US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 monthBearish56%
Monthly Downside probability 56%Bearish

WM 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $217.08 and stabilize above resistance $248.13.

Invalidation Trigger

Break above $248.13 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 45.7, MACD -4.108

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.76 (9.18%)

Monthly

EMA Structure

Range
EMA 8$215.67Bearish
EMA 21$217.08Bearish
EMA 50$199.69Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.7 · MACD -4.108

Neutral zone

Strength
Bearish
Volatility
ATR $18.76 · BB 20.01%

High volatility

Strength
Bearish
Volume
MFI 47.8 · OBV 62.99%

Relative to 20-period average volume

Strength
Range
Price Levels
$176.68 - $248.13

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+30.54% · 3.3 ATR above latest close

$266.89
Nearest resistance

+21.36% · 2.3 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$204.45
Nearest support

-13.58% · 1.5 ATR below · 34-bar low

$176.68
Deeper support zone

-22.76% · 2.5 ATR below latest close

$157.92
ATR zone

Latest close ± ATR14

$185.69 - $223.21

Indicators

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $210.12

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

Trend strength is moderate

12.2 / 18.7 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$147.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.74 / $198.22Bearish
Donchian Channel (20)

20-period breakout channel position

19%Range

Volatility

ATR (14)

High volatility

$18.76 (9.18%)Bearish
Bollinger Bands (20,2)

Width 20.01%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$254.53 / $180.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$185.69 / $223.21Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$176.68Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-4.108Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.1 / 27.9Bearish
Williams %R (14)

Oversold zone

-80.9Bullish
CCI (20)

Weak expansion

-165.4Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.8Range
OBV slope

20-period OBV slope

62.99%Bullish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $210.12

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

Trend strength is moderate

12.2 / 18.7 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$147.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.74 / $198.22Bearish
Donchian Channel (20)

20-period breakout channel position

19%Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-4.108Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.1 / 27.9Bearish
Williams %R (14)

Oversold zone

-80.9Bullish
CCI (20)

Weak expansion

-165.4Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$18.76 (9.18%)Bearish
Bollinger Bands (20,2)

Width 20.01%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$254.53 / $180.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$185.69 / $223.21Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.8Range
OBV slope

20-period OBV slope

62.99%Bullish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$176.68Range

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