US stock / ETF

Waste Management, Inc.

WM · NYSE · USD

4 hoursBullish71%
4h Upside probability 71%Bullish

WM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $210.35 and reclaim $225.49.

Invalidation Trigger

Lose $210.35 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 62.5, MACD 0.710

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.69 (1.2%)

4h

EMA Structure

Range
EMA 8$219.67Bullish
EMA 21$218.53Bullish
EMA 50$218.86Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.5 · MACD 0.710

Momentum is strong

Strength
Bullish
Volatility
ATR $2.69 · BB 6.36%

Low volatility

Strength
Bullish
Volume
MFI 59.9 · OBV -18.70%

Relative to 20-period average volume

Strength
Range
Price Levels
$210.35 - $225.49

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.85% · 1.5 ATR above latest close

$228.18
Nearest resistance

+0.64% · 0.5 ATR above · 34-bar high

$225.49
Current price

Price shown is delayed

$224.05
Nearest support

-6.11% · 5.1 ATR below · 34-bar low

$210.35
Deeper support zone

-7.32% · 6.1 ATR below latest close

$207.66
ATR zone

Latest close ± ATR14

$221.36 - $226.74

Indicators

Trend

Dow Theory Structure

Confirmation $212.24, invalidation $219.35

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

Trend strength is active

25.2 / 33.9 / 21.1Bullish
Supertrend (10,3)

Price is above Supertrend

$216.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$218.87 / $219Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$2.69 (1.2%)Bullish
Bollinger Bands (20,2)

Width 6.36%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$224.11 / $213Bullish
ATR channel lower / upper

Current Volatility Envelope

$221.36 / $226.74Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$225.49Range
Support

Nearest Downside Decision Level

$210.35Range

Momentum

RSI (14)

Momentum is strong

62.5Bullish
MACD (12,26,9)

Histogram is positive

0.710Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.1 / 89.6Bearish
Williams %R (14)

Overbought zone

-10.9Bearish
CCI (20)

Strong expansion

136.7Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

-18.70%Bearish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Trend

Dow Theory Structure

Confirmation $212.24, invalidation $219.35

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

Trend strength is active

25.2 / 33.9 / 21.1Bullish
Supertrend (10,3)

Price is above Supertrend

$216.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$218.87 / $219Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

62.5Bullish
MACD (12,26,9)

Histogram is positive

0.710Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.1 / 89.6Bearish
Williams %R (14)

Overbought zone

-10.9Bearish
CCI (20)

Strong expansion

136.7Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$2.69 (1.2%)Bullish
Bollinger Bands (20,2)

Width 6.36%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$224.11 / $213Bullish
ATR channel lower / upper

Current Volatility Envelope

$221.36 / $226.74Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

-18.70%Bearish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$225.49Range
Support

Nearest Downside Decision Level

$210.35Range

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