US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 hourBearish70%
1h Downside probability 70%Bearish

WM 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $227.08 and stabilize above resistance $238.

Invalidation Trigger

Break above $238 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 44.6, MACD 0.288

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.22 (0.54%)

1h

EMA Structure

Bearish
EMA 8$226.31Bullish
EMA 21$227.08Bearish
EMA 50$229.9Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.6 · MACD 0.288

Momentum is weak

Strength
Range
Volatility
ATR $1.22 · BB 2.26%

Low volatility

Strength
Bullish
Volume
MFI 48.0 · OBV -6.35%

Relative to 20-period average volume

Strength
Range
Price Levels
$224 - $238

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.65% · 10.5 ATR above latest close

$239.22
Nearest resistance

+5.11% · 9.5 ATR above · 34-bar high

$238
Current price

Price shown is delayed

$226.43
Nearest support

-1.07% · 2.0 ATR below · 34-bar low

$224
Deeper support zone

-1.61% · 3.0 ATR below latest close

$222.78
ATR zone

Latest close ± ATR14

$225.21 - $227.65

Indicators

Trend

Dow Theory Structure

Confirmation $228.2, invalidation $224.33

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

Trend strength is moderate

12.0 / 27.5 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$221.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$227.08 / $233.65Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Volatility

ATR (14)

Low volatility

$1.22 (0.54%)Bullish
Bollinger Bands (20,2)

Width 2.26%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$230.06 / $223.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$225.21 / $227.65Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238Range
Support

Nearest Downside Decision Level

$224Range

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is positive

0.288Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.1 / 35.9Bullish
Williams %R (14)

Neutral zone

-62.9Range
CCI (20)

Balanced zone

-9.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.0Range
OBV slope

20-period OBV slope

-6.35%Bearish
Volume ratio

Relative to 20-period average volume

3.76xBullish

Trend

Dow Theory Structure

Confirmation $228.2, invalidation $224.33

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

Trend strength is moderate

12.0 / 27.5 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$221.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$227.08 / $233.65Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is positive

0.288Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.1 / 35.9Bullish
Williams %R (14)

Neutral zone

-62.9Range
CCI (20)

Balanced zone

-9.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.22 (0.54%)Bullish
Bollinger Bands (20,2)

Width 2.26%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$230.06 / $223.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$225.21 / $227.65Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.0Range
OBV slope

20-period OBV slope

-6.35%Bearish
Volume ratio

Relative to 20-period average volume

3.76xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238Range
Support

Nearest Downside Decision Level

$224Range

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