| WM latest price $111.5900 (-0.02%) ($110.8600 - $112.3900) on Tue. Aug. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 66 |
Latest Price | $111.5900(-0.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.5% a day on average for past five trading days. |
Weekly Trend | WM advances 1.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth 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(55%) |
Factors Impacting WM price | WM will decline at least -0.815% in a week (0% probabilities). VIXM(-34%) VXX(-14%) UUP(-14%) EDOC(-8%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.5% |
| |
|
|