMT) - DAILY TECHNICAL ANALYSIS
- The stock price has experienced an impressive upward trend, consistently reaching higher highs and lows.
- During this rise, it entered a consolidation phase, resulting in the formation of an Ascending Triangle pattern.
- After breaking out, the stock is now trading at an all-time high and is anticipated to maintain its upward momentum.
Walmart (NYSE: WMT) - RSI
- Current RSI of this stock is 76.10, which indicates the strength of buyers.
Walmart (NYSE: WMT) - MACD
- MACD line has crossed the signal line from the below, generates bullish signal.
Walmart (NYSE: WMT) - ADX & DI
- Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
CONCLUSION - Walmart (NYSE: WMT) STOCK PRICE FORECAST
Based on our stock trading advice in USA, Walmart stock price target will be USD 95 – USD 96 in the next 12-14 trading sessions.
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