US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 hourBearish79%
1h Downside probability 79%Bearish

WM 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $214.69 and stabilize above resistance $218.99.

Invalidation Trigger

Break above $218.99 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.0, MACD -0.012

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8000 (0.37%)

1h

EMA Structure

Bearish
EMA 8$213.85Bearish
EMA 21$214.69Bearish
EMA 50$216.13Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.0 · MACD -0.012

Momentum is weak

Strength
Bearish
Volatility
ATR $0.8000 · BB 2.33%

Low volatility

Strength
Bullish
Volume
MFI 55.9 · OBV 26.12%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$212.86 - $218.99

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.97% · 7.9 ATR above latest close

$219.79
Nearest resistance

+2.59% · 6.9 ATR above · 34-bar high

$218.99
Current price

Price shown is delayed

$213.46
Nearest support

-0.28% · 0.7 ATR below · 34-bar low

$212.86
Deeper support zone

-0.66% · 1.8 ATR below latest close

$212.06
ATR zone

Latest close ± ATR14

$212.66 - $214.26

Indicators

Trend

Dow Theory Structure

Confirmation $214.56, invalidation $213.32

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

Trend strength is moderate

19.7 / 26.7 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$211.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.91 / $216.35Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$0.8000 (0.37%)Bullish
Bollinger Bands (20,2)

Width 2.33%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.16 / $213.1Bullish
ATR channel lower / upper

Current Volatility Envelope

$212.66 / $214.26Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$218.99Range
Support

Nearest Downside Decision Level

$212.86Range

Momentum

RSI (14)

Momentum is weak

39.0Bearish
MACD (12,26,9)

Histogram is negative

-0.012Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.7 / 18.2Bearish
Williams %R (14)

Oversold zone

-84.3Bullish
CCI (20)

Balanced zone

-95.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.9Bullish
OBV slope

20-period OBV slope

26.12%Bullish
Volume ratio

Relative to 20-period average volume

3.67xBullish

Trend

Dow Theory Structure

Confirmation $214.56, invalidation $213.32

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

Trend strength is moderate

19.7 / 26.7 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$211.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.91 / $216.35Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

39.0Bearish
MACD (12,26,9)

Histogram is negative

-0.012Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.7 / 18.2Bearish
Williams %R (14)

Oversold zone

-84.3Bullish
CCI (20)

Balanced zone

-95.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.8000 (0.37%)Bullish
Bollinger Bands (20,2)

Width 2.33%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.16 / $213.1Bullish
ATR channel lower / upper

Current Volatility Envelope

$212.66 / $214.26Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.9Bullish
OBV slope

20-period OBV slope

26.12%Bullish
Volume ratio

Relative to 20-period average volume

3.67xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$218.99Range
Support

Nearest Downside Decision Level

$212.86Range

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