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Shares of WMT Up 7.8% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Wal-Mart Stores (NYSE:WMT) on August 15th, 2019 at $111.90. In approximately 3 months, Wal-Mart Stores has returned 7.83% as of today's recent price of $120.66.

In the past 52 weeks, Wal-Mart Stores share prices have been bracketed by a low of $85.78 and a high of $120.92 and are now at $120.66, 41% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.5%.

Walmart Inc. engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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