| WM latest price $144.0400 (0.89%) ($142.3800 - $144.7600) on Wed. Jul. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.78% (three month average) |
RSI | 64 |
Latest Price | $144.0400(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.6% a day on average for past five trading days. |
Weekly Trend | WM advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(60%) XLU(59%) XLV(57%) SPLV(55%) VYM(53%) |
Factors Impacting WM price | WM will decline at least -0.39% in a week (0% probabilities). VIXM(-31%) UUP(-15%) VXX(-12%) TBT(-6%) KWEB(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.39% (StdDev 0.78%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
| |
|
|