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 62.8, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $28.06 (13.15%)

3M

EMA Structure

Range
EMA 8$216.45Bearish
EMA 21$188.54Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 62.8 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $28.06 · BB 60.31%

High volatility

Strength
Bearish
Volume
MFI 69.6 · OBV -64.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$85.34 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.39% · 2.2 ATR above latest close

$276.19
Nearest resistance

+16.24% · 1.2 ATR above · 29-bar high

$248.13
Current price

Price shown is delayed

$213.46
Nearest support

-60.02% · 4.6 ATR below · 29-bar low

$85.34
Deeper support zone

-73.17% · 5.6 ATR below latest close

$57.28
ATR zone

Latest close ± ATR14

$185.4 - $241.52

Indicators

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $210.12

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

Trend strength is active

63.1 / 29.5 / 7.7Bullish
Supertrend (10,3)

Price is above Supertrend

$143.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$194.32 / --Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Volatility

ATR (14)

High volatility

$28.06 (13.15%)Bearish
Bollinger Bands (20,2)

Width 60.31%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.6 / $133.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$185.4 / $241.52Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$85.34Range

Momentum

RSI (14)

Momentum is strong

62.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

64.8 / 73.7Bearish
Williams %R (14)

Neutral zone

-35.2Range
CCI (20)

Balanced zone

76.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.6Bullish
OBV slope

20-period OBV slope

-64.69%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $210.12

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

Trend strength is active

63.1 / 29.5 / 7.7Bullish
Supertrend (10,3)

Price is above Supertrend

$143.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$194.32 / --Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Momentum

RSI (14)

Momentum is strong

62.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

64.8 / 73.7Bearish
Williams %R (14)

Neutral zone

-35.2Range
CCI (20)

Balanced zone

76.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$28.06 (13.15%)Bearish
Bollinger Bands (20,2)

Width 60.31%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.6 / $133.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$185.4 / $241.52Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

69.6Bullish
OBV slope

20-period OBV slope

-64.69%Bearish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$85.34Range

Related Forecasts