US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

4 hoursBullish88%
4h Upside probability 88%Bullish

WM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $209.68 and reclaim $240.17.

Invalidation Trigger

Lose $209.68 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 73.6, MACD 0.305

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.42 (1.01%)

4h

EMA Structure

Bullish
EMA 8$236.59Bullish
EMA 21$231.53Bullish
EMA 50$223.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.6 · MACD 0.305

Momentum is strong

Strength
Bullish
Volatility
ATR $2.42 · BB 8.20%

Low volatility

Strength
Bullish
Volume
MFI 42.0 · OBV 7.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$209.68 - $240.17

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.69% · 1.7 ATR above latest close

$242.59
Nearest resistance

+0.68% · 0.7 ATR above · 34-bar high

$240.17
Current price

Price shown is delayed

$238.56
Nearest support

-12.11% · 11.9 ATR below · 34-bar low

$209.68
Deeper support zone

-13.12% · 12.9 ATR below latest close

$207.26
ATR zone

Latest close ± ATR14

$236.14 - $240.98

Indicators

Trend

Dow Theory Structure

Confirmation $239.62, invalidation $229.15

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

Trend strength is active

32.5 / 44.0 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$231.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.12 / $223.59Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Low volatility

$2.42 (1.01%)Bullish
Bollinger Bands (20,2)

Width 8.20%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$236.62 / $227.14Bullish
ATR channel lower / upper

Current Volatility Envelope

$236.14 / $240.98Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.17Range
Support

Nearest Downside Decision Level

$209.68Range

Momentum

RSI (14)

Momentum is strong

73.6Bullish
MACD (12,26,9)

Histogram is positive

0.305Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.8 / 88.2Bearish
Williams %R (14)

Overbought zone

-12.2Bearish
CCI (20)

Strong expansion

121.3Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.0Bearish
OBV slope

20-period OBV slope

7.38%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $239.62, invalidation $229.15

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

Trend strength is active

32.5 / 44.0 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$231.32Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.12 / $223.59Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

73.6Bullish
MACD (12,26,9)

Histogram is positive

0.305Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.8 / 88.2Bearish
Williams %R (14)

Overbought zone

-12.2Bearish
CCI (20)

Strong expansion

121.3Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$2.42 (1.01%)Bullish
Bollinger Bands (20,2)

Width 8.20%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$236.62 / $227.14Bullish
ATR channel lower / upper

Current Volatility Envelope

$236.14 / $240.98Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.0Bearish
OBV slope

20-period OBV slope

7.38%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.17Range
Support

Nearest Downside Decision Level

$209.68Range

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