| WM latest price $112.7200 (2.13%) ($110.0900 - $113.2300) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 78 |
Latest Price | $112.7200(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.6% 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 growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(60%) SPLV(59%) XLU(58%) XLV(57%) VYM(56%) |
Factors Impacting WM price | WM will decline at least -0.815% in a week (0% probabilities). VIXM(-34%) VXX(-14%) UUP(-14%) IGOV(-7%) EDOC(-2%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.4% |
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