US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

WM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $219.86 and stabilize above resistance $243.61.

Invalidation Trigger

Break above $243.61 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 31.0, MACD -0.532

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $3.15 (1.48%)

Daily

EMA Structure

Bearish
EMA 8$216.26Bearish
EMA 21$219.86Bearish
EMA 50$223.26Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.0 · MACD -0.532

Momentum is weak

Strength
Bearish
Volatility
ATR $3.15 · BB 6.77%

Low volatility

Strength
Bullish
Volume
MFI 25.1 · OBV -22.44%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$212.82 - $243.61

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.6% · 10.6 ATR above latest close

$246.76
Nearest resistance

+14.12% · 9.6 ATR above · 34-bar high

$243.61
Current price

Price shown is delayed

$213.46
Nearest support

-0.3% · 0.2 ATR below · 34-bar low

$212.82
Deeper support zone

-1.78% · 1.2 ATR below latest close

$209.67
ATR zone

Latest close ± ATR14

$210.31 - $216.61

Indicators

Trend

Dow Theory Structure

Confirmation $216.27, invalidation $218.99

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.4 / 11.6 / 32.3Bearish
Supertrend (10,3)

Price is above Supertrend

$204.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$219.86 / $229.98Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Low volatility

$3.15 (1.48%)Bullish
Bollinger Bands (20,2)

Width 6.77%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$225.78 / $213.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$210.31 / $216.61Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.61Range
Support

Nearest Downside Decision Level

$212.82Range

Momentum

RSI (14)

Momentum is weak

31.0Bearish
MACD (12,26,9)

Histogram is negative

-0.532Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.8 / 4.6Bullish
Williams %R (14)

Oversold zone

-95.2Bullish
CCI (20)

Weak expansion

-138.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-22.44%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Trend

Dow Theory Structure

Confirmation $216.27, invalidation $218.99

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.4 / 11.6 / 32.3Bearish
Supertrend (10,3)

Price is above Supertrend

$204.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$219.86 / $229.98Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

31.0Bearish
MACD (12,26,9)

Histogram is negative

-0.532Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.8 / 4.6Bullish
Williams %R (14)

Oversold zone

-95.2Bullish
CCI (20)

Weak expansion

-138.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$3.15 (1.48%)Bullish
Bollinger Bands (20,2)

Width 6.77%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$225.78 / $213.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$210.31 / $216.61Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-22.44%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$243.61Range
Support

Nearest Downside Decision Level

$212.82Range

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