US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

4 hoursBearish87%
4h Downside probability 87%Bearish

WM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $204.94 and stabilize above resistance $210.24.

Invalidation Trigger

Break above $210.24 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 44.3, MACD 0.124

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.59 (0.78%)

4h

EMA Structure

Bearish
EMA 8$203.65Bullish
EMA 21$204.94Bearish
EMA 50$208.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.3 · MACD 0.124

Momentum is weak

Strength
Range
Volatility
ATR $1.59 · BB 3.64%

Low volatility

Strength
Bullish
Volume
MFI 34.6 · OBV -10.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$200.58 - $210.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.61% · 4.7 ATR above latest close

$211.83
Nearest resistance

+2.83% · 3.7 ATR above · 34-bar high

$210.24
Current price

Price shown is delayed

$204.45
Nearest support

-1.9% · 2.4 ATR below · 34-bar low

$200.58
Deeper support zone

-2.67% · 3.4 ATR below latest close

$198.99
ATR zone

Latest close ± ATR14

$202.86 - $206.04

Indicators

Trend

Dow Theory Structure

Confirmation $200.58, invalidation $204.85

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

58.0 / 17.8 / 42.4Bearish
Supertrend (10,3)

Price is above Supertrend

$199.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$204.07 / $210.1Bearish
Donchian Channel (20)

20-period breakout channel position

53%Range

Volatility

ATR (14)

Low volatility

$1.59 (0.78%)Bullish
Bollinger Bands (20,2)

Width 3.64%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$207.81 / $201.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$202.86 / $206.04Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$210.24Range
Support

Nearest Downside Decision Level

$200.58Range

Momentum

RSI (14)

Momentum is weak

44.3Bearish
MACD (12,26,9)

Histogram is positive

0.124Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.5 / 40.6Bullish
Williams %R (14)

Neutral zone

-47.5Range
CCI (20)

Balanced zone

-23.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-10.21%Bearish
Volume ratio

Relative to 20-period average volume

1.72xBullish

Trend

Dow Theory Structure

Confirmation $200.58, invalidation $204.85

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

58.0 / 17.8 / 42.4Bearish
Supertrend (10,3)

Price is above Supertrend

$199.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$204.07 / $210.1Bearish
Donchian Channel (20)

20-period breakout channel position

53%Range

Momentum

RSI (14)

Momentum is weak

44.3Bearish
MACD (12,26,9)

Histogram is positive

0.124Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.5 / 40.6Bullish
Williams %R (14)

Neutral zone

-47.5Range
CCI (20)

Balanced zone

-23.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.59 (0.78%)Bullish
Bollinger Bands (20,2)

Width 3.64%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$207.81 / $201.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$202.86 / $206.04Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-10.21%Bearish
Volume ratio

Relative to 20-period average volume

1.72xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$210.24Range
Support

Nearest Downside Decision Level

$200.58Range

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