| WM latest price $151.2500 (1.59%) ($148.5100 - $151.6750) on Wed. Jun. 29, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 38 |
Latest Price | $151.2500(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.9% a day on average for past five trading days. |
Weekly Trend | WM declines -0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(63%) XLU(60%) XLV(58%) VYM(52%) XLI(52%) |
Factors Impacting WM price | WM will decline at least -0.785% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-9%) TBT(-9%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1% |
| |
|
|