US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 weekRange49%
Weekly Range probability 98%Range

WM 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $200.58 - $248.13 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 61.2, MACD 0.846

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $9.39 (3.94%)

Weekly

EMA Structure

Bearish
EMA 8$220.94Bullish
EMA 21$221.41Bullish
EMA 50$222.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.2 · MACD 0.846

Momentum is strong

Strength
Bullish
Volatility
ATR $9.39 · BB 18.51%

Medium volatility

Strength
Range
Volume
MFI 23.5 · OBV -11.46%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$200.58 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.95% · 2.0 ATR above latest close

$257.52
Nearest resistance

+4.01% · 1.0 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$238.56
Nearest support

-15.92% · 4.0 ATR below · 34-bar low

$200.58
Deeper support zone

-19.86% · 5.0 ATR below latest close

$191.18
ATR zone

Latest close ± ATR14

$229.17 - $247.95

Indicators

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $200.58

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

Trend strength is moderate

18.5 / 24.9 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$204.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.12 / $221.12Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

Medium volatility

$9.39 (3.94%)Range
Bollinger Bands (20,2)

Width 18.51%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.36 / $203.27Range
ATR channel lower / upper

Current Volatility Envelope

$229.17 / $247.95Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$200.58Range

Momentum

RSI (14)

Momentum is strong

61.2Bullish
MACD (12,26,9)

Histogram is positive

0.846Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.3 / 54.1Bullish
Williams %R (14)

Overbought zone

-11.7Bearish
CCI (20)

Balanced zone

98.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.5Bearish
OBV slope

20-period OBV slope

-11.46%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $200.58

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

Trend strength is moderate

18.5 / 24.9 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$204.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.12 / $221.12Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

61.2Bullish
MACD (12,26,9)

Histogram is positive

0.846Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.3 / 54.1Bullish
Williams %R (14)

Overbought zone

-11.7Bearish
CCI (20)

Balanced zone

98.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$9.39 (3.94%)Range
Bollinger Bands (20,2)

Width 18.51%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.36 / $203.27Range
ATR channel lower / upper

Current Volatility Envelope

$229.17 / $247.95Range

Volume / Money Flow

MFI (14)

Money flow is weak

23.5Bearish
OBV slope

20-period OBV slope

-11.46%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$200.58Range

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