Trading Signals: WM Stock Price Prediction and Forecast

^ WM: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Aug. 1, 2023

Trading Signals: WM Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Wed. Sep. 27, 2023)

(Waste Management Inc.)
WM latest price $162.5100 (-0.78%) ($161.9500 - $166.3400) on Tue. Aug. 1, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.93% (three month average)
RSI   35
Latest Price   $162.5100(-0.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WM declines -1.1% a day on average for past five trading days.
Weekly Trend   WM declines -1.5% a week on average for past two weeks.
Market Behavior   Broad based 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)
SPLV(50%)    URA(48%)    XLU(47%)    XLV(41%)    XLRE(40%)
Factors Impacting WM price   WM will decline at least -0.465% in a week (0% probabilities).
VIXM(-40%)    VXX(-30%)    KWEB(-25%)    MCHI(-24%)    FXI(-23%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.465% (StdDev 0.93%)
Hourly BBV 0 ()
Intraday Trend -1.1%

Resistance Level   $168.22
5 Day Moving Average   $163.63(-0.68%)
10 Day Moving Average   $167.08(-2.74%)
20 Day Moving Average   $168.22(-3.39%)
To recent high   -6.3%
To recent low   0.8%
Market Cap   $68.606b

Waste Management, Inc. is engaged in provision of waste management environmental services. It operates through the following business segments: Tier 1. Tier 2 and Tier 3. The Tier 1 segment comprises exclusively of areas in the Southern United States. The Tier 2 segment comprises predominately of areas located in the Midwest and Northeast United States. The Tier 3 segment comprises all remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The company was founded on September 30, 1987 and is headquartered in Houston, TX.

$. WM price fluctuates within 1.9% (three month std-dev: 0.93%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230901

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_1_2023	164.59	168.22	167.08	163.63	163.76	163.58	162.51(-0.78%)	DT	OpenShort	-75	-0.4	-60	-10	-42	-112	2.07	59%	0.07	-54.7	0.93%	0	-1.8	35	1.2
2	Jul_31_2023	164.47	168.68	167.56	165.48	164.27	163.61	163.79(0.52%)	DP	OpenShort	-75	-0.6	-105	-50	-103	-111	1.85	59%	0.09	-35.2	0.94%	-0.4	-1.6	35	1.5
3	Jul_28_2023	164.32	169.17	168	167.08	166.31	163.94	162.94(-0.63%)	DT	OpenShort	-75	-1.4	-134	-110	-143	-106	1.83	64%	0.08	-9.4	0.94%	0	-2.1	31	1.3
4	Jul_27_2023	164.19	169.53	168.62	168.97	168.39	164.93	163.97(-0.59%)	DT	OpenShort	-75	-2	-232	-150	-269	-121	2.46	61%	0.09	14.9	1%	0	-2.2	37	0.5
5	Jul_26_2023	164.05	169.75	169.11	170.56	170.47	168.69	164.94(-3.97%)	DT	OpenShort	-75	-2.5	-158	-70	-188	-67	3.34	57%	0.1	41.5	1%	-1.7	-2.2	35	1.9

6	Jul_25_2023	163.88	169.98	169.59	170.91	171.32	171.86	171.75(-0.03%)	UD	OpenLong	75	0.4	29	30	31	23	1.52	69%	0.13	62.3	0.88%	-0.6	0.9	51	1.2
7	Jul_24_2023	163.66	169.73	169.4	169.88	170.15	172.26	171.8(-0.35%)	UD	OpenLong	75	1	113	90	138	38	1.07	69%	0.13	50.8	0.88%	0.5	1	50	1.6
8	Jul_21_2023	163.44	169.43	169.29	169.08	168.88	170.78	172.41(0.3%)	UT	OpenLong	75	1.6	161	80	202	37	1.6	69%	0.15	40.5	0.88%	1.3	1.4	44	1.1
9	Jul_20_2023	163.2	169.15	169	168.31	167.84	168.04	171.9(3.12%)	N/A	N/A	0	1.7	53	-0	80	-29	1.59	69%	0.15	41.1	0.88%	0	1.3	55	1.4
10	Jul_19_2023	162.96	168.84	168.89	167.59	167.55	166.98	166.7(0.05%)	DP	OpenShort	-75	-0.4	-75	-20	-67	-98	1.48	63%	0.1	37.3	0.79%	-1.1	-1	51	1.5

11	Jul_18_2023	162.79	168.78	169.33	168.09	168.01	167.65	166.61(-0.69%)	DT	OpenShort	-75	-0.7	-71	-20	-69	-78	1.42	63%	0.1	46.3	0.79%	-1.8	-1	46	1.9
12	Jul_17_2023	162.63	168.73	169.83	168.81	168.72	168.13	167.76(-0.47%)	DT	OpenShort	-75	-0.5	-41	-30	-43	-33	1.15	63%	0.11	60.4	0.78%	-1.8	-0.4	55	1.4
13	Jul_14_2023	162.45	168.58	170.38	169.49	169.2	168.37	168.56(0.13%)	DP	OpenShort	-75	-0.4	-69	-40	-91	-3	1.55	63%	0.11	70.6	0.78%	-1	-0	60	1.2
14	Jul_13_2023	162.27	168.29	170.52	169.78	169.87	169.31	168.34(-0.5%)	CR	SmallShort	-20	-0.6	-48	-20	-71	23	2.11	63%	0.1	68.4	0.79%	-1.3	0	55	1
15	Jul_12_2023	162.1	168.05	170.49	170.38	170.27	170.04	169.18(-0.61%)	N/A	N/A	0	-0.4	-12	-10	-37	62	1.55	66%	0.1	70.4	0.79%	-1	0.4	61	1.1

16	Jul_11_2023	161.93	167.74	170.48	170.75	170.48	170.42	170.22(-0.53%)	UD	OpenLong	65	-0.2	12	-10	-16	95	1.6	66%	0.06	63	0.81%	-1.3	0.8	65	-0.3
17	Jul_10_2023	161.84	167.37	170.17	170.99	170.66	170.5	171.13(0.66%)	UD	OpenLong	65	0	14	-10	-19	111	1.08	66%	0.11	62	0.8%	-0.1	1.2	67	-0.5
18	Jul_7_2023	161.67	166.9	169.65	171.45	170.9	170.55	170.01(-0.79%)	UD	OpenLong	65	-0.4	11	-20	-28	126	1.17	66%	0.11	64.5	0.81%	-0.8	0.9	67	-0.3
19	Jul_6_2023	161.49	166.53	169.36	171.37	171.24	170.82	171.36(0.18%)	UT	OpenLong	75	-0	47	-20	8	162	1.14	66%	0.13	63.9	0.81%	0.5	1.4	75	-0.6
20	Jul_5_2023	161.28	166.18	168.79	170.59	170.61	171.25	171.05(-0.2%)	UD	OpenLong	75	0.1	45	30	8	157	1.08	66%	0.18	62.6	0.81%	0.4	1.4	71	0.9

21	Jul_3_2023	160.99	165.85	168.18	170.14	169.91	171.65	171.4(-1.16%)	UD	OpenLong	75	0.4	168	70	152	215	0.69	66%	0.11	67.2	0.81%	0	1.7	73	1.2
22	Jun_30_2023	160.81	165.4	167.53	169.2	168.97	169.98	173.42(2.25%)	UT	HoldLong	65	1.5	202	40	194	226	1.99	76%	0.14	65.7	0.79%	0	2.8	79	1
23	Jun_29_2023	160.59	164.8	166.56	167.64	167.52	168.16	169.61(1.28%)	UT	HoldLong	65	0.9	62	20	38	133	1	74%	0.12	64	0.82%	1.9	2.1	77	1
24	Jun_28_2023	160.39	164.41	165.82	167.1	167.04	167.96	167.47(-0.78%)	UD	OpenLong	75	0.2	100	40	87	138	0.87	73%	0.11	59.3	0.83%	-0.2	1.5	67	1.2
25	Jun_27_2023	160.22	164.1	165.37	166.7	166.59	166.89	168.78(1.22%)	UT	OpenLong	75	1.1	96	10	86	124	0.96	73%		47.1	0.82%	1.8	2.4	61	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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