Walmart: The Mother of All Trading Ranges

On Friday, Walmart ($WMT) closed at $59.99 and the stock doesn’t look like it will close above $60 today. That’s not too surprising. The stock of the giant retailer has been stuck in a trading range for nearly 12 years.

Think about this: Not once in over 3,000 trading days has WMT closed above $64 or below $42. The last time it did was on January 19, 2000 when it closed at $64.06.

Here’s a look at WMT’s closing prices by range:

Lower	Upper	Count
$42	$44	64
$44	$46	181
$46	$48	335
$48	$50	481
$50	$52	362
$52	$54	581
$54	$56	451
$56	$58	270
$58	$60	204
$60	$62	49
$62	$64	25

More than 78% of the time, the stock been between $48 and $59.99.

Walmart has, of course, paid a dividend over the last 12 years. Since January 2000, the dividend has added 18.1% towards its total return.

Posted by Eddy Elfenbein on December 27th, 2011 at 3:28 pm

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Tickers: WMT