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 $233.76 and reclaim $245.

Invalidation Trigger

Lose $233.76 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 72.7, MACD 0.338

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.02 (0.42%)

1h

EMA Structure

Bullish
EMA 8$242.89Bullish
EMA 21$240.93Bullish
EMA 50$239.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 72.7 · MACD 0.338

Momentum is strong

Strength
Bullish
Volatility
ATR $1.02 · BB 4.53%

Low volatility

Strength
Bullish
Volume
MFI 83.0 · OBV 74.83%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$233.76 - $245

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.78% · 1.9 ATR above latest close

$246.02
Nearest resistance

+0.36% · 0.9 ATR above · 34-bar high

$245
Current price

Price shown is delayed

$244.11
Nearest support

-4.24% · 10.2 ATR below · 34-bar low

$233.76
Deeper support zone

-4.66% · 11.2 ATR below latest close

$232.74
ATR zone

Latest close ± ATR14

$243.09 - $245.13

Indicators

Trend

Dow Theory Structure

Confirmation $245, invalidation $235.33

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

Trend strength is active

58.2 / 58.1 / 5.8Bullish
Supertrend (10,3)

Price is above Supertrend

$240.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$241.29 / $239.38Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Low volatility

$1.02 (0.42%)Bullish
Bollinger Bands (20,2)

Width 4.53%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$243.31 / $238.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$243.09 / $245.13Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$245Range
Support

Nearest Downside Decision Level

$233.76Range

Momentum

RSI (14)

Momentum is strong

72.7Bullish
MACD (12,26,9)

Histogram is positive

0.338Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.7 / 81.9Bullish
Williams %R (14)

Overbought zone

-12.3Bearish
CCI (20)

Strong expansion

102.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.0Bullish
OBV slope

20-period OBV slope

74.83%Bullish
Volume ratio

Relative to 20-period average volume

4.75xBullish

Trend

Dow Theory Structure

Confirmation $245, invalidation $235.33

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

Trend strength is active

58.2 / 58.1 / 5.8Bullish
Supertrend (10,3)

Price is above Supertrend

$240.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$241.29 / $239.38Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

72.7Bullish
MACD (12,26,9)

Histogram is positive

0.338Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.7 / 81.9Bullish
Williams %R (14)

Overbought zone

-12.3Bearish
CCI (20)

Strong expansion

102.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

Low volatility

$1.02 (0.42%)Bullish
Bollinger Bands (20,2)

Width 4.53%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$243.31 / $238.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$243.09 / $245.13Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.0Bullish
OBV slope

20-period OBV slope

74.83%Bullish
Volume ratio

Relative to 20-period average volume

4.75xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$245Range
Support

Nearest Downside Decision Level

$233.76Range

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