US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 dayBearish68%
Daily Downside probability 68%Bearish

WM 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $231.6 and stabilize above resistance $247.15.

Invalidation Trigger

Break above $247.15 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 43.3, MACD -1.908

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $5.51 (2.44%)

Daily

EMA Structure

Range
EMA 8$230.43Bearish
EMA 21$231.6Bearish
EMA 50$228.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.3 · MACD -1.908

Momentum is weak

Strength
Bearish
Volatility
ATR $5.51 · BB 8.11%

Medium volatility

Strength
Range
Volume
MFI 54.4 · OBV -5.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$212.22 - $247.15

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.59% · 4.8 ATR above latest close

$252.66
Nearest resistance

+9.15% · 3.8 ATR above · 34-bar high

$247.15
Current price

Price shown is delayed

$226.43
Nearest support

-6.27% · 2.6 ATR below · 34-bar low

$212.22
Deeper support zone

-8.71% · 3.6 ATR below latest close

$206.71
ATR zone

Latest close ± ATR14

$220.91 - $231.94

Indicators

Trend

Dow Theory Structure

Confirmation $243.61, invalidation $224

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

Trend strength is active

30.6 / 26.7 / 24.6Bullish
Supertrend (10,3)

Price is above Supertrend

$212.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.94 / $228.63Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Volatility

ATR (14)

Medium volatility

$5.51 (2.44%)Range
Bollinger Bands (20,2)

Width 8.11%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$241.27 / $222.09Range
ATR channel lower / upper

Current Volatility Envelope

$220.91 / $231.94Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$247.15Range
Support

Nearest Downside Decision Level

$212.22Range

Momentum

RSI (14)

Momentum is weak

43.3Bearish
MACD (12,26,9)

Histogram is negative

-1.908Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 10.7Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-137.0Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.4Range
OBV slope

20-period OBV slope

-5.78%Bearish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Trend

Dow Theory Structure

Confirmation $243.61, invalidation $224

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

Trend strength is active

30.6 / 26.7 / 24.6Bullish
Supertrend (10,3)

Price is above Supertrend

$212.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.94 / $228.63Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Momentum

RSI (14)

Momentum is weak

43.3Bearish
MACD (12,26,9)

Histogram is negative

-1.908Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.5 / 10.7Bearish
Williams %R (14)

Oversold zone

-89.5Bullish
CCI (20)

Weak expansion

-137.0Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$5.51 (2.44%)Range
Bollinger Bands (20,2)

Width 8.11%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$241.27 / $222.09Range
ATR channel lower / upper

Current Volatility Envelope

$220.91 / $231.94Range

Volume / Money Flow

MFI (14)

Money flow is neutral

54.4Range
OBV slope

20-period OBV slope

-5.78%Bearish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$247.15Range
Support

Nearest Downside Decision Level

$212.22Range

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