Technical Analysis for WM - Waste Management, Inc.

Grade Last Price % Change Price Change
A 213.15 -0.38% -0.82
WM closed down 0.38 percent on Thursday, March 28, 2024, on 1.54 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Flat

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Three Weeks Tight Range Contraction 0.00%
New 52 Week High Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.38%
New 52 Week High Strength -0.38%
Gapped Up Strength -0.38%
Overbought Stochastic Strength -0.38%
Overbought Stochastic Strength 0.65%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 20 hours ago
60 Minute Opening Range Breakdown about 22 hours ago
Outside Day about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago
Rose Above Previous Day's High 1 day ago

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Profile

Waste Management, Inc. Description

Waste Management, Inc. provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. The company also owns, develops, and operates waste-to-energy and landfill gas-to-energy facilities in the United States. Its collection services include picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility, or disposal site; and recycling operations comprise materials processing, plastics materials recycling, and commodities recycling. In addition, it provides recycling brokerage services consisting of managing the marketing of recyclable materials for third parties; electronic recycling services, such as collection, sorting, and disassembling of discarded computers, communications equipment, and other electronic equipment; and sustainability services to businesses and organizations, including in-plant services that provide full-service waste management solutions and consulting services at customers' facilities. Further, the company engages in the landfill gas-to-energy operations comprising recovering of methane gas produced naturally as waste decomposes in landfills for use in the generation of electricity; rental and service of portable restroom facilities to municipalities and commercial customers under the Port-o-Let name; and provision of street and parking lot sweeping services. Additionally, it offers medical waste services for healthcare facilities, pharmacies, and individuals; portable self-storage services; and fluorescent lamp recycling services, as well as involved in the acquisition and development of oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.


Classification

Sector: Industrials
Industry: Waste Management
Keywords: S&P 500 Electricity Plastic Sustainability Recycling Waste Management Healthcare Facilities Communications Equipment Collection Services Water Conservation Storage Services Landfill Electronic Equipment Methane Disposal Services Landfill Gas Waste Materials Processing Sustainability And Environmental Management Transfer Station E Waste Management Medical Waste Municipal Solid Waste Resource Recovery Sustainability Services Waste Management Services Waste Services Energy Operations Oil And Gas Producing Properties Electronic Waste Fluorescent Lamp Methane Gas

Is WM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 214.54
52 Week Low 148.5626
Average Volume 1,680,376
200-Day Moving Average 173.35
50-Day Moving Average 199.74
20-Day Moving Average 209.86
10-Day Moving Average 212.10
Average True Range 2.11
RSI (14) 76.53
ADX 58.58
+DI 28.70
-DI 8.50
Chandelier Exit (Long, 3 ATRs) 208.20
Chandelier Exit (Short, 3 ATRs) 209.24
Upper Bollinger Bands 215.12
Lower Bollinger Band 204.59
Percent B (%b) 0.81
BandWidth 5.02
MACD Line 3.69
MACD Signal Line 4.13
MACD Histogram -0.4369
Fundamentals Value
Market Cap 85.85 Billion
Num Shares 403 Million
EPS 5.65
Price-to-Earnings (P/E) Ratio 37.73
Price-to-Sales 3.79
Price-to-Book 10.95
PEG Ratio 2.72
Dividend 2.75
Dividend Yield 1.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 217.00
Resistance 3 (R3) 217.03 215.79 216.36
Resistance 2 (R2) 215.79 214.81 215.77 216.14
Resistance 1 (R1) 214.47 214.20 213.85 214.43 215.93
Pivot Point 213.22 213.22 212.91 213.20 213.22
Support 1 (S1) 211.90 212.24 211.28 211.87 210.37
Support 2 (S2) 210.66 211.64 210.64 210.16
Support 3 (S3) 209.34 210.66 209.94
Support 4 (S4) 209.30