| WM latest price $104.6400 (-1%) ($104.1200 - $105.7000) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 48 |
Latest Price | $104.6400(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.3% 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 | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(61%) SPLV(60%) XLU(59%) VYM(58%) XLV(58%) |
Factors Impacting WM price | WM will decline at least -1.405% in a week (0% probabilities). VIXM(-37%) VXX(-16%) UUP(-15%) TLT(-2%) KWEB(-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 | -1.405% (StdDev 2.81%) |
Hourly BBV | -2.2 () |
Intraday Trend | -0.6% |
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