WASTE MANAGEMENT INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	WM
ISIN:

WASTE MANAGEMENT INC. - 1H - Technical analysis published on 02/20/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

33%

28%

My opinion

Bullish above 221.90 USD

My targets

230.88 USD (+1.18%)

234.04 USD (+2.56%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WASTE MANAGEMENT INC. as long as the price remains well above 221.90 USD. The buyers' bullish objective is set at 230.88 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 234.04 USD. If there is any crossing, the next objective would be the resistance located at 237.69 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WASTE MANAGEMENT INC. rating is 228.20 USD. The price is lower by -0.14% since the last closing with the lowest point at 226.34 USD and the highest point at 228.26 USD. The deviation from the price is +0.82% for the low point and -0.03% for the high point.

226.34

228.26

228.20

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of WASTE MANAGEMENT INC. indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Bearish harami

Type : Bearish

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	218.51	221.90	227.70	228.20
Change (%)	-4.25%	-2.76%	-0.22%	-
Change	-9.69	-6.30	-0.50	-
Level	Minor	Major	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	225.33	226.25	227.38	228.30	229.43	230.35	231.48
Camarilla	227.96	228.14	228.33	228.52	228.71	228.90	229.08
Woodie	225.45	226.30	227.50	228.35	229.55	230.40	231.60
Fibonacci	226.25	227.03	227.51	228.30	229.08	229.56	230.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	217.26	220.42	224.07	227.23	230.88	234.04	237.69
Camarilla	225.86	226.48	227.11	227.73	228.35	228.98	229.60
Woodie	217.52	220.54	224.33	227.35	231.14	234.16	237.95
Fibonacci	220.42	223.02	224.63	227.23	229.83	231.44	234.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	182.68	191.19	205.72	214.23	228.76	237.27	251.80
Camarilla	213.92	216.04	218.15	220.26	222.37	224.48	226.60
Woodie	185.70	192.70	208.74	215.74	231.78	238.78	254.82
Fibonacci	191.19	199.99	205.43	214.23	223.03	228.47	237.27

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.82
MACD (12,26,9):	-0.0100
Directional Movement:	-9.21
AROON (14):	-71.43
DEMA (21):	227.92
Parabolic SAR (0,02-0,02-0,2):	228.43
Elder Ray (13):	0
Super Trend (3,10):	225.96
Zig ZAG (10):	228.00
VORTEX (21):	0.9600
Stochastique (14,3,5):	43.04
TEMA (21):	227.50
Williams %R (14):	-47.08
Chande Momentum Oscillator (20):	-0.38
Repulse (5,40,3):	0.2600
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.96

MA7:	227.76
MA20:	222.00
MA50:	213.77
MA100:	214.59
MAexp7:	227.72
MAexp20:	227.86
MAexp50:	227.11
MAexp100:	224.43
Price / MA7:	+0.19%
Price / MA20:	+2.79%
Price / MA50:	+6.75%
Price / MA100:	+6.34%
Price / MAexp7:	+0.21%
Price / MAexp20:	+0.15%
Price / MAexp50:	+0.48%
Price / MAexp100:	+1.68%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on WASTE MANAGEMENT INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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