| WM latest price $157.9900 (1.27%) ($156.7200 - $158.5990) on Thu. May. 26, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 40 |
Latest Price | $157.9900(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.7% a day on average for past five trading days. |
Weekly Trend | WM declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(64%) XLU(63%) XLV(61%) VYM(56%) XLI(55%) |
Factors Impacting WM price | WM will decline at least -0.815% in a week (0% probabilities). VIXM(-31%) UUP(-21%) VXX(-10%) TBT(-10%) USO(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.4% |
| |
|
|