WBA Stock Sees a 0.76% movement, forming bullish Momentum on Dec 31, 2024
Date: Dec 31, 2024 (Tuesday)
open : $9.30
close : $9.33
low : $9.22
high : $9.51
previous close: $9.26
Also check: Tool to spot which candlestick has formed
On Dec 31, 2024 (Tuesday), WALGREENS BOOTS ALLIANCE, INC. (WBA) in the Healthcare sector showed bullish momentum of 0.76% w.r.t previous day's close. The stock belongs to the Pharmaceuticals industry within the Healthcare sector.
At the opening bell, the stock started with a a gap up at $9.30, compared to the previous close of $9.26 (a gap up of 0.43%).
The stock hit a high of $9.51 and a low of $9.22, creating a trading range of $0.29. The price movement for the day was 0.32% higher than the opening price.
During the day's session, the WALGREENS BOOTS ALLIANCE, INC. experienced a substantial drop in trading activity, trading 12,592,224 shares, which is 46.32% lower than the average of 23,456,608 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.
The stock showed moderate volatility (3.11%) with movement between $9.22 and $9.51.
If we look at the last month's 1D chart, the stock has been in a downtrend, but today's close > open forms a bullish candle, defying the trend and suggesting potential buying pressure or an early sign of a possible reversal.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.