US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

1 weekBullish75%
Weekly Upside probability 75%Bullish

WM 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $207.74 and reclaim $248.13.

Invalidation Trigger

Lose $207.74 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 56.9, MACD 1.118

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $10.67 (4.55%)

Weekly

EMA Structure

Bullish
EMA 8$227.15Bullish
EMA 21$225.37Bullish
EMA 50$223.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.9 · MACD 1.118

Momentum is strong

Strength
Bullish
Volatility
ATR $10.67 · BB 15.20%

Medium volatility

Strength
Range
Volume
MFI 61.9 · OBV -20.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$207.74 - $248.13

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.42% · 2.3 ATR above latest close

$258.8
Nearest resistance

+5.87% · 1.3 ATR above · 34-bar high

$248.13
Current price

Price shown is delayed

$234.37
Nearest support

-11.36% · 2.5 ATR below · 34-bar low

$207.74
Deeper support zone

-15.92% · 3.5 ATR below latest close

$197.07
ATR zone

Latest close ± ATR14

$223.7 - $245.04

Indicators

Trend

Dow Theory Structure

Confirmation $210.12, invalidation $235.62

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.9 / 23.8 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$203.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$226.64 / $221.12Bullish
Donchian Channel (20)

20-period breakout channel position

64%Range

Volatility

ATR (14)

Medium volatility

$10.67 (4.55%)Range
Bollinger Bands (20,2)

Width 15.20%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$245.4 / $205.44Range
ATR channel lower / upper

Current Volatility Envelope

$223.7 / $245.04Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$207.74Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is positive

1.118Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.4 / 82.3Bullish
Williams %R (14)

Overbought zone

-13.6Bearish
CCI (20)

Balanced zone

73.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.9Bullish
OBV slope

20-period OBV slope

-20.39%Bearish
Volume ratio

Relative to 20-period average volume

0.08xBearish

Trend

Dow Theory Structure

Confirmation $210.12, invalidation $235.62

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.9 / 23.8 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$203.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$226.64 / $221.12Bullish
Donchian Channel (20)

20-period breakout channel position

64%Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is positive

1.118Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.4 / 82.3Bullish
Williams %R (14)

Overbought zone

-13.6Bearish
CCI (20)

Balanced zone

73.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$10.67 (4.55%)Range
Bollinger Bands (20,2)

Width 15.20%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$245.4 / $205.44Range
ATR channel lower / upper

Current Volatility Envelope

$223.7 / $245.04Range

Volume / Money Flow

MFI (14)

Money flow is strong

61.9Bullish
OBV slope

20-period OBV slope

-20.39%Bearish
Volume ratio

Relative to 20-period average volume

0.08xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$207.74Range

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