Walmart breaches main upward trend line - Analysis - 09-01-2020

2020-01-09 13:15:21 GMT (Economies.com)
 

Walmart's stock kept falling in the short term, marking a 0.34% loss amid pressure from the 50-day SMA, with negative signals from the RSI, while piercing the main upward trend line recently. 

 

Therefore we expect more losses for the stock, targeting the support of 113.27. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1025
-0.0069
0.6179%
1.3073
0.0072
0.5534%
Tadawul
8331.73
-54.62
0.65%
18.104
0.083
0.458%
54.273
-4.505
7.665%
60.77
-1.26
2.03%
1570.630
13.715
0.881%
 
 
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