Question 1

What implications does the 10-day RSI indicator have for WMT?

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 20 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

What does the Stochastic Oscillator suggest about WMT's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did WMT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 14, 2024. You may want to consider a long position or call options on WMT as a result. In 51 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 59%.

Question 4

What does MACD indicator imply for WMT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for WMT just turned positive on August 15, 2024. Looking at past instances where WMT's MACD turned positive, the stock continued to rise in 27 of 46 cases over the following month. The odds of a continued upward trend are 59%.

Question 5

What is the significance of the 50-day moving average indicator for WMT?

Accepted Answer

WMT moved above its 50-day moving average on August 14, 2024 date and that indicates a change from a downward trend to an upward trend. In 29 of 49 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 59%.

Question 6

What is the significance of the 10-day moving average indicator for WMT?

Accepted Answer

The 10-day moving average for WMT crossed bullishly above the 50-day moving average on August 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 44%.

Question 7

What does a 3-day price advance indicate for WMT?

Accepted Answer

Following a +2.23% 3-day Advance, the price is estimated to grow further. Considering data from situations where WMT advanced for three days, in 163 of 329 cases, the price rose further within the following month. The odds of a continued upward trend are 50%.

Question 8

What does a 3-day decline signify for WMT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WMT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 34%.

Question 9

What does WMT breaking above its upper Bollinger Band indicate?

Accepted Answer

WMT broke above its upper Bollinger Band on September 10, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 10

How does the Aroon Indicator reflect on WMT's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 171 of 349 cases where WMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 49%.

WMT Stock Tickeron detected bullish Stock Pattern: Broadening Top WMT on August 20, 2024, netting in a 9.33% gain over 3 weeks

WMT in upward trend: price rose above 50-day moving average on August 14, 2024

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