| WM latest price $169.5000 (0.4%) ($169.0200 - $171.1720) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 88 |
Latest Price | $169.5000(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.7% a day on average for past five trading days. |
Weekly Trend | WM advances 4.2% a week on average for past two weeks. |
Market Behavior | Normal 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(58%) XLV(56%) VYM(51%) XLI(50%) |
Factors Impacting WM price | WM will decline at least -0.7% in a week (0% probabilities). VIXM(-26%) UUP(-18%) TBT(-11%) VXX(-9%) EDOC(-9%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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