Price Prediction of WMT

Based on the provided data and current market status, let me analyze WMT's price movement for next week.

Technical Analysis

The current price of WMT is $92.24 as of December 20 market close . The stock is showing some technical signals:

  • RSI at 53.23 indicates neutral momentum, neither overbought nor oversold
  • The stock is trading above its 20-day SMA ($93.41) and 60-day SMA ($86.10), suggesting an overall uptrend
  • Fibonacci resistance levels show R1 at $95.54 and R2 at $96.56, while support levels are at S1 $92.24 and S2 $91.22

News Sentiment Analysis Recent key developments affecting WMT:

  1. Positive factors:
  • Walmart is piloting a program to provide body cameras to employees, which received support from Jim Cramer
  • The Walton family expanded voting rights from 3 to 11 members, indicating strong family commitment to long-term governance
  1. Potential concerns:
  • Retailers are facing challenges due to potential tariffs and consumer spending pressures
  • The stock's current P/E ratio of 38.12 suggests relatively high valuation compared to historical levels

Price Prediction for Next Week Based on technical indicators and news sentiment:

  • Base case (60% probability): $92-94 range
  • Bullish case (25% probability): Break above $95.54 (R1) targeting $96.56 (R2)
  • Bearish case (15% probability): Drop to support at $91.22 (S2)

Trading Recommendation HOLD/NEUTRAL for next week. While the long-term trend remains positive, current technical indicators suggest consolidation in the near term. Wait for clearer directional signals before initiating new positions.

Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading stocks carries risk, and you should conduct your own research and consult with a financial advisor before making investment decisions.

WMT Fundamental Analysis

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