Walmart, sell signal in progress
Walmart sheds 10% after earnings as sellers retake control
Our view last week
A strong week for Walmart: 79% of volume came in on the buy side, the stock rose 3.1% and bounced 3% off its daily 20-day moving average in the 112 area. Downside momentum keeps fading, extending the turnaround already visible last week. The sell signal remains technically in force, but it's losing steam. Earnings land August 20, this week: volatility could pick up.
This week's summary
A heavy week for Walmart: the stock sheds 10% after quarterly earnings, with sellers back in control of weekly volume at 89%. Last week's bounce fades fast: momentum swings sharply negative again and money flow turns to marked distribution. The weekly price action shows mixed rejection bars and buyer participation collapsing.
IQS Phase
51
ordinary
Signal Strength
66
decline starting to make lower lows
Sizing
STANDARD
Ranking
#11 / 93
US stocks
Trade P&L %
+10.41%
from signal to date, no stop loss
Rank position
ranks 11th among the 93 sell signals for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
WMT belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
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