US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

WM 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $227.7 and reclaim $240.17.

Invalidation Trigger

Lose $227.7 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 63.9, MACD -0.064

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.39 (0.58%)

1h

EMA Structure

Bullish
EMA 8$238.59Bearish
EMA 21$236.37Bullish
EMA 50$232.09Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.9 · MACD -0.064

Momentum is strong

Strength
Range
Volatility
ATR $1.39 · BB 6.06%

Low volatility

Strength
Bullish
Volume
MFI 54.2 · OBV 14.80%

Relative to 20-period average volume

Strength
Range
Price Levels
$227.7 - $240.17

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.26% · 2.2 ATR above latest close

$241.56
Nearest resistance

+0.68% · 1.2 ATR above · 34-bar high

$240.17
Current price

Price shown is delayed

$238.56
Nearest support

-4.55% · 7.8 ATR below · 34-bar low

$227.7
Deeper support zone

-5.14% · 8.8 ATR below latest close

$226.31
ATR zone

Latest close ± ATR14

$237.17 - $239.95

Indicators

Trend

Dow Theory Structure

Confirmation $240.17, invalidation $237

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

42.1 / 48.2 / 22.6Bullish
Supertrend (10,3)

Price is above Supertrend

$234.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$236.62 / $231.59Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Volatility

ATR (14)

Low volatility

$1.39 (0.58%)Bullish
Bollinger Bands (20,2)

Width 6.06%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.13 / $233.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$237.17 / $239.95Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.17Range
Support

Nearest Downside Decision Level

$227.7Range

Momentum

RSI (14)

Momentum is strong

63.9Bullish
MACD (12,26,9)

Histogram is negative

-0.064Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.4 / 82.4Bearish
Williams %R (14)

Neutral zone

-38.6Range
CCI (20)

Balanced zone

49.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.2Range
OBV slope

20-period OBV slope

14.80%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $240.17, invalidation $237

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

42.1 / 48.2 / 22.6Bullish
Supertrend (10,3)

Price is above Supertrend

$234.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$236.62 / $231.59Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Momentum

RSI (14)

Momentum is strong

63.9Bullish
MACD (12,26,9)

Histogram is negative

-0.064Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.4 / 82.4Bearish
Williams %R (14)

Neutral zone

-38.6Range
CCI (20)

Balanced zone

49.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.39 (0.58%)Bullish
Bollinger Bands (20,2)

Width 6.06%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.13 / $233.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$237.17 / $239.95Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.2Range
OBV slope

20-period OBV slope

14.80%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.17Range
Support

Nearest Downside Decision Level

$227.7Range

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