US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

WM 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $207.68 and stabilize above resistance $219.63.

Invalidation Trigger

Break above $219.63 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 34.0, MACD -0.110

12h
Volatility EnvironmentBullish
Low volatility

ATR is $2.02 (0.99%)

12h

EMA Structure

Bearish
EMA 8$204.7Bearish
EMA 21$207.68Bearish
EMA 50$212.95Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.0 · MACD -0.110

Momentum is weak

Strength
Bearish
Volatility
ATR $2.02 · BB 5.21%

Low volatility

Strength
Bullish
Volume
MFI 23.8 · OBV -6.53%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$200.58 - $219.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.41% · 8.5 ATR above latest close

$221.65
Nearest resistance

+7.42% · 7.5 ATR above · 34-bar high

$219.63
Current price

Price shown is delayed

$204.45
Nearest support

-1.9% · 1.9 ATR below · 34-bar low

$200.58
Deeper support zone

-2.88% · 2.9 ATR below latest close

$198.56
ATR zone

Latest close ± ATR14

$202.43 - $206.47

Indicators

Trend

Dow Theory Structure

Confirmation $206.61, invalidation $207.95

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

Trend strength is active

58.9 / 9.0 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$196.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$207.19 / $214.13Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Low volatility

$2.02 (0.99%)Bullish
Bollinger Bands (20,2)

Width 5.21%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$211.84 / $203.09Bullish
ATR channel lower / upper

Current Volatility Envelope

$202.43 / $206.47Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$219.63Range
Support

Nearest Downside Decision Level

$200.58Range

Momentum

RSI (14)

Momentum is weak

34.0Bearish
MACD (12,26,9)

Histogram is negative

-0.110Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.1 / 20.0Bullish
Williams %R (14)

Neutral zone

-59.9Range
CCI (20)

Weak expansion

-132.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.8Bearish
OBV slope

20-period OBV slope

-6.53%Bearish
Volume ratio

Relative to 20-period average volume

1.84xBullish

Trend

Dow Theory Structure

Confirmation $206.61, invalidation $207.95

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

Trend strength is active

58.9 / 9.0 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$196.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$207.19 / $214.13Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Momentum is weak

34.0Bearish
MACD (12,26,9)

Histogram is negative

-0.110Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.1 / 20.0Bullish
Williams %R (14)

Neutral zone

-59.9Range
CCI (20)

Weak expansion

-132.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$2.02 (0.99%)Bullish
Bollinger Bands (20,2)

Width 5.21%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$211.84 / $203.09Bullish
ATR channel lower / upper

Current Volatility Envelope

$202.43 / $206.47Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.8Bearish
OBV slope

20-period OBV slope

-6.53%Bearish
Volume ratio

Relative to 20-period average volume

1.84xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$219.63Range
Support

Nearest Downside Decision Level

$200.58Range

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