| WM latest price $155.8100 (-0.03%) ($155.2300 - $156.6000) on Thu. Sep. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 70 |
Latest Price | $155.8100(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.3% a day on average for past five trading days. |
Weekly Trend | WM advances 1.4% 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(59%) XLV(57%) SPLV(55%) VYM(53%) |
Factors Impacting WM price | WM will decline at least -0.36% 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 | -0.36% (StdDev 0.72%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.1% |
| |
|
|