US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

WM 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $210.05 and stabilize above resistance $228.72.

Invalidation Trigger

Break above $228.72 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 31.3, MACD -0.237

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $3.05 (1.49%)

Daily

EMA Structure

Bearish
EMA 8$205.56Bearish
EMA 21$210.05Bearish
EMA 50$216.3Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.3 · MACD -0.237

Momentum is weak

Strength
Bearish
Volatility
ATR $3.05 · BB 9.35%

Low volatility

Strength
Bullish
Volume
MFI 31.9 · OBV -26.63%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$200.58 - $228.72

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+13.36% · 9.0 ATR above latest close

$231.77
Nearest resistance

+11.87% · 8.0 ATR above · 34-bar high

$228.72
Current price

Price shown is delayed

$204.45
Nearest support

-1.9% · 1.3 ATR below · 34-bar low

$200.58
Deeper support zone

-3.39% · 2.3 ATR below latest close

$197.53
ATR zone

Latest close ± ATR14

$201.4 - $207.5

Indicators

Trend

Dow Theory Structure

Confirmation $206.34, invalidation $207.4

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

Trend strength is active

30.0 / 4.7 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$193.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.4 / $222.09Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Low volatility

$3.05 (1.49%)Bullish
Bollinger Bands (20,2)

Width 9.35%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.01 / $203.45Bullish
ATR channel lower / upper

Current Volatility Envelope

$201.4 / $207.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$228.72Range
Support

Nearest Downside Decision Level

$200.58Range

Momentum

RSI (14)

Momentum is weak

31.3Bearish
MACD (12,26,9)

Histogram is negative

-0.237Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.3 / 14.7Bullish
Williams %R (14)

Neutral zone

-78.7Range
CCI (20)

Weak expansion

-102.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.9Bearish
OBV slope

20-period OBV slope

-26.63%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Trend

Dow Theory Structure

Confirmation $206.34, invalidation $207.4

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

Trend strength is active

30.0 / 4.7 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$193.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.4 / $222.09Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

31.3Bearish
MACD (12,26,9)

Histogram is negative

-0.237Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.3 / 14.7Bullish
Williams %R (14)

Neutral zone

-78.7Range
CCI (20)

Weak expansion

-102.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

Low volatility

$3.05 (1.49%)Bullish
Bollinger Bands (20,2)

Width 9.35%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.01 / $203.45Bullish
ATR channel lower / upper

Current Volatility Envelope

$201.4 / $207.5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.9Bearish
OBV slope

20-period OBV slope

-26.63%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$228.72Range
Support

Nearest Downside Decision Level

$200.58Range

Related Forecasts