Walmart Upcoming Earnings: How Will Tech Initiatives Shape Results?

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Stocks Analysis by Ali Merchant covering: Walmart Inc. Read Ali Merchant's latest article on Investing.com

) is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as e-commerce websites and mobile applications, located throughout the United States, Africa, Canada, Central America, Chile, China, India, and Mexico. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, WalMart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands.

Put/Call ratio for Nov. 22 expiry is 0.702% more calls than puts which suggests the following three scenarios:Earning miss or lower guidance could trigger a sell-off Tuesday.Walmart stock is trading 61% higher YTD, reflecting the strength of its diversified business.Consumers can get drugs delivered with their grocery orders; service will be available in 49 states by the end of January.

Walmart’s Antidote to locked-up products. Some staff can use mobile devices to unlock display cases. Technology could be offered to Walmart+ loyalty members.WMT rally from May 2022 is in a parabolic Arc pattern, showing a strong trend in progress.A rejection of this channel resistance eyes a drop to 78/77 the middle line of the channel.Monthly Relative Strength model is hovering around the extreme levels at 85% in November.

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