US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 monthBullish83%
Monthly Upside probability 83%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 $184.85 and reclaim $248.13.

Invalidation Trigger

Lose $184.85 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 58.9, MACD -0.696

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $21.47 (8.8%)

Monthly

EMA Structure

Bullish
EMA 8$227Bullish
EMA 21$221.94Bullish
EMA 50$202.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.9 · MACD -0.696

Momentum is strong

Strength
Bullish
Volatility
ATR $21.47 · BB 20.00%

High volatility

Strength
Bearish
Volume
MFI 57.1 · OBV 56.80%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$184.85 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.44% · 1.2 ATR above latest close

$269.6
Nearest resistance

+1.65% · 0.2 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$244.11
Nearest support

-24.28% · 2.8 ATR below · 34-bar low

$184.85
Deeper support zone

-33.07% · 3.8 ATR below latest close

$163.38
ATR zone

Latest close ± ATR14

$222.64 - $265.58

Indicators

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $210.12

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

Trend strength is moderate

13.0 / 24.7 / 16.9Bullish
Supertrend (10,3)

Price is above Supertrend

$173.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.74 / $198.22Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

High volatility

$21.47 (8.8%)Bearish
Bollinger Bands (20,2)

Width 20.00%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$266.22 / $178.63Bearish
ATR channel lower / upper

Current Volatility Envelope

$222.64 / $265.58Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$184.85Range

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is negative

-0.696Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.6 / 61.2Bullish
Williams %R (14)

Overbought zone

-7.4Bearish
CCI (20)

Strong expansion

143.1Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.1Bullish
OBV slope

20-period OBV slope

56.80%Bullish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $210.12

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

Trend strength is moderate

13.0 / 24.7 / 16.9Bullish
Supertrend (10,3)

Price is above Supertrend

$173.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.74 / $198.22Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

58.9Bullish
MACD (12,26,9)

Histogram is negative

-0.696Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

92.6 / 61.2Bullish
Williams %R (14)

Overbought zone

-7.4Bearish
CCI (20)

Strong expansion

143.1Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$21.47 (8.8%)Bearish
Bollinger Bands (20,2)

Width 20.00%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$266.22 / $178.63Bearish
ATR channel lower / upper

Current Volatility Envelope

$222.64 / $265.58Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.1Bullish
OBV slope

20-period OBV slope

56.80%Bullish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$184.85Range

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