| WM latest price $121.6900 (1.75%) ($118.9300 - $122.2700) on Wed. Mar. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 66 |
Latest Price | $121.6900(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 1.3% a day on average for past five trading days. |
Weekly Trend | WM advances 3.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(60%) XLU(58%) SPLV(56%) XLV(56%) VYM(53%) |
Factors Impacting WM price | WM will decline at least -0.575% in a week (0% probabilities). VIXM(-31%) UUP(-14%) VXX(-12%) TBT(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.575% (StdDev 1.15%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.5% |
| |
|
|