• Return to Headlines

Wal-Mart Stores Down 13.9% Since SmarTrend Downtrend Call (WMT)

By David Diaz

SmarTrend identified a Downtrend for Wal-Mart Stores (NYSE:WMT) on February 5th, 2018 at $100.85. In approximately 2 months, Wal-Mart Stores has returned 13.89% as of today's recent price of $86.84.

In the past 52 weeks, shares of Wal-Mart Stores have traded between a low of $65.28 and a high of $109.98 and are now at $86.84, which is 33% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.2%.

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 changes in momentum for shares of Wal-Mart Stores.

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