| WM latest price $155.1300 (0.64%) ($154.0900 - $155.4000) on Mon. Aug. 30, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.73% (three month average) |
RSI | 77 |
Latest Price | $155.1300(0.64%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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 -0.365% in a week (0% probabilities). VIXM(-30%) UUP(-16%) VXX(-11%) TBT(-6%) EDOC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.365% (StdDev 0.73%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
| |
|
|