| WM latest price $164.5600 (-0.01%) ($164.2400 - $166.9000) on Fri. Jul. 29, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 72 |
Latest Price | $164.5600(-0.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 1.2% a day on average for past five trading days. |
Weekly Trend | WM advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) XLP(61%) XLU(58%) XLV(55%) VYM(51%) XLI(51%) |
Factors Impacting WM price | WM will decline at least -0.75% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-11%) VXX(-9%) USO(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.75% (StdDev 1.5%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.3% |
| |
|
|