US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

3 monthsBullish66%
3M Upside probability 66%Bullish

WM 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $106.22 and reclaim $248.11.

Invalidation Trigger

Lose $106.22 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 68.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $26.5 (12.11%)

3M

EMA Structure

Range
EMA 8$216.37Bullish
EMA 21$185.29Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 68.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $26.5 · BB 63.25%

High volatility

Strength
Bearish
Volume
MFI 63.6 · OBV -32.07%

Relative to 20-period average volume

Strength
Range
Price Levels
$106.22 - $248.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.53% · 2.1 ATR above latest close

$274.61
Nearest resistance

+13.42% · 1.1 ATR above · 24-bar high

$248.11
Current price

Price shown is delayed

$218.75
Nearest support

-51.44% · 4.2 ATR below · 24-bar low

$106.22
Deeper support zone

-63.55% · 5.2 ATR below latest close

$79.72
ATR zone

Latest close ± ATR14

$192.25 - $245.25

Indicators

Trend

Dow Theory Structure

Confirmation $248.11, invalidation $194.12

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$136.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

High volatility

$26.5 (12.11%)Bearish
Bollinger Bands (20,2)

Width 63.25%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$245.39 / $129.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$192.25 / $245.25Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.11Range
Support

Nearest Downside Decision Level

$106.22Range

Momentum

RSI (14)

Momentum is strong

68.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

70.6 / 76.0Bearish
Williams %R (14)

Neutral zone

-29.4Range
CCI (20)

Balanced zone

77.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.6Bullish
OBV slope

20-period OBV slope

-32.07%Bearish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Trend

Dow Theory Structure

Confirmation $248.11, invalidation $194.12

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$136.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

68.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

70.6 / 76.0Bearish
Williams %R (14)

Neutral zone

-29.4Range
CCI (20)

Balanced zone

77.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$26.5 (12.11%)Bearish
Bollinger Bands (20,2)

Width 63.25%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$245.39 / $129.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$192.25 / $245.25Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.6Bullish
OBV slope

20-period OBV slope

-32.07%Bearish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.11Range
Support

Nearest Downside Decision Level

$106.22Range

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