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 59.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $27.91 (13.65%)

3M

EMA Structure

Range
EMA 8$212.13Bearish
EMA 21$189.2Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 59.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $27.91 · BB 58.25%

High volatility

Strength
Bearish
Volume
MFI 60.4 · OBV -55.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$85.34 - $248.13

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+35.02% · 2.6 ATR above latest close

$276.04
Nearest resistance

+21.36% · 1.6 ATR above · 30-bar high

$248.13
Current price

Price shown is delayed

$204.45
Nearest support

-58.26% · 4.3 ATR below · 30-bar low

$85.34
Deeper support zone

-71.91% · 5.3 ATR below latest close

$57.43
ATR zone

Latest close ± ATR14

$176.54 - $232.36

Indicators

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $194.11

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

Trend strength is active

64.2 / 27.0 / 8.5Bullish
Supertrend (10,3)

Price is above Supertrend

$116.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$197.83 / --Bullish
Donchian Channel (20)

20-period breakout channel position

60%Bullish

Volatility

ATR (14)

High volatility

$27.91 (13.65%)Bearish
Bollinger Bands (20,2)

Width 58.25%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.69 / $134.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$176.54 / $232.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$85.34Range

Momentum

RSI (14)

Momentum is strong

59.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.6 / 61.8Bearish
Williams %R (14)

Neutral zone

-44.4Range
CCI (20)

Balanced zone

23.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-55.69%Bearish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Trend

Dow Theory Structure

Confirmation $248.13, invalidation $194.11

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

Trend strength is active

64.2 / 27.0 / 8.5Bullish
Supertrend (10,3)

Price is above Supertrend

$116.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$197.83 / --Bullish
Donchian Channel (20)

20-period breakout channel position

60%Bullish

Momentum

RSI (14)

Momentum is strong

59.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

55.6 / 61.8Bearish
Williams %R (14)

Neutral zone

-44.4Range
CCI (20)

Balanced zone

23.4Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$27.91 (13.65%)Bearish
Bollinger Bands (20,2)

Width 58.25%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.69 / $134.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$176.54 / $232.36Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-55.69%Bearish
Volume ratio

Relative to 20-period average volume

0.06xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$248.13Range
Support

Nearest Downside Decision Level

$85.34Range

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