Will Walmart’s stock price continue to recover?

Walmart Technical Analysis Summary

Buy Stop Above 126.15.

Stop Loss: Below 119.87.

Indicator Signal
IRS Neutral
MACD To buy
Donchian Channel To buy
MA(200) Sale
Fractals To buy
Parabolic SAR To buy

Walmart chart analysis

Technical analysis of the Walmart stock price chart on the daily time frame shows that #S-WMT, Daily is rebounding towards the 200-day moving average MA (200) after hitting a two-year low a year ago eight weeks. We believe bullish momentum will resume after price breaks above the upper Donchian boundary at 126.15. This level can be used as an entry point to place a pending buy order. The stop loss can be placed below the lower Donchian boundary at 119.87. After placing the order, the stop loss should be moved daily to the next fractal low, following the signals from the parabolic indicator. Thus, we modify the expected profit/loss ratio to the break-even point. If the price meets the stop loss level (119.87) without reaching the order (126.15), we recommend to cancel the order: the market has undergone internal changes which have not been taken into account.

Fundamental Stock Analysis – Walmart

Walmart has announced that it will start charging vendors pickup and fuel fees. Will Walmart’s stock price continue to recover?

Walmart Inc is a United States-based retail and wholesale giant that operates globally. Its market capitalization is $343 billion. The stock trades at a P/E (Trailing Twelve Months) ratio of 26.97 currently, company revenue (ttm) was $576.0 billion, while return on equity ( ttm) was 15.53% and the return on assets (ttm) was 6.31%. Walmart said it will charge some of its suppliers starting next month new fees for moving goods to its warehouses and stores. Walmart’s “collected value vendors” will be charged a “collective pickup charge” calculated as a percentage of the cost of goods received and a fuel surcharge based on the cost of fuel to transport the goods. In May, Walmart, the nation’s largest retailer, slashed its full-year profit outlook citing rising labor and fuel costs, with fuel costs in particular surging by over $160 million forecast.


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Karen J. Nelson