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Archive
- 9/4/2026 -
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Waste Management, Inc. (WM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Waste Management, Inc. (WM). During the week, the WM gave back -0.67 points, or -0.31%, and closed at 218.99 on Friday, September 4, 2026. Weekly volume was 19% above average.
 Long-term trend: [See WM long-term trend chart]
A long-term downtrend had started on March 6, 2026 at 248.13 and reached 210.12 on June 2, 2026. WM lost 38.01 points, or 15.32%, in 12 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See WM medium-term trend chart]
A medium-term uptrend had started on June 2, 2026 at 210.12 and reached 247.15 on July 17, 2026. WM gained -37.03 points, or -17.62%, in 6 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (221.67) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See WM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since August 21, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See WM short-term trend chart]
A short-term downtrend had started on July 17, 2026 at 247.15 and reached 216.27 on September 2, 2026. WM lost 30.88 points, or 12.49%, in 47 days. The price is now at the 8.81% retracement level.
Daily Technical Indicators: [See WM daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.
The daily MACD line is below its signal line since July 24, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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