| WM latest price $106.5700 (-1.96%) ($106.2900 - $108.3900) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 60 |
Latest Price | $106.5700(-1.96%) |
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 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(61%) SPLV(59%) XLU(58%) XLV(57%) VYM(56%) |
Factors Impacting WM price | WM will decline at least -0.91% in a week (0% probabilities). VIXM(-33%) VXX(-14%) UUP(-14%) KWEB(-2%) TBT(-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 | -0.91% (StdDev 1.82%) |
Hourly BBV | -1.2 () |
Intraday Trend | -1.6% |
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