US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 monthBullish77%
Monthly Upside probability 77%Bullish

WM 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $149.71 and reclaim $248.13.

Invalidation Trigger

Lose $149.71 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 56.9, MACD -1.733

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $19 (8.11%)

Monthly

EMA Structure

Bullish
EMA 8$226.02Bullish
EMA 21$220.56Bullish
EMA 50$198.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.9 · MACD -1.733

Momentum is strong

Strength
Bullish
Volatility
ATR $19 · BB 19.36%

High volatility

Strength
Bearish
Volume
MFI 42.8 · OBV 118.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$149.71 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+13.98% · 1.7 ATR above latest close

$267.13
Nearest resistance

+5.87% · 0.7 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$234.37
Nearest support

-36.12% · 4.5 ATR below · 34-bar low

$149.71
Deeper support zone

-44.23% · 5.5 ATR below latest close

$130.71
ATR zone

Latest close ± ATR14

$215.37 - $253.37

Indicators

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $194.11

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

Trend strength is moderate

16.1 / 15.4 / 16.4Bearish
Supertrend (10,3)

Price is above Supertrend

$169.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$221.12 / $193.51Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

High volatility

$19 (8.11%)Bearish
Bollinger Bands (20,2)

Width 19.36%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$261.83 / $180.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$215.37 / $253.37Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$149.71Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-1.733Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.5 / 53.3Bullish
Williams %R (14)

Neutral zone

-25.5Range
CCI (20)

Balanced zone

69.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

118.47%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $194.11

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

Trend strength is moderate

16.1 / 15.4 / 16.4Bearish
Supertrend (10,3)

Price is above Supertrend

$169.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$221.12 / $193.51Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-1.733Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.5 / 53.3Bullish
Williams %R (14)

Neutral zone

-25.5Range
CCI (20)

Balanced zone

69.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$19 (8.11%)Bearish
Bollinger Bands (20,2)

Width 19.36%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$261.83 / $180.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$215.37 / $253.37Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

118.47%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$149.71Range

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