US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 hourBullish56%
1h Upside probability 56%Bullish

WM 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $200.58 and reclaim $205.52.

Invalidation Trigger

Lose $200.58 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.0, MACD 0.430

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8570 (0.42%)

1h

EMA Structure

Range
EMA 8$203.37Bullish
EMA 21$203.12Bullish
EMA 50$204.17Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.0 · MACD 0.430

Momentum is strong

Strength
Bullish
Volatility
ATR $0.8570 · BB 1.90%

Low volatility

Strength
Bullish
Volume
MFI 35.0 · OBV -19.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$200.58 - $205.52

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.94% · 2.2 ATR above latest close

$206.38
Nearest resistance

+0.52% · 1.2 ATR above · 34-bar high

$205.52
Current price

Price shown is delayed

$204.45
Nearest support

-1.9% · 4.5 ATR below · 34-bar low

$200.58
Deeper support zone

-2.31% · 5.5 ATR below latest close

$199.72
ATR zone

Latest close ± ATR14

$203.59 - $205.31

Indicators

Trend

Dow Theory Structure

Confirmation $200.58, invalidation $202.7

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

Trend strength is moderate

15.3 / 37.4 / 15.2Bullish
Supertrend (10,3)

Price is above Supertrend

$201.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$202.72 / $204.26Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

Low volatility

$0.8570 (0.42%)Bullish
Bollinger Bands (20,2)

Width 1.90%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$204.99 / $201.21Bullish
ATR channel lower / upper

Current Volatility Envelope

$203.59 / $205.31Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$205.52Range
Support

Nearest Downside Decision Level

$200.58Range

Momentum

RSI (14)

Momentum is strong

58.0Bullish
MACD (12,26,9)

Histogram is positive

0.430Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.2 / 89.8Bullish
Williams %R (14)

Overbought zone

-9.8Bearish
CCI (20)

Strong expansion

171.2Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.0Bearish
OBV slope

20-period OBV slope

-19.36%Bearish
Volume ratio

Relative to 20-period average volume

4.07xBullish

Trend

Dow Theory Structure

Confirmation $200.58, invalidation $202.7

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

Trend strength is moderate

15.3 / 37.4 / 15.2Bullish
Supertrend (10,3)

Price is above Supertrend

$201.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$202.72 / $204.26Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

58.0Bullish
MACD (12,26,9)

Histogram is positive

0.430Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.2 / 89.8Bullish
Williams %R (14)

Overbought zone

-9.8Bearish
CCI (20)

Strong expansion

171.2Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.8570 (0.42%)Bullish
Bollinger Bands (20,2)

Width 1.90%

99%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$204.99 / $201.21Bullish
ATR channel lower / upper

Current Volatility Envelope

$203.59 / $205.31Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.0Bearish
OBV slope

20-period OBV slope

-19.36%Bearish
Volume ratio

Relative to 20-period average volume

4.07xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$205.52Range
Support

Nearest Downside Decision Level

$200.58Range

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