US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

12 hoursBearish72%
12h Downside probability 72%Bearish

WM 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $232.52 and stabilize above resistance $246.8.

Invalidation Trigger

Break above $246.8 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 40.9, MACD -1.425

12h
Volatility EnvironmentRange
Low volatility

ATR is $4.43 (1.96%)

12h

EMA Structure

Range
EMA 8$229.77Bearish
EMA 21$232.52Bearish
EMA 50$231.18Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.9 · MACD -1.425

Momentum is weak

Strength
Bearish
Volatility
ATR $4.43 · BB 7.65%

Low volatility

Strength
Range
Volume
MFI 51.4 · OBV -88.46%

Relative to 20-period average volume

Strength
Range
Price Levels
$224 - $246.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.95% · 5.6 ATR above latest close

$251.23
Nearest resistance

+9% · 4.6 ATR above · 34-bar high

$246.8
Current price

Price shown is delayed

$226.43
Nearest support

-1.07% · 0.5 ATR below · 34-bar low

$224
Deeper support zone

-3.03% · 1.5 ATR below latest close

$219.57
ATR zone

Latest close ± ATR14

$222 - $230.86

Indicators

Trend

Dow Theory Structure

Confirmation $243.3, invalidation $224

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

Trend strength is moderate

10.7 / 26.7 / 33.0Bearish
Supertrend (10,3)

Price is above Supertrend

$210.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.52 / $229.76Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Low volatility

$4.43 (1.96%)Range
Bollinger Bands (20,2)

Width 7.65%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$243.24 / $221.66Range
ATR channel lower / upper

Current Volatility Envelope

$222 / $230.86Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$246.8Range
Support

Nearest Downside Decision Level

$224Range

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-1.425Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.6 / 18.0Bearish
Williams %R (14)

Oversold zone

-87.4Bullish
CCI (20)

Weak expansion

-137.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-88.46%Bearish
Volume ratio

Relative to 20-period average volume

2.25xBullish

Trend

Dow Theory Structure

Confirmation $243.3, invalidation $224

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

Trend strength is moderate

10.7 / 26.7 / 33.0Bearish
Supertrend (10,3)

Price is above Supertrend

$210.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.52 / $229.76Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-1.425Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.6 / 18.0Bearish
Williams %R (14)

Oversold zone

-87.4Bullish
CCI (20)

Weak expansion

-137.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$4.43 (1.96%)Range
Bollinger Bands (20,2)

Width 7.65%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$243.24 / $221.66Range
ATR channel lower / upper

Current Volatility Envelope

$222 / $230.86Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-88.46%Bearish
Volume ratio

Relative to 20-period average volume

2.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$246.8Range
Support

Nearest Downside Decision Level

$224Range

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