US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

12 hoursBullish77%
12h Upside probability 77%Bullish

WM 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $210.35 and reclaim $227.66.

Invalidation Trigger

Lose $210.35 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 57.4, MACD 0.572

12h
Volatility EnvironmentRange
Low volatility

ATR is $4.32 (1.93%)

12h

EMA Structure

Range
EMA 8$218.5Bullish
EMA 21$218.38Bullish
EMA 50$220.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.4 · MACD 0.572

Momentum is strong

Strength
Bullish
Volatility
ATR $4.32 · BB 6.61%

Low volatility

Strength
Range
Volume
MFI 53.7 · OBV 36.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$210.35 - $227.66

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.54% · 1.8 ATR above latest close

$231.97
Nearest resistance

+1.61% · 0.8 ATR above · 34-bar high

$227.66
Current price

Price shown is delayed

$224.05
Nearest support

-6.11% · 3.2 ATR below · 34-bar low

$210.35
Deeper support zone

-8.04% · 4.2 ATR below latest close

$206.03
ATR zone

Latest close ± ATR14

$219.73 - $228.37

Indicators

Trend

Dow Theory Structure

Confirmation $225.29, invalidation $212.24

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

Trend strength is moderate

12.0 / 34.4 / 19.7Bullish
Supertrend (10,3)

Price is above Supertrend

$209.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$218.93 / $222.63Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

Low volatility

$4.32 (1.93%)Range
Bollinger Bands (20,2)

Width 6.61%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$226.86 / $209.8Range
ATR channel lower / upper

Current Volatility Envelope

$219.73 / $228.37Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$227.66Range
Support

Nearest Downside Decision Level

$210.35Range

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is positive

0.572Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.1 / 53.3Bullish
Williams %R (14)

Overbought zone

-10.9Bearish
CCI (20)

Strong expansion

140.9Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.7Range
OBV slope

20-period OBV slope

36.79%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $225.29, invalidation $212.24

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

Trend strength is moderate

12.0 / 34.4 / 19.7Bullish
Supertrend (10,3)

Price is above Supertrend

$209.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$218.93 / $222.63Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is positive

0.572Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.1 / 53.3Bullish
Williams %R (14)

Overbought zone

-10.9Bearish
CCI (20)

Strong expansion

140.9Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$4.32 (1.93%)Range
Bollinger Bands (20,2)

Width 6.61%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$226.86 / $209.8Range
ATR channel lower / upper

Current Volatility Envelope

$219.73 / $228.37Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.7Range
OBV slope

20-period OBV slope

36.79%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$227.66Range
Support

Nearest Downside Decision Level

$210.35Range

Related Forecasts