US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 monthBullish87%
Monthly Upside probability 87%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 $162.34 and reclaim $248.13.

Invalidation Trigger

Lose $162.34 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 54.2, MACD -2.030

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $18.86 (8.33%)

Monthly

EMA Structure

Bullish
EMA 8$224.76Bullish
EMA 21$220.45Bullish
EMA 50$199.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.2 · MACD -2.030

Neutral zone

Strength
Bullish
Volatility
ATR $18.86 · BB 16.52%

High volatility

Strength
Bearish
Volume
MFI 47.8 · OBV 89.66%

Relative to 20-period average volume

Strength
Range
Price Levels
$162.34 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.92% · 2.2 ATR above latest close

$266.99
Nearest resistance

+9.59% · 1.2 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$226.43
Nearest support

-28.3% · 3.4 ATR below · 34-bar low

$162.34
Deeper support zone

-36.63% · 4.4 ATR below latest close

$143.48
ATR zone

Latest close ± ATR14

$207.56 - $245.29

Indicators

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $210.12

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.8 / 18.5 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$169.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$224.53 / $193.51Bullish
Donchian Channel (20)

20-period breakout channel position

60%Bullish

Volatility

ATR (14)

High volatility

$18.86 (8.33%)Bearish
Bollinger Bands (20,2)

Width 16.52%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$259.73 / $182.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$207.56 / $245.29Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$162.34Range

Momentum

RSI (14)

Neutral zone

54.2Range
MACD (12,26,9)

Histogram is negative

-2.030Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.8 / 57.7Bullish
Williams %R (14)

Neutral zone

-40.2Range
CCI (20)

Balanced zone

19.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.8Range
OBV slope

20-period OBV slope

89.66%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $210.12

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.8 / 18.5 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$169.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$224.53 / $193.51Bullish
Donchian Channel (20)

20-period breakout channel position

60%Bullish

Momentum

RSI (14)

Neutral zone

54.2Range
MACD (12,26,9)

Histogram is negative

-2.030Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.8 / 57.7Bullish
Williams %R (14)

Neutral zone

-40.2Range
CCI (20)

Balanced zone

19.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$18.86 (8.33%)Bearish
Bollinger Bands (20,2)

Width 16.52%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$259.73 / $182.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$207.56 / $245.29Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.8Range
OBV slope

20-period OBV slope

89.66%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$162.34Range

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