Can $WMT Sustain Its Run After Hitting $131.70?
$Wal-Mart(WMT)$
Walmart Inc.(WMT) Hits All-Time High at $131.70: Momentum Surges, Eyes on $147 Target
Latest Close Data
Closed at $131.18 on Feb 9, up +3.34% ($4.24), touching its 52-week high of $131.70.
Core Market Drivers
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Strong institutional buying sentiment persists, with 43 out of 45 analysts rating it a Buy or Strong Buy.
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The stock continues to be a defensive play amid market volatility, supported by solid retail fundamentals.
Technical Analysis
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Volume was robust at 26.6M shares (Volume Ratio: 0.93).
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MACD (DIF: 3.57, DEA: 2.47, MACD: 2.20) shows a strong bullish momentum continuation.
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RSI-6 at 86.48 signals the stock is heavily overbought in the short term, indicating a potential for consolidation or pullback.
Key Price Levels
* Immediate Pivot: $131.19 (Previous resistance, now a key level for intraday moves).
* Primary Support: $119.69 (Recent swing low).
* Strong Resistance: $131.70 (Current ATH). A sustained break above targets the $147 analyst high.
Valuation Perspective
Forward P/E of 44.39 is significantly above its historical average of 31.70 and +1 Std. Dev of 38.63, suggesting the stock is trading at a premium, pricing in strong future growth expectations.
Analyst Targets
45 analysts cover WMT. Consensus is overwhelmingly bullish with an average price target of $123.71 (offering a slight discount to current price). The high target is $147.00.
Weekly Outlook
Expect consolidation near the ATH after the sharp run-up. Key to watch is whether it can hold above $131.19. A break below could see a pullback toward $127-$125 support. Upside breakout above $131.70 opens the path toward $135-$147.
Risk Disclaimer: This analysis is for informational purposes only and not financial advice. Past performance does not guarantee future results. Investing involves risk, including potential loss of principal. Always conduct your own research and consider your financial situation before trading.
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