US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

12 hoursBullish76%
12h Upside probability 76%Bullish

WM 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $212.22 and reclaim $238.61.

Invalidation Trigger

Lose $212.22 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 61.4, MACD -0.025

12h
Volatility EnvironmentRange
Low volatility

ATR is $3.55 (1.51%)

12h

EMA Structure

Bullish
EMA 8$234.3Bullish
EMA 21$230.7Bullish
EMA 50$226.06Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.4 · MACD -0.025

Momentum is strong

Strength
Range
Volatility
ATR $3.55 · BB 8.56%

Low volatility

Strength
Range
Volume
MFI 51.3 · OBV -95.99%

Relative to 20-period average volume

Strength
Range
Price Levels
$212.22 - $238.61

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.32% · 2.2 ATR above latest close

$242.16
Nearest resistance

+1.81% · 1.2 ATR above · 34-bar high

$238.61
Current price

Price shown is delayed

$234.37
Nearest support

-9.45% · 6.2 ATR below · 34-bar low

$212.22
Deeper support zone

-10.96% · 7.2 ATR below latest close

$208.67
ATR zone

Latest close ± ATR14

$230.82 - $237.92

Indicators

Trend

Dow Theory Structure

Confirmation $237.49, invalidation $230.05

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

Trend strength is active

30.2 / 37.9 / 27.7Bullish
Supertrend (10,3)

Price is above Supertrend

$222.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$230.32 / $224.37Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

Low volatility

$3.55 (1.51%)Range
Bollinger Bands (20,2)

Width 8.56%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.27 / $223.67Range
ATR channel lower / upper

Current Volatility Envelope

$230.82 / $237.92Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.61Range
Support

Nearest Downside Decision Level

$212.22Range

Momentum

RSI (14)

Momentum is strong

61.4Bullish
MACD (12,26,9)

Histogram is negative

-0.025Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.2 / 80.4Bearish
Williams %R (14)

Neutral zone

-27.8Range
CCI (20)

Balanced zone

51.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

-95.99%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Trend

Dow Theory Structure

Confirmation $237.49, invalidation $230.05

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

Trend strength is active

30.2 / 37.9 / 27.7Bullish
Supertrend (10,3)

Price is above Supertrend

$222.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$230.32 / $224.37Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

61.4Bullish
MACD (12,26,9)

Histogram is negative

-0.025Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.2 / 80.4Bearish
Williams %R (14)

Neutral zone

-27.8Range
CCI (20)

Balanced zone

51.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$3.55 (1.51%)Range
Bollinger Bands (20,2)

Width 8.56%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.27 / $223.67Range
ATR channel lower / upper

Current Volatility Envelope

$230.82 / $237.92Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

-95.99%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.61Range
Support

Nearest Downside Decision Level

$212.22Range

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