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Wmtshort

$WMT Outperforms $SPY and $XLP: A Weekly Comparative AnalysisDetails: Walmart ( NYSE:WMT ): Over the weekly time frame, Walmart saw an impressive gain of 22.51%, highlighting a strong trend in its stock performance. S&P 500 ( AMEX:SPY ) : This ETF tracks the S&P 500 Index, a benchmark for 500 of the largest companies in the U.S. stock market. During the same period, AMEX:SPY recorded a gain of 16.17%. Consumer Staples ( AMEX:XLP ): AMEX:XLP represents the Consumer Staples sector of the S&P 500, focusing on necessities like food, beverages, and household goods. It rose 15.61% in the weekly time frame. Comparative Analysis: NYSE:WMT vs. AMEX:SPY : Walmart outperformed the broader market ( AMEX:SPY ) by 6.34%. NYSE:WMT vs. AMEX:XLP : Walmart's growth outshines the Consumer Staples sector ( AMEX:XLP ) by 6.90%. Technical Indicators: 50-Day Exponential Moving Average (EMA): At present, NYSE:WMT is trading above its 50-day EMA, located around the $156.00 price mark. This divergence from the mean value might point to an overextension, particularly since the stock has reached all-time highs for the past five consecutive days. Bollinger Bands & RSI: Walmart's stock is brushing against the upper Bollinger Band, hinting at possible overbought conditions. This is further corroborated by an RSI nearing 70, signaling that a pullback might be on the horizon. Conclusion: The combination of strong weekly gains and the current technical indicators presents a complex picture for $WMT. While the stock's performance has been robust, some signs point to potential overextension. Investors and traders must weigh these factors carefully and consider their strategies accordingly. The data and analysis presented here serve as valuable tools for understanding the stock's dynamics and planning future moves.
NYSE:WMTShort
by Solidified
Walmart gap fill, will go down with a thrill?As we look at the Walmart chart we see a strong rally due to "earnings" but will the strength of the bulls last? I've been bearish on stocks for months now, expecting another swipe of the lows, or possibly even a new low in the coming weeks/months. Walmart is no exception to this outlook, we see a LARGE gap left behind from the last dump and now we're seeing a nice push up in the form of a bear flag that could lead to much lower prices. Below I will post a chart of the weekly chart for Walmart, it looks like it fell out of multi-year parabolic trend support, and is now retesting it as resistance. I believe Walmart will see much lower prices going into the new year, I'll be keeping an eye on how this develops. Remember, stay calm, level-headed, and don't follow the crowd, only the charts.
NYSE:WMTShort
by CryptoSyphn
Could WMT be starting its death drop?Here I have market off major zones where price tends to retrace too before a major change of direction. You may also notice the rising wedge headed back that has already started playing itself out. This move will happen over a short period of time. I say this because once enough selling pressure has been established, buyers will fearfully close their longs causing price to move lower which will of course attract more sellers leaving the price only to do one thing...
NYSE:WMTShort
by CJITM
Walmart Bottoms Relative to S&P 500This chart shows three things. First, the candles show how Walmart performs relative to the broader market (S&P 500 ETF - SPY). Second, it shows how that ratio changes as the unemployment rate goes up (light blue line). Third, it shows the 25-year support line of Walmart's relative performance to SPY (red line). Notice how Walmart's relative performance goes down as the unemployment rate goes down, and goes up as the unemployment rate goes up. Walmart typically fares relatively better during economic downturns presumably because more people seek out bargain prices. Also notice that, following its inflation warning, Walmart's performance relative to SPY is near its 25-year support line. One could reasonably argue a couple of things: (1) We are possibly near a bottom in terms of Walmart's underperformance to the S&P 500, and (2) If this correlation is predictive, the unemployment rate may soon start to rise. Just remember that this is a relative chart, so it does not mean that the price of Walmart's stock will go up from here. It just means that Walmart may soon begin to shift from underperforming the broader market to outperforming (if the stock market is falling, then Walmart may fall too but by a lesser magnitude). This shift can take weeks to months, but once underway, can last for years. While I am not providing financial advice, and encourage everyone to fully analyze the risks of their own trades, I am considering adding Walmart to my portfolio as a form of recession hedging. I am waiting for the possibility of Walmart to fall as much as 10% more in terms of its relative performance to the broader market (SPY), once it consolidates there I will likely begin accumulation. To read more about why I think a recession is coming you can click the link below in the related ideas section.
NYSE:WMT
by SpyMasterTrades
1
WMT:Consumer spending declining?Walmart Short Term - We look to Sell at 127.66 (stop at 133.76) This stock has recently been in the news headlines. They issued a profit warning ahead of earnings. Our outlook is bearish. A firmer opening is expected to challenge bearish resolve. Resistance is located at 128.00 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets will be 112.83 and 108.00 Resistance: 136.00 / 145.80 / 160.00 Support: 112.80 / 105.00 / 85.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:WMTShort
by VantageMarkets
$WMT Walmart back down to $122?I think we're in the process of seeing a fake breakout above resistance. Over the past few weeks, price has moved up past the $152 resistance, but price looks like it's now rolling over. Upon a break of that $152 resistance on support, it sets up the possibility for price to crash back to the $122 region before finding support. I've put key dates on the charts for changes in price action, let's see what happens over the next month or two.
NYSE:WMTShort
by benjihyam
5
WALMART WEEKLY LONG TERM ANALYSISTechnical Analysis Summary WMT /USD TREND ANALYSIS We have 1 Downtrend in red color ( INTERNAL ) We have 2 uptrend in green color (Internal and External trends) Be careful trends need to be modified when broken to the new peaks (downtrend) and lows (uptrend). LEVELS OF SUPPORT We have 1 weekly level of support which is essential to be respected for WMT to continue its move upward and its a great entry level. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
NYSE:WMT
by husseindergham
WMT Potential Double Top Options PlayDescription WMT double rejection off 152 along with converging MACD looking bearish. This is a re-entry from a related idea. Using A put debit spread, because profits are always limited by time. Put Debit Spread Levels on Chart SL > 152 *Stops based off underlying stock price, not mark to market loss The Trade BUY 11/26 149P SELL 11/26 135P R/R & Breakevens vary on fill. The long call is placed ATM for higher chance of profit, The short call is placed at the 135 support level . Earnings on 16NOV are a risk factor Manage Risk Only invest what you are willing to lose
NYSE:WMTShort
by BarnardR
WMT Weekly Options PlayDescription WMT double rejection off 150, a decisive close below this level triggers a short position. Using A put debit spread, because profits are always limited by time. Put Debit Spread Levels on Chart SL > 150 *Stops based off underlying stock price, not mark to market loss The Trade BUY 11/26 148P SELL 11/26 135P R/R & Breakevens vary on fill. The long call is placed ATM for higher chance of profit, The short call is placed at the 135 support level. Earnings on 16NOV are a risk factor Manage Risk Only invest what you are willing to lose
NYSE:WMTShort
by BarnardR
WMT shortEntry price: 150-152$ Target price: 135-137$ Stop loss: 153-155$ Chart pattern: double top - the price formed the second top, thus the price reversal is very likely Candlestick pattern: bearish engulfing RSI: approaching 70 level, therefore, the price is almost overbought Conclusions: the chart pattern, candlestick pattern and RSI suggest the trend reversal in the near future. Thus, the short position is recommended with the stop loss above the resistance level. No financial advice
NYSE:WMTShort
by vf_investment
WMT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
NYSE:WMTShort
by hadimozayan
WALMART Daily TimeframeSNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
NYSE:WMTShort
by hadimozayan
WMT shortEntry price: 151-153$ 1st target price: 142.5-144$ 2nd target price: 134-136$ RSI: broke 70 level, the asset is overbought Stochastic: both lines above 80 level, the asset is overbought Bollinger bands: the price is inside of Bollinger bands, approaching the upper band Conclusions: The asset is overbought, approaching strong resistance level around the price 152, thus the trend reversal is very likely. The short position is recommended with the two potential targets. Above analyse is just for an informative/educational use and should not be treated as a professional financial advice.
NYSE:WMTShort
by vf_investment