| WM latest price $166.1800 (1.74%) ($163.7300 - $166.6500) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 79 |
Latest Price | $166.1800(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.9% a day on average for past five trading days. |
Weekly Trend | WM advances 4.3% 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(61%) XLU(59%) XLV(55%) VYM(51%) XLI(51%) |
Factors Impacting WM price | WM will decline at least -0.725% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TBT(-10%) VXX(-9%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 2.1 () |
Intraday Trend | 1.3% |
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