US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 monthRange47%
Monthly Range probability 94%Range

WM 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $170.79 - $248.13 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 48.9, MACD -2.969

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.84 (8.83%)

Monthly

EMA Structure

Bullish
EMA 8$220.99Bearish
EMA 21$219.21Bearish
EMA 50$199.87Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.9 · MACD -2.969

Neutral zone

Strength
Bearish
Volatility
ATR $18.84 · BB 17.28%

High volatility

Strength
Bearish
Volume
MFI 46.9 · OBV 44.62%

Relative to 20-period average volume

Strength
Range
Price Levels
$170.79 - $248.13

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+25.07% · 2.8 ATR above latest close

$266.97
Nearest resistance

+16.24% · 1.8 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$213.46
Nearest support

-19.99% · 2.3 ATR below · 34-bar low

$170.79
Deeper support zone

-28.82% · 3.3 ATR below latest close

$151.95
ATR zone

Latest close ± ATR14

$194.62 - $232.3

Indicators

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $210.12

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

Trend strength is moderate

12.9 / 18.6 / 19.0Bearish
Supertrend (10,3)

Price is above Supertrend

$161.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$225.12 / $193.51Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$18.84 (8.83%)Bearish
Bollinger Bands (20,2)

Width 17.28%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$257.11 / $182.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$194.62 / $232.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$170.79Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is negative

-2.969Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.8 / 47.4Bearish
Williams %R (14)

Neutral zone

-64.2Range
CCI (20)

Balanced zone

-84.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

44.62%Bullish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $210.12

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

Trend strength is moderate

12.9 / 18.6 / 19.0Bearish
Supertrend (10,3)

Price is above Supertrend

$161.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$225.12 / $193.51Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is negative

-2.969Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.8 / 47.4Bearish
Williams %R (14)

Neutral zone

-64.2Range
CCI (20)

Balanced zone

-84.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$18.84 (8.83%)Bearish
Bollinger Bands (20,2)

Width 17.28%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$257.11 / $182.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$194.62 / $232.3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

44.62%Bullish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$170.79Range

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