Walmart Inc. Stock Code WMT.NYS
Price closed below the cloud in the previous trading session, hinting at a bearish price trend. During the price correction, price failed to move convincingly above the above the cloud, keeping the bearish price trend intact. Conversion line and Base line remained in a bearish crossover, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bearish with both of its line below the zero line. If price is unable to move above the cloud, it could be heading towards the support at $120.47.
$120.50 Price Target
$135.50 Risk Management Stop
3 weeks Trade Duration