| WM latest price $161.5300 (2.86%) ($158.0300 - $162.0600) on Thu. Mar. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 72 |
Latest Price | $161.5300(2.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WM advances 1.4% a day on average for past five trading days. |
Weekly Trend | WM advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support WM advance at 0% a week (0% probability) SPLV(55%) XLV(50%) XLP(44%) XLU(43%) IFRA(36%) |
Factors Impacting WM price | WM will decline at least -0.615% in a week (0% probabilities). EDOC(-16%) VXX(-15%) TBT(-13%) VIXM(-12%) UUP(-6%) |
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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 2 () |
Intraday Trend | 2.2% |
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