Walmart Beats Revenue Expectations, Shares Decline
📊 WMT — Piyasa Yorumu
▼ down · 60%Walmart's shares fell despite exceeding revenue expectations, indicating that the market reacted with profit-taking or margin concerns. Technical indicators show RSI at 43.9, in the weak zone, and the price is below both the SMA20 and SMA50, pointing to negative short-term momentum. The MACD is below the signal line and approaching negative territory, supporting the possibility of continued downward pressure. The 0.9% decline in the last 24 hours suggests that the impact of the news has not been fully priced in, and selling pressure may persist in the coming days. However, given the positive revenue growth as a fundamental backdrop, the decline is likely to be limited, with support expected around the $114 level.