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Archive - 4/10/2026 - 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 the negative week for the Waste Management, Inc. (WM). During the week, the WM dropped -5.97 points, or -2.54%, and closed at 229.45 on Friday, April 10, 2026. Weekly volume was -16% 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 248.13 on March 6, 2026. WM gained -162.79 points, or -190.75%, in 310 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 200.99 and resistance is at 262.64. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See WM medium-term trend chart] A medium-term uptrend had started on November 3, 2025 at 194.11 and reached 248.13 on March 6, 2026. WM gained -54.02 points, or -27.83%, in 17 weeks. The price is now at the 34.58% retracement level.
Weekly Technical Indicators: [See WM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 12, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See WM short-term trend chart] A short-term uptrend had started on March 25, 2026 at 219.10 and reached 236.12 on April 2, 2026. WM gained -17.02 points, or -7.77%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
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 declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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