US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 dayBearish91%
Daily Downside probability 91%Bearish

WM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $226.77 and stabilize above resistance $247.15.

Invalidation Trigger

Break above $247.15 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 42.1, MACD -0.369

Daily
Volatility EnvironmentRange
Low volatility

ATR is $3.54 (1.58%)

Daily

EMA Structure

Bearish
EMA 8$224.78Bearish
EMA 21$226.77Bearish
EMA 50$227.25Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.1 · MACD -0.369

Momentum is weak

Strength
Bearish
Volatility
ATR $3.54 · BB 7.04%

Low volatility

Strength
Range
Volume
MFI 47.6 · OBV -16.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$222.16 - $247.15

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.88% · 7.5 ATR above latest close

$250.69
Nearest resistance

+10.3% · 6.5 ATR above · 34-bar high

$247.15
Current price

Price shown is delayed

$224.06
Nearest support

-0.85% · 0.5 ATR below · 34-bar low

$222.16
Deeper support zone

-2.43% · 1.5 ATR below latest close

$218.62
ATR zone

Latest close ± ATR14

$220.52 - $227.6

Indicators

Trend

Dow Theory Structure

Confirmation $222.25, invalidation $228.72

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

Trend strength is active

25.6 / 17.6 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$214.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.18 / $229.68Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Low volatility

$3.54 (1.58%)Range
Bollinger Bands (20,2)

Width 7.04%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$233.31 / $220.01Range
ATR channel lower / upper

Current Volatility Envelope

$220.52 / $227.6Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$247.15Range
Support

Nearest Downside Decision Level

$222.16Range

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-0.369Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 22.9Bearish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Balanced zone

-73.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.6Range
OBV slope

20-period OBV slope

-16.71%Bearish
Volume ratio

Relative to 20-period average volume

1.04xRange

Trend

Dow Theory Structure

Confirmation $222.25, invalidation $228.72

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

Trend strength is active

25.6 / 17.6 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$214.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.18 / $229.68Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-0.369Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 22.9Bearish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Balanced zone

-73.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$3.54 (1.58%)Range
Bollinger Bands (20,2)

Width 7.04%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$233.31 / $220.01Range
ATR channel lower / upper

Current Volatility Envelope

$220.52 / $227.6Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.6Range
OBV slope

20-period OBV slope

-16.71%Bearish
Volume ratio

Relative to 20-period average volume

1.04xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$247.15Range
Support

Nearest Downside Decision Level

$222.16Range

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