WALMART $WMT 50-Year Trend Channel adjusted for inflation
Taking CPI data into account I was trying to calculate the value of the $ adjusted for inflation.
The real value of the share in 1974 dollars is $12.47, and $65.88 of the 2024 price is effectively the result of inflation.
This means that while the nominal gain is significant, the actual increase in purchasing power is more modest due to inflation.
The real value of the share in 1974 dollars is $12.47, and $65.88 of the 2024 price is effectively the result of inflation.
This means that while the nominal gain is significant, the actual increase in purchasing power is more modest due to inflation.
In technical analysis, several methods focus on higher timeframes to provide a broader, more reliable context for trading or investment decisions. Elliott Wave Principle generally considers historical higher timeframes as mandatory.
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