US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 weekBearish72%
Weekly Downside probability 72%Bearish

WM 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $220 and stabilize above resistance $248.13.

Invalidation Trigger

Break above $248.13 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 35.1, MACD -2.559

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $9 (4.4%)

Weekly

EMA Structure

Bearish
EMA 8$213.9Bearish
EMA 21$220Bearish
EMA 50$222.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.1 · MACD -2.559

Momentum is weak

Strength
Bearish
Volatility
ATR $9 · BB 17.07%

Medium volatility

Strength
Range
Volume
MFI 19.7 · OBV -36.13%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$200.58 - $248.13

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.77% · 5.9 ATR above latest close

$257.13
Nearest resistance

+21.36% · 4.9 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$204.45
Nearest support

-1.9% · 0.4 ATR below · 34-bar low

$200.58
Deeper support zone

-6.3% · 1.4 ATR below latest close

$191.57
ATR zone

Latest close ± ATR14

$195.45 - $213.45

Indicators

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $222.16

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

Trend strength is moderate

21.3 / 15.3 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$179.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$219.96 / $221.12Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$9 (4.4%)Range
Bollinger Bands (20,2)

Width 17.07%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$236.23 / $203.31Range
ATR channel lower / upper

Current Volatility Envelope

$195.45 / $213.45Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$200.58Range

Momentum

RSI (14)

Momentum is weak

35.1Bearish
MACD (12,26,9)

Histogram is negative

-2.559Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.3 / 3.4Bullish
Williams %R (14)

Oversold zone

-91.7Bullish
CCI (20)

Weak expansion

-165.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

19.7Bearish
OBV slope

20-period OBV slope

-36.13%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Trend

Dow Theory Structure

Confirmation $247.15, invalidation $222.16

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

Trend strength is moderate

21.3 / 15.3 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$179.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$219.96 / $221.12Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

35.1Bearish
MACD (12,26,9)

Histogram is negative

-2.559Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.3 / 3.4Bullish
Williams %R (14)

Oversold zone

-91.7Bullish
CCI (20)

Weak expansion

-165.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Medium volatility

$9 (4.4%)Range
Bollinger Bands (20,2)

Width 17.07%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$236.23 / $203.31Range
ATR channel lower / upper

Current Volatility Envelope

$195.45 / $213.45Range

Volume / Money Flow

MFI (14)

Money flow is weak

19.7Bearish
OBV slope

20-period OBV slope

-36.13%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$200.58Range

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