US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 hourBearish62%
1h Downside probability 62%Bearish

WM 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $234.75 and stabilize above resistance $237.49.

Invalidation Trigger

Break above $237.49 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 48.3, MACD -0.241

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.11 (0.47%)

1h

EMA Structure

Range
EMA 8$234.61Bearish
EMA 21$234.75Bearish
EMA 50$234Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.3 · MACD -0.241

Neutral zone

Strength
Bearish
Volatility
ATR $1.11 · BB 1.98%

Low volatility

Strength
Bullish
Volume
MFI 78.2 · OBV -1.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$231.01 - $237.49

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+1.81% · 3.8 ATR above latest close

$238.6
Nearest resistance

+1.33% · 2.8 ATR above · 34-bar high

$237.49
Current price

Price shown is delayed

$234.37
Nearest support

-1.43% · 3.0 ATR below · 34-bar low

$231.01
Deeper support zone

-1.91% · 4.0 ATR below latest close

$229.9
ATR zone

Latest close ± ATR14

$233.26 - $235.48

Indicators

Trend

Dow Theory Structure

Confirmation $231.01, invalidation $234.67

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

Trend strength is active

42.9 / 18.3 / 43.0Bearish
Supertrend (10,3)

Price is above Supertrend

$230.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.92 / $234.33Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Low volatility

$1.11 (0.47%)Bullish
Bollinger Bands (20,2)

Width 1.98%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.21 / $232.31Bullish
ATR channel lower / upper

Current Volatility Envelope

$233.26 / $235.48Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$237.49Range
Support

Nearest Downside Decision Level

$231.01Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is negative

-0.241Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.9 / 50.7Bullish
Williams %R (14)

Neutral zone

-48.1Range
CCI (20)

Balanced zone

-51.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

78.2Bullish
OBV slope

20-period OBV slope

-1.65%Bearish
Volume ratio

Relative to 20-period average volume

4.25xBullish

Trend

Dow Theory Structure

Confirmation $231.01, invalidation $234.67

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

Trend strength is active

42.9 / 18.3 / 43.0Bearish
Supertrend (10,3)

Price is above Supertrend

$230.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$233.92 / $234.33Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is negative

-0.241Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.9 / 50.7Bullish
Williams %R (14)

Neutral zone

-48.1Range
CCI (20)

Balanced zone

-51.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.11 (0.47%)Bullish
Bollinger Bands (20,2)

Width 1.98%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$237.21 / $232.31Bullish
ATR channel lower / upper

Current Volatility Envelope

$233.26 / $235.48Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.2Bullish
OBV slope

20-period OBV slope

-1.65%Bearish
Volume ratio

Relative to 20-period average volume

4.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$237.49Range
Support

Nearest Downside Decision Level

$231.01Range

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