Technical Analysis for WM - Waste Management, Inc.

Grade Last Price % Change Price Change
F 138.52 -0.82% -1.15
WM closed down 99.61 percent on Wednesday, June 23, 2021, on 43 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. The bears made the stock sink to a new 52-week low.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 25085.45%
Fell Below 50 DMA Bearish 25085.45%
MACD Bearish Centerline Cross Bearish 25085.45%
New 52 Week Closing Low Bearish 25085.45%
Gilligan's Island Buy Setup Bullish Swing Setup 25085.45%
Narrow Range Bar Range Contraction 25085.45%
NR7 Range Contraction 25085.45%
NR7-2 Range Contraction 25085.45%
Lower Bollinger Band Walk Weakness 25085.45%
New 52 Week Low Weakness 25085.45%
Older End-of-Day Signals for WM ...

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

Alert Time
10 DMA Resistance about 18 hours ago
50 DMA Support about 20 hours ago
Fell Below 50 DMA about 20 hours ago
Fell Below 10 DMA about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
View Earlier Intraday Alerts

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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 Plastics Sustainability Communications Equipment Recycling Waste Management Healthcare Facilities Storage Services Landfill Collection Services Water Conservation Electronic Equipment Disposal Services Landfill Gas Methane Waste Materials Processing Transfer Station Sustainability And Environmental Management E Waste Management Resource Recovery Sustainability Services Waste Management Services Waste Services Electronic Waste Energy Operations Medical Waste Municipal Solid Waste Solid Waste Policy In The United States Oil And Gas Producing Properties Fluorescent Lamp Landfill Gas To Energy Facilities 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 144.535
52 Week Low 0.52
Average Volume 1,260,188
200-Day Moving Average 122.01
50-Day Moving Average 136.27
20-Day Moving Average 132.94
10-Day Moving Average 125.67
Average True Range 11.39
ADX 21.21
+DI 2.55
-DI 89.78
Chandelier Exit (Long, 3 ATRs) 107.81
Chandelier Exit (Short, 3 ATRs) 34.69
Upper Bollinger Bands 193.70
Lower Bollinger Band 72.17
Percent B (%b) -0.59
BandWidth 91.42
MACD Line -10.99
MACD Signal Line -1.88
MACD Histogram -9.1177
Fundamentals Value
Market Cap 232.43 Million
Num Shares 423 Million
EPS 3.54
Price-to-Earnings (P/E) Ratio 0.16
Price-to-Sales 3.40
Price-to-Book 7.07
PEG Ratio 3.16
Dividend 2.18
Dividend Yield 396.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.61
Resistance 3 (R3) 0.61 0.58 0.60
Resistance 2 (R2) 0.58 0.57 0.59 0.60
Resistance 1 (R1) 0.57 0.56 0.58 0.57 0.59
Pivot Point 0.54 0.54 0.55 0.55 0.54
Support 1 (S1) 0.53 0.53 0.54 0.53 0.51
Support 2 (S2) 0.50 0.52 0.51 0.50
Support 3 (S3) 0.49 0.50 0.50
Support 4 (S4) 0.49