• Walmart's Stock Analysis: Steady Momentum, Upcoming Earnings in Focus

  • Nov 15 2024
  • Length: 2 mins
  • Podcast

Walmart's Stock Analysis: Steady Momentum, Upcoming Earnings in Focus

  • Summary

  • **Walmart (WMT) Analysis**

    1. **Current Price and Intraday Trading Range**: As of November 14, 2024, Walmart's stock price is $84.47, with an intraday high of $85.41 and a low of $84.12[2][4].

    2. **Pre-market and After-hours Movement**: No specific pre-market or after-hours data is available in the provided sources.

    3. **Trading Volume vs Average**: The trading volume on November 14, 2024, was 10.09M, which is slightly below the average volume seen in the previous days[2].

    4. **Recent News or Announcements**: There are no recent news or announcements in the last 24 hours mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes**: No recent analyst updates or price target changes are mentioned in the provided sources.

    6. **Options Flow Activity**: No options flow activity data is available in the provided sources.

    7. **Related Sector News**: There is no related semiconductor/AI sector news affecting Walmart mentioned in the provided sources.

    8. **Key Technical Indicators for Day Trading**:
    - **Price Movement**: The stock has shown a slight increase of 1.02% as of November 12, 2024[2].
    - **Volume**: The trading volume has been moderate, with no significant spikes or drops in the recent days[2].
    - **Market Sentiment**: The overall market sentiment seems neutral to slightly positive, given the recent price movements and lack of significant news or announcements.

    **Key Metrics**:
    - **PE Ratio**: 44.23[2]
    - **PS Ratio**: 1.035[2]
    - **Market Cap**: $683.81B[2]
    - **Next Earnings Date**: November 19, 2024[5]

    **Conclusion**: Walmart's stock price has shown a slight increase recently, with moderate trading volume and no significant news or announcements. The market sentiment is neutral to slightly positive, with key technical indicators suggesting a stable position for day trading. However, it is crucial to monitor upcoming earnings and any potential analyst updates for further insights.
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