US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 monthBearish57%
Monthly Downside probability 57%Bearish

WM 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $218.78 and stabilize above resistance $248.11.

Invalidation Trigger

Break above $248.11 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 51.6, MACD -2.807

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.97 (8.67%)

Monthly

EMA Structure

Bullish
EMA 8$222.73Bearish
EMA 21$218.78Bearish
EMA 50$196.34Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.6 · MACD -2.807

Neutral zone

Strength
Bearish
Volatility
ATR $18.97 · BB 19.18%

High volatility

Strength
Bearish
Volume
MFI 37.2 · OBV 230.23%

Relative to 20-period average volume

Strength
Range
Price Levels
$149.82 - $248.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.09% · 2.5 ATR above latest close

$267.08
Nearest resistance

+13.42% · 1.5 ATR above · 34-bar high

$248.11
Current price

Price shown is delayed

$218.75
Nearest support

-31.51% · 3.6 ATR below · 34-bar low

$149.82
Deeper support zone

-40.18% · 4.6 ATR below latest close

$130.85
ATR zone

Latest close ± ATR14

$199.78 - $237.72

Indicators

Trend

Dow Theory Structure

Confirmation $248.11, invalidation $194.12

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

Trend strength is moderate

17.5 / 12.6 / 16.6Bearish
Supertrend (10,3)

Price is above Supertrend

$159.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$221.12 / $193.53Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bullish

Volatility

ATR (14)

High volatility

$18.97 (8.67%)Bearish
Bollinger Bands (20,2)

Width 19.18%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$258.31 / $180.41Bearish
ATR channel lower / upper

Current Volatility Envelope

$199.78 / $237.72Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.11Range
Support

Nearest Downside Decision Level

$149.82Range

Momentum

RSI (14)

Neutral zone

51.6Range
MACD (12,26,9)

Histogram is negative

-2.807Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.6 / 49.7Bearish
Williams %R (14)

Neutral zone

-54.4Range
CCI (20)

Balanced zone

-49.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

230.23%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $248.11, invalidation $194.12

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

Trend strength is moderate

17.5 / 12.6 / 16.6Bearish
Supertrend (10,3)

Price is above Supertrend

$159.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$221.12 / $193.53Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bullish

Momentum

RSI (14)

Neutral zone

51.6Range
MACD (12,26,9)

Histogram is negative

-2.807Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.6 / 49.7Bearish
Williams %R (14)

Neutral zone

-54.4Range
CCI (20)

Balanced zone

-49.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$18.97 (8.67%)Bearish
Bollinger Bands (20,2)

Width 19.18%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$258.31 / $180.41Bearish
ATR channel lower / upper

Current Volatility Envelope

$199.78 / $237.72Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

230.23%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.11Range
Support

Nearest Downside Decision Level

$149.82Range

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