Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Walmart Stores' stock (WMT) returned lower in the intraday levels, recording a loss of 0.24% in the last session, or 0.23 points, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movement, with positive pressure from the 50-day SMA, while the stock gathers momentum to help it rise anew.
Therefore we expect the stock to return higher, targeting the resistance of 99.90.