Walmart stock: buy or sell
Updated on:
Jan 18th, 2021
1
Walmart stock brief
- Walmart stock fell -1.59% to close at $144.64 on the stock market today, after 3 consecutive sessions in negative.
- Walmart Inc. engages in the retail and wholesale operations in various formats worldwide. The company operates in three segments: Walmart U. S., Walmart International, and Sam's Club.
Should I buy Walmart stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $WMT stock a buy?
In the current situation of Walmart there is not any eligible buy setup. This doesn't mean $WMT will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Walmart stock?
Do you know when is it time to sell Walmart?. Trading strategies prevent us from making impulsive decisions based on our personal feelings or the buzz that surrounds the market. Our trading system selects very simple setups to guide us on when is the best time to sell a stock. Be aware that these setups are not intended for shorting $WMT stock
A golden rule is that you should not mantain an operation that leads to losses greater than those expected upon purchase. The moment to sell shares must always be dictated by the stop-loss (automatic or manual)
Is it time to sell Walmart stock?
Currently, Walmart stock doesn't match any of our preferred sell setups, so if you own Walmart stock and your operation is in profit probably is not time to sell now
Walmart ratings
In the last month, 2 ratings were published for Walmart
| Brokerage firm | Rating |
|---|---|
| Dec 22nd, 2020 | |
| Royal Bank of Canada | |
| Jan 8th, 2021 | |
| Credit Suisse Group | |
Walmart stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
The actual range between the upper and lower bands is less than 5%, and this means that volatility is low. The tightness of the Bollinger bands is frequently a sign of a sudden price movement (up or down), so we must be careful and manage our buy or sell orders appropiately
Relative strength index
The RSI dropped below the overbought level of 70 last November after just crossing to the overbough zone for just one day (weak signal). The RSI value last Friday was 43.3. Since RSI lost the overbought zone, Walmart price collapsed a 4.77%
Walmart stock price history
Walmart started trading priced at an adjusted price1 of $0.04 on Aug 1972. Since then, WMT stock has risen by 361,500.00%, with an average of 7,531.25% per year. If you had invested thousand dollars in Walmart stock at that time, it would be valued $3,616,000.00 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Walmart stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new financial data by the company, and many times. If you are a small investor you don't have to buy or sell based on these projections.
There is just one price target issued for Walmart that forecasts a price of $161.00.
| Brokerage firm | Price target |
|---|---|
| Dec 22nd, 2020 | |
| Royal Bank of Canada | Not available |
| Jan 8th, 2021 | |
| Credit Suisse Group | $161.00 |
Earnings and financials
Walmart ($WMT) had the quarterly earnings call and posted the report last November. Walmart topped analysts estimates and posted of $1.34, that is a 13.56% increase versus the initial forecasts of $1.18. Nevertheless, reported sales of $134.7 billion were in line with market forecasts.
Same quarter last year, reported EPS was $1.16, so recently reported EPS is a gain of 15.52%. Looking at turnover, figures moved up a 5.25% compared to $1.3T same quarter 12 months ago.Walmart ($WMT) will host the earnings call mid next February. Wall Street forecasts of $1.50, compared to Q3 that was $1.34.
Walmart performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Walmart ($WMT) | -1.10% | -0.20% | 10.50% |
Please read:
The thoughts written in this post are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have an understanding of the specific positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for education reasons onlyWalmart summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $145.14 |
| Close | $144.64 |
| Day range | $143.67 - $145.9 |
| Previous close | $146.97 |
| Session gain | -1.59% |
| Average true range | $2.24 |
| 50d mov avg | $147.20 |
| 100d mov avg | $143.45 |
| 200d mov avg | $134.16 |
| Earnings date | February 16th, 2021 |