long position on WMTMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
WMT trade ideas
Elliot wave counting in the WMT stockHello,
Elliot Wave theory is a technical analysis method that is commonly used in trading to analyze price movements in financial markets. It is based on the idea that prices move in repetitive patterns, and that these patterns can be used to predict future price movements. When applied to Walmart stock, Elliot Wave analysis can provide traders with insights into the stock's price movements and potential future trends.
According to Elliot Wave theory, price movements in financial markets follow a repetitive pattern that can be divided into five waves. These waves can be used to identify the direction of the current trend and predict potential future price movements. Applying this theory to Walmart stock, a trader may look for the five waves in the stock's price movement and identify potential buying or selling opportunities based on the direction of the trend. By analyzing the patterns and trends in the Walmart stock price, traders can use Elliot Wave theory to make informed decisions about when to enter or exit the market, as well as when to place stop-loss orders to minimize potential losses.
As per this chart we are in the corrective phase for more upside.
Good luck!
Walmart (WMT) Has A Falling Wedge!Wal-Mart (WMT) has a falling wedge on the daily timeframe. The stock closed above the 200MDA 2 days in a row (last Thursday and Friday)! On the second day it also closed above the 50MDA! Last but not least, the second day closed with more buying volume and pressure than the day prior. Also, the upper trend line of the falling wedge pattern, was touched three times! Therefore, the aforementioned confluences are strong signals for price to increase over the next few weeks.
Harmony,
MrALtrades00
*This is not financial advice.
Is it a good time to invest in Walmart stock?Amidst the global economic and political turmoil marked by high inflation and surging interest rates, some things remain constant, like people buying groceries at Walmart. However, the stock price of the world's largest retailer by revenue has dropped by 13% from its all-time high in April last year. The question is whether it's a good time to invest in the company or hold back.
In the fiscal year that ended on January 31, 2022, Walmart's revenues stood at $611 billion, a 6.7% increase from the previous year. The same-store sales in the US or comps increased by 6.6%, and the e-commerce revenue in the country rose by 12%. Sam's Club warehouse brand sales also increased by double-digit percentages.
Despite its already vast base, Walmart's revenues grew at a rapid pace, but the macroeconomic factors weighed on its margins. Gross margins fell from 25.1% in the fiscal year 2021 to 24.1% in the fiscal year 2022. Operating margins also fell from 4.5% to 3.3%. The rising costs of commodities and supply chain costs are responsible for this decline.
During the Q4 2022 earnings report, the CEO stated that "In periods of inflation like this one, middle-income families, lower-middle-income families, and even wealthier families become more price sensitive." He also said, "Because of its price structure, Walmart should still be in a good position to perform well." The management expects the company's revenues to grow by 2.5-3% in the fiscal year 2023, which is more aligned with its historical performance.
Walmart is an attractive investment for several reasons in the current economic and market environment. It's a stable and long-established company that has been in business for over 60 years. The company's massive size allows it to offer low prices continuously, which is particularly important during economic downturns.
Additionally, Walmart is a consistently profitable company, with a net income of $11.7 billion last fiscal year. The company's bottom line looks appealing in times when investors favor solid assets over speculative growth stocks. Moreover, the company has been paying dividends since 1974, and the payments have increased each year. The management has enough flexibility to keep increasing the payout.
On the other hand, some investors may choose not to invest in Walmart. The company's scale is an advantage, but it also means that it has limited reinvestment opportunities. Its sales have grown at an average annual rate of 2.7% over the past decade, in line with the US GDP growth rate. The company doesn't seem to have any room for expansion to outpace the economy.
Furthermore, Walmart's stock price has only risen by 93% over the past ten years, compared to the S&P 500's growth rate of 152%. The company's inability to outperform the market during a time when asset prices were at their best due to quantitative easing does not bode well for its future earnings potential.
Finally, Walmart's current valuation may not justify its price. The company's stock trades at a trailing price-to-earnings ratio of 33, which is more expensive than the broader market. Moreover, at a projected price-to-earnings ratio of 23, Walmart's stock also trades at a premium compared to its competitors, such as Target. This discrepancy doesn't seem reasonable, given that Target has grown its earnings faster than Walmart over the past ten years and had higher average margins.
In conclusion, while Walmart's stock can be a good portfolio backbone and provide investors with a steady stream of income, it's unlikely to generate significant returns in the coming years.
WALMART higher bearish trend for expect
Hi viewers, WMT price break zone, tech. side showing we can expect higher bearish trend
TP1:133
TP2:130
WALMART : Fundamental View and Technical Analysis. It appears that more high-income consumers are now shopping at Walmart, which could be a sign of the growing economic pressures caused by rising interest rates, high inflation, and increased gasoline prices. Walmart recently reported its Q4 earnings, which showed strong revenue growth globally, with sales up almost 8% in constant currency terms to $164 billion. Sales at comparable stores (comp) were up over 8% YoY, while sales at Sam's Club were up 12% and 22%, respectively. E-commerce sales also saw a notable increase of 17% in the US.
However, Walmart's growth in sales seems to be largely driven by price increases in groceries, with food inflation rising above the national rate. This could suggest that consumers are buying only the essentials, as sales for other merchandise like toys, electronics, home goods, and clothing have declined. Walmart predicts that US sales will grow a maximum of 5%, and earnings will fall to a range of $5.90 to $6.05 per share.
While these challenges are concerning, Walmart still looks capable of continuing to gain market share even during a potential recession. In fact, its strength in groceries is worth noting, with comparable sales growing by tens of percent. However, since food inflation rose in the mid-tenths of a percent, well above the reported national inflation rate, it appears that retail sales growth is indeed driven by price increases.
Moreover, more than half of the increase in grocery prices is attributable to high-income consumers who find it necessary to shop in the lower market. While this may be a long-term advantage for Walmart, as many of these new customers may stay with the company after inflation finally subsides, it suggests that these are particularly difficult times. When even high-income households are saving, it's a worrying sign for the rest of us.
It's worth noting that Walmart is returning more cash to shareholders than it is generating in free cash flow, which may concern some investors. Cash earnings for the year rose to $12.2 billion, but Walmart paid out $6.1 billion in dividends and repurchased $9.9 billion worth of stock for a total of $16 billion. This is not what investors would like to see from the retailer for a long period of time.
If you're an investor, you may want to consider using this opportunity to invest in protective stocks that may survive or even prosper during a downturn. While Walmart may not be a discount stock, it could still be a long-term refuge from any storm. However, a National Association for Business Economics survey warns that 58% of economists believe there is more than a 50% chance of a recession in the next 12 months, with 33% predicting it will come in Q2 and 21% believing it will start in the third.
Overall, it's clear that Walmart's strong revenue growth is a good sign, but the challenges it faces, such as declining profits and the potential for a market downturn, cannot be ignored. As consumers continue to buy only the essentials and high-income shoppers opt for discounted groceries, it's important to stay vigilant and prepare for any potential economic challenges ahead.
WMT ShortI am bearish on WMT. despite the earnings release was not bad it can not bounce up. I will wait until 1st March to short it as the close below 140 it could test 130s
WALMART Stock Chart Fibonacci Analysis 022823Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 139/61.80%
WATCH retail index: Walmart Amazon Target Costco HomeDepot"Consumer retail is 70% of the economy". If anyone know where we are heading next, it should be the major big box and big web consumer retails names in the "WATCH" INDEX. WATCH is just Walmart Amazon Target Costco and Home depot added together.
$WMT with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $WMT after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
$WMT Ready for Possible DropHeading into Tuesday, Friday's closing 15- Minute range on $WMT is worth watching.
There should be strong support/resistance at 146, however, I favor the downside from a risk-reward standpoint.
Secondary support can be found at 144.50, giving a fairly clean shot at a 1.50 move to the downside off a rejection at 146.
Walmart in an effort to regain recent losses Shares in Walmart Inc (symbol ‘WMT’) made a relatively aggressive rally in October and November only to lose some of these gains in December until early February. Currently the price seems to be making a correction to the upside but the real question is if this is actually a correction or a new bull run. The company’s earnings report for the fiscal quarter ending January 2023 is set to be released on Tuesday 21st of February, before market open. The consensus EPS for Q1 is $1,51 compared to Q1 2022’s $1,53.
‘Walmart announced recently they are closing down 7 underperforming stores across 3 states. The retail giant is taking measures to be at its prime especially after continuous decline in its share price in the last couple of months.’ said Antreas Themistokleous, an analyst at Exness 'The current ratio of the company (its ability to repay short-term liabilities) is at 93% which is negative news for the investors since a good ratio would be above 100%.
On the technical side the price is trading exactly on the upper band of the Bollinger bands indicating great volatility for the company share and also trading above all moving averages and the daily bullish trendline.
The Stochastic oscillator is moving up but not in the extreme overbought level just yet so a continuation to the upside for the price is very likely. If this is the case then we might see some resistance around the $148 area which is just above the 23.6% of the daily Fibonacci retracement level.
In the case of a move down the first point of support will be possibly seen around the $141 area just above 50% of the Fibonacci and the 100-day moving average.
WALMART. Sees A dip in its FUTUREI am a huge believer non-customary methods using math, geometry, rise over run etc. to find future pricing through patterns. You'll see multiple curves and trend lines trendlines throughout that will make perfectly good sense to you if you use technical analysis. I use some fundamental analysis but nothing other than news related items. As they say by the rumor… Sell the news! Only other methodology that goes into my trading is figure out what you think is a sneaky and logical way for a market maker to manipulate SPY then locate what would be the obvious play spy should… I repeat should move… Then find somewhere in the middle because logic does not go into movement that pays out so much on options :-)… Message if you have any questions I'm happy to entertain them! God bless!!
$WMT break out with a 2-2u continuation$WMT Trade Idea
Calls over $146.12
Target $146.42, $147.86
Puts under $144.51
Target $143.72(gap fill)
Walmart support could prove difficult to breakdown.Walmart - 30d expiry - We look to Buy at 138.44 (stop at 133.86)
Levels below 138 continue to attract buyers.
The medium term bias is neutral.
138.27 has been pivotal.
Preferred trade is to buy on dips.
The stock is currently outperforming in its sector.
Support could prove difficult to breakdown.
Our profit targets will be 149.88 and 152.88
Resistance: 142.00 / 145.61 / 147.86
Support: 138.17 / 135.00 / 130.00
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.
Wallmark at demand zoneNYSE:WMT
Wallmart taking support at demand zone. If price sustain near 153, 160 will be the next target.
#WMT bullish weekly reversal @ yearly pivotHello dear Traders,
Here is my idea for #WMT
Price closed above yellow line
Targets marked in the chart
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
$WMT: I see only going up from here.Price action seems very bullish.
Divergence of MACD and crossing over of 9ema with 21ema is very bullish momentum.
For Education:
Financial metrics to consider:
Revenue and earnings growth: Walmart has consistently recorded positive revenue and earnings growth over the past few years.
Gross margin and operating margin: Walmart has stable margins, but they are lower compared to other retail companies due to its low-price strategy.
Debt and liquidity: Walmart has a strong balance sheet with low debt and good liquidity.
Economic factors to consider:
Consumer spending: Walmart is heavily dependent on consumer spending, which can impact its revenue and earnings growth.
Competition: Walmart faces intense competition from both brick-and-mortar retailers and e-commerce companies, and must continuously innovate to stay relevant.
Demographic shifts: Changing demographics, such as aging population and increasing urbanization, may affect Walmart's target market and growth prospects.
Please note that the following information is for educational purposes only and should not be considered financial advice. It is important to thoroughly research and consult with a financial advisor before making any investment decisions, including the purchase of stocks.
WMT LongI am bullish on WMT. My trade levels are:
Entry price: $140.39
Take Profit: $154.370
Stop Loss: $135.18
Risk/reward: 2.75
Walmart Inc (WMT) 12/27/2022I sold all my shares at a loss today as the stock closed below its support line at 142/share. The stock will likely test 129 before bouncing back up.
WMT - Broadening Wedge - BearishWMT is currently showing an ascending broadening wedge pattern on daily timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line is the resistance line and the lower line is the support line. As we can see in the chart that its moves increase with higher magnitudes. This pattern should be traded when the price breaks out of the support line.
In our opinion, it´s likely for the price to retrace and break out of the support line. When the price breaks out of the support line, a short position can be taken and the target can be targeted.
All the details are shown on the chart.
Goodluck!
