| WM latest price $170.0700 (0.1%) ($169.1000 - $172.4400) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 86 |
Latest Price | $170.0700(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 0.5% a day on average for past five trading days. |
Weekly Trend | WM advances 4.1% 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(58%) XLV(56%) VYM(51%) XLI(50%) |
Factors Impacting WM price | WM will decline at least -0.685% 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 | -0.685% (StdDev 1.37%) |
Hourly BBV | -0.2 () |
Intraday Trend | -1.1% |
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