US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 weekBearish59%
Weekly Downside probability 59%Bearish

WM 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $224.22 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

Weekly
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -1.430

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $9.88 (4.63%)

Weekly

EMA Structure

Range
EMA 8$221.75Bearish
EMA 21$224.22Bearish
EMA 50$223.99Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -1.430

Momentum is weak

Strength
Bearish
Volatility
ATR $9.88 · BB 13.77%

Medium volatility

Strength
Range
Volume
MFI 39.1 · OBV -23.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$210.12 - $248.13

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+20.87% · 4.5 ATR above latest close

$258.01
Nearest resistance

+16.24% · 3.5 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$213.46
Nearest support

-1.56% · 0.3 ATR below · 34-bar low

$210.12
Deeper support zone

-6.2% · 1.3 ATR below latest close

$200.24
ATR zone

Latest close ± ATR14

$203.58 - $223.34

Indicators

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $222.16

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

Trend strength is active

23.8 / 22.4 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$187.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.31 / $221.12Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Medium volatility

$9.88 (4.63%)Range
Bollinger Bands (20,2)

Width 13.77%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$243.36 / $204.95Range
ATR channel lower / upper

Current Volatility Envelope

$203.58 / $223.34Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$210.12Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-1.430Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.6 / 17.8Bearish
Williams %R (14)

Oversold zone

-96.4Bullish
CCI (20)

Balanced zone

-98.2Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.1Bearish
OBV slope

20-period OBV slope

-23.05%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $222.16

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

Trend strength is active

23.8 / 22.4 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$187.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$229.31 / $221.12Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-1.430Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.6 / 17.8Bearish
Williams %R (14)

Oversold zone

-96.4Bullish
CCI (20)

Balanced zone

-98.2Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$9.88 (4.63%)Range
Bollinger Bands (20,2)

Width 13.77%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$243.36 / $204.95Range
ATR channel lower / upper

Current Volatility Envelope

$203.58 / $223.34Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.1Bearish
OBV slope

20-period OBV slope

-23.05%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$210.12Range

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