| WM latest price $113.1900 (0.6%) ($112.7250 - $113.3700) on Tue. Aug. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 68 |
Latest Price | $113.1900(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.4% a day on average for past five trading days. |
Weekly Trend | WM advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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(56%) |
Factors Impacting WM price | WM will decline at least -0.745% in a week (0% probabilities). VIXM(-34%) VXX(-14%) UUP(-14%) EDOC(-7%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.2% |
| |
|
|