Technical Analysis for WM - Waste Management, Inc.

Grade Last Price % Change Price Change
grade C 106.96 -3.32% -3.67
WM closed down 3.32 percent on Wednesday, October 28, 2020, on 1.22 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Nov 2
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical WM trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
BB Squeeze Ended Range Expansion -3.32%
Older End-of-Day Gignals for WM ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 3% about 16 hours ago
60 Minute Opening Range Breakdown about 16 hours ago
Down 2 % about 18 hours ago
Down 1 ATR about 18 hours ago
1.5x Volume Pace about 19 hours ago
View Earlier Intraday Alerts

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Profile

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.
Energy Electricity Brokerage Services Healthcare Facilities Waste Management Communications Equipment Recycling Water Conservation Collection Services Waste Disposal Services Electronic Equipment Landfill Sustainability And Environmental Management Municipal Solid Waste Sustainability Services Electronic Waste Solid Waste Policy In The United States Transfer Station Methane Gas Oil And Gas Producing Properties Landfill Gas To Energy Facilities Landfill Gas To Energy Operations Materials Processing

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 126.79
52 Week Low 85.34
Average Volume 1,543,868
200-Day Moving Average 108.90
50-Day Moving Average 113.59
20-Day Moving Average 114.09
10-Day Moving Average 113.68
Average True Range 2.16
ADX 13.38
+DI 16.43
-DI 41.71
Chandelier Exit (Long, 3 ATRs ) 111.11
Chandelier Exit (Short, 3 ATRs ) 113.24
Upper Bollinger Band 118.37
Lower Bollinger Band 109.81
Percent B (%b) -0.33
BandWidth 7.50
MACD Line -0.53
MACD Signal Line 0.23
MACD Histogram -0.7571
Fundamentals Value
Market Cap 45.19 Billion
Num Shares 422 Million
EPS 3.78
Price-to-Earnings (P/E) Ratio 28.28
Price-to-Sales 3.30
Price-to-Book 7.15
PEG Ratio 2.67
Dividend 2.18
Dividend Yield 2.04%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 111.57
Resistance 3 (R3) 112.01 110.91 110.80
Resistance 2 (R2) 110.91 109.74 110.69 110.54
Resistance 1 (R1) 108.94 109.02 108.39 108.50 110.29
Pivot Point 107.84 107.84 107.57 107.62 107.84
Support 1 (S1) 105.87 106.67 105.32 105.43 103.63
Support 2 (S2) 104.77 105.95 104.55 103.38
Support 3 (S3) 102.80 104.77 103.12
Support 4 (S4) 102.36