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Uptrend Call Working As Wal-Mart Stores Stock Rises 19.4% (WMT)

By Amy Schwartz

SmarTrend identified an Uptrend for Wal-Mart Stores (NYSE:WMT) on January 8th, 2019 at $94.84. In approximately 7 months, Wal-Mart Stores has returned 19.42% as of today's recent price of $113.25.

In the past 52 weeks, shares of Wal-Mart Stores have traded between a low of $85.78 and a high of $115.49 and are now at $113.25, which is 32% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.9%.

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