| WM latest price $155.0100 (-0.57%) ($154.7700 - $156.4800) on Tue. Jul. 26, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 50 |
Latest Price | $155.0100(-0.57%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(61%) XLU(58%) XLV(56%) VYM(52%) XLI(52%) |
Factors Impacting WM price | WM will decline at least -0.74% in a week (0% probabilities). VIXM(-28%) UUP(-19%) TBT(-11%) VXX(-9%) USO(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.74% (StdDev 1.48%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.5% |
| |
|
|