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Archive - 4/17/2025 - Sign In to see current Signals. |
Waste Management, Inc. (WM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Waste Management, Inc. (WM). During the week, the WM climbed 1.51 points, or 0.66%, and closed at 230.91 on Thursday, April 17, 2025. Weekly volume was -9% below average.
Long-term trend: [See WM long-term trend chart] A long-term uptrend had started on March 25, 2020 at 85.34 and reached 239.30 on April 3, 2025. WM gained -153.96 points, or -180.41%, in 262 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (187.45) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See WM medium-term trend chart] A medium-term uptrend had started on January 2, 2025 at 199.70 and reached 239.30 on April 3, 2025. WM gained -39.60 points, or -19.83%, in 13 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (231.80) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See WM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 April 3, 2025 at 239.30 and reached 213.50 on April 9, 2025. WM lost 25.80 points, or 10.78%, in 6 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See WM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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