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Shares of WMT Up 20.2% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Wal-Mart Stores (NYSE:WMT) on January 8th, 2019 at $94.84. In approximately 6 months, Wal-Mart Stores has returned 20.24% as of today's recent price of $114.03.

Wal-Mart Stores share prices have moved between a 52-week high of $115.49 and a 52-week low of $85.78 and are now trading 33% above that low price at $114.03 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company's discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart's markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wal-Mart Stores shares.

Log in and add Wal-Mart Stores (WMT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights wal-mart stores

Ticker(s): WMT