US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 dayBullish68%
Daily Upside probability 68%Bullish

WM 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $210.35 and reclaim $227.66.

Invalidation Trigger

Lose $210.35 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 50.5, MACD 0.098

Daily
Volatility EnvironmentRange
Low volatility

ATR is $4.18 (1.91%)

Daily

EMA Structure

Bearish
EMA 8$216.97Bullish
EMA 21$217.84Bullish
EMA 50$220.63Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD 0.098

Neutral zone

Strength
Bullish
Volatility
ATR $4.18 · BB 5.96%

Low volatility

Strength
Range
Volume
MFI 58.7 · OBV 16.64%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$210.35 - $227.66

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.98% · 3.1 ATR above latest close

$231.84
Nearest resistance

+4.07% · 2.1 ATR above · 34-bar high

$227.66
Current price

Price shown is delayed

$218.75
Nearest support

-3.84% · 2.0 ATR below · 34-bar low

$210.35
Deeper support zone

-5.75% · 3.0 ATR below latest close

$206.17
ATR zone

Latest close ± ATR14

$214.57 - $222.93

Indicators

Trend

Dow Theory Structure

Confirmation $225.29, invalidation $212.24

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

11.4 / 35.4 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$204.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$218.88 / $222.63Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

Low volatility

$4.18 (1.91%)Range
Bollinger Bands (20,2)

Width 5.96%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$225.95 / $209.56Range
ATR channel lower / upper

Current Volatility Envelope

$214.57 / $222.93Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$227.66Range
Support

Nearest Downside Decision Level

$210.35Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

0.098Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.7 / 33.6Bullish
Williams %R (14)

Neutral zone

-48.3Range
CCI (20)

Balanced zone

11.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.7Bullish
OBV slope

20-period OBV slope

16.64%Bullish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $225.29, invalidation $212.24

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

11.4 / 35.4 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$204.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$218.88 / $222.63Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is positive

0.098Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.7 / 33.6Bullish
Williams %R (14)

Neutral zone

-48.3Range
CCI (20)

Balanced zone

11.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$4.18 (1.91%)Range
Bollinger Bands (20,2)

Width 5.96%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$225.95 / $209.56Range
ATR channel lower / upper

Current Volatility Envelope

$214.57 / $222.93Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.7Bullish
OBV slope

20-period OBV slope

16.64%Bullish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$227.66Range
Support

Nearest Downside Decision Level

$210.35Range

Related Forecasts