Stock Traders Daily Issues a Sell Rating for Wal-Mart Stores, Inc. (NYSE:WMT)

Stock traders daily has issued a sell recommendation for Wal-Mart Stores, Inc.  (NYSE:WMT).  According to our observations the growth rates the next year look awful and the stock is trading near a resistance level now.  We would target longer term support levels if resistance holds.  Note that these targets update periodically and should be monitored for changes over time.

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Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 65.28 63.90 50.99
P2 67.21 66.79 59.32
P3 68.20 69.86 67.76

Long Term Trading Plans for WMT

February 26, 2016, 9:59 am ET

The technical Summary and associated Trading Plans for WMT listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for WMT. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.

WMT - (Long) Support Plan

Buy over 59.32 target 67.76 stop loss @ 59.06.
The technical summary data tells us to buy WMT near 59.32 with an upside target of 67.76. This data also tells us to set a stop loss @ 59.06 to protect against excessive loss in case the stock begins to move against the trade. 59.32 is the first level of support below 67.53 , and by rule, any test of support is a buy signal. In this case, support 59.32 is being tested, a buy signal would exist.

WMT - (Short) Resistance Plan

Short under 67.76 target 59.32 stop loss @ 68.02
The technical summary data is suggesting a short of WMT as it gets near 67.76 with a downside target of 59.32. We should have a stop loss in place at 68.02 though. 67.76 is the first level of resistance above 67.53, and by rule, any test of resistance is a short signal. In this case, if resistance 67.76 is being tested, a short signal would exist.

WMT Long Term Analysis

WMT EPS Analysis

WMT Dividend Chart

WMT Revenue chart

WMT Growth rate - Quarterly

WMT Growth rate - Yearly

WMT PE chart

WMT PEG chart