Walmart vs eurodollarNow, if the fed pivots may 2nd.. i'd expect walmart to fly sky high to new highs.. but theres a recession coming. Aint nobody going to buy walmart into new highs in the face of a recession. me thinks ****s about to hit the fan.
WMTD trade ideas
Walmart primary trend remains bullish.Walmart - 24h expiry - We look to Buy at 139.11 (stop at 134.61)
Levels below 140 continue to attract buyers.
The primary trend remains bullish.
This stock has seen good sales growth.
Preferred trade is to buy on dips.
A higher correction is expected.
Our profit targets will be 150.11 and 152.11
Resistance: 150.00 / 151.12 / 153.00
Support: 148.15 / 147.00 / 145.00
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Short Walmart to 142.50Entry: 150.75
Stop: 151.15
PT: 142.50 (gap fill)
Risk to Reward (R/R): 20.62
Walmart looks overextended and has rejected 151 3 times including today. Stop is placed at 151.15, a few cents above the recent high of 151.12.
Low risk / high reward!
Walmart: Within Reach 🙌Ever been to the supermarket and couldn’t reach the topmost rack? Walmart seems to have a similar problem, struggling to let go of the mark at $150.12 to hit the turquoise zone between $152.54 and $161.76. However, we expect the share to touch at this area soon to finish wave B in turquoise. This done, it should turn downwards, returning below $150.12 and slipping further below the support at $136.09 to complete wave (A) in magenta. After a short counter movement back above $136.09, the share should drop below the support at $117.27 and into the gray zone between $116.49 and $105.01 to place the final low of wave IV in gray, which should then initiate a new upwards trend. There is a 37% chance, though, that Walmart could shoot through the turquoise zone and conquer the resistance at $161-76 directly.
WMT short below 147$#WMT can short when it below 147$. With huge volume Insider sold out .
TP : 141$ TP2 : 132$
SL : above 149$
Patience... then downsideWalmart is approaching a key area of resistance between $151 - $153 on the weekly. If we look below at the RSI trend, it can serve as a double confirmation as there is a trend line also approaching its resistance.
Once Walmart hits that early 150's range, we can look to the downside.
Not financial advice, good luck to all :)
Here is a opportunity to short WMT. First, WMT's index has reached a resistance level at the previous high.
Second, the MACD has formed a bearish divergence, indicating an upward trend in the index, but the MACD histogram is smaller than before.
Third, the deviation of the moving average is large, suggesting a technical requirement for convergence. Therefore, WMT presents a short selling opportunity for today's intraday trading.
WMT - Rising Trend Channel [MID TERM]- WMT is in a rising trend channel in the medium long term.
- WMT has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- WMT has broken up through resistance at 146.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
Walmart diamond top / H&S with targets below $WMTHead and Shoulders. Diamond top. Insider selling to the max. Bank nonsense. The drop to create bottom of diamond dwarfs the covid drop. Walmart would theoretically do well wen recession but not sure if the stock will hold up based off these technicals.
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
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!!
