| WM latest price $98.7600 (2.1%) ($97.3800 - $99.3000) on Wed. Apr. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 67 |
Latest Price | $98.7600(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.4% a day on average for past five trading days. |
Weekly Trend | WM advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) SPLV(63%) XLP(62%) XLU(61%) VYM(60%) XLI(60%) |
Factors Impacting WM price | WM will decline at least -1.8% in a week (0% probabilities). VIXM(-40%) VXX(-17%) UUP(-16%) TLT(-4%) KWEB(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.7% |
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