US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

3 monthsBullish79%
3M Upside probability 79%Bullish

WM 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $85.34 and reclaim $248.13.

Invalidation Trigger

Lose $85.34 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 68.0, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $27.35 (12.08%)

3M

EMA Structure

Range
EMA 8$219.33Bullish
EMA 21$189.72Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 68.0 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $27.35 · BB 61.30%

High volatility

Strength
Bearish
Volume
MFI 68.5 · OBV -42.58%

Relative to 20-period average volume

Strength
Range
Price Levels
$85.34 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+21.66% · 1.8 ATR above latest close

$275.48
Nearest resistance

+9.59% · 0.8 ATR above · 29-bar high

$248.13
Current price

Price shown is delayed

$226.43
Nearest support

-62.31% · 5.2 ATR below · 29-bar low

$85.34
Deeper support zone

-74.39% · 6.2 ATR below latest close

$57.99
ATR zone

Latest close ± ATR14

$199.08 - $253.77

Indicators

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $210.12

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

Trend strength is active

63.1 / 30.3 / 7.9Bullish
Supertrend (10,3)

Price is above Supertrend

$151.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$194.32 / --Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Volatility

ATR (14)

High volatility

$27.35 (12.08%)Bearish
Bollinger Bands (20,2)

Width 61.30%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$247.82 / $136.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$199.08 / $253.77Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$85.34Range

Momentum

RSI (14)

Momentum is strong

68.0Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

77.9 / 78.1Bearish
Williams %R (14)

Neutral zone

-22.1Range
CCI (20)

Balanced zone

92.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.5Bullish
OBV slope

20-period OBV slope

-42.58%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $210.12

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

Trend strength is active

63.1 / 30.3 / 7.9Bullish
Supertrend (10,3)

Price is above Supertrend

$151.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$194.32 / --Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Momentum

RSI (14)

Momentum is strong

68.0Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

77.9 / 78.1Bearish
Williams %R (14)

Neutral zone

-22.1Range
CCI (20)

Balanced zone

92.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$27.35 (12.08%)Bearish
Bollinger Bands (20,2)

Width 61.30%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$247.82 / $136.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$199.08 / $253.77Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.5Bullish
OBV slope

20-period OBV slope

-42.58%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$85.34Range

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