WASTE MANAGEMENT INC. - Daily - Technical analysis published on 04/10/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
17%
61%
22%
My opinion
Bullish above 217.56 USD
My targets
232.91 USD (+3.90%)
My analysis
With a bullish background trend, the price of WASTE MANAGEMENT INC. is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 217.56 USD. A bullish break in the resistance located at 232.91 USD would boost the bullish momentum and fuel the basic trend. PS: if there is a bearish break in the support located at 217.56 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WASTE MANAGEMENT INC. price is 224.17 USD. The price registered a decrease of -0.11% on the session and was between 222.01 USD and 226.09 USD. This implies that the price is at +0.97% from its lowest and at -0.85% from its highest.222.01
226.09
224.17
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of WASTE MANAGEMENT INC. indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 209.78 | 217.56 | 222.03 | 224.17 | 226.85 | 232.91 |
| Change (%) | -6.42% | -2.95% | -0.95% | - | +1.20% | +3.90% |
| Change | -14.39 | -6.61 | -2.14 | - | +2.68 | +8.74 |
| Level | Minor | Minor | Major | - | 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 | 203.70 | 208.60 | 216.51 | 221.41 | 229.32 | 234.22 | 242.13 |
| Camarilla | 220.90 | 222.07 | 223.25 | 224.42 | 225.59 | 226.77 | 227.94 |
| Woodie | 205.21 | 209.35 | 218.02 | 222.16 | 230.83 | 234.97 | 243.64 |
| Fibonacci | 208.60 | 213.49 | 216.52 | 221.41 | 226.30 | 229.33 | 234.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 206.14 | 215.60 | 220.40 | 229.86 | 234.66 | 244.12 | 248.92 |
| Camarilla | 221.28 | 222.59 | 223.89 | 225.20 | 226.51 | 227.81 | 229.12 |
| Woodie | 203.81 | 214.44 | 218.07 | 228.70 | 232.33 | 242.96 | 246.59 |
| Fibonacci | 215.60 | 221.05 | 224.41 | 229.86 | 235.31 | 238.67 | 244.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 208.35 | 214.35 | 222.93 | 228.93 | 237.51 | 243.51 | 252.09 |
| Camarilla | 227.50 | 228.84 | 230.17 | 231.51 | 232.85 | 234.18 | 235.52 |
| Woodie | 209.64 | 215.00 | 224.22 | 229.58 | 238.80 | 244.16 | 253.38 |
| Fibonacci | 214.35 | 219.92 | 223.36 | 228.93 | 234.50 | 237.94 | 243.51 |
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): | 48.66 | |
| MACD (12,26,9): | -0.3300 | |
| Directional Movement: | -8.03 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 226.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 235.00 | |
| Elder Ray (13): | -2.21 | |
| Super Trend (3,10): | 236.88 | |
| Zig ZAG (10): | 225.29 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 33.00 | |
| TEMA (21): | 224.85 | |
| Williams %R (14): | -54.26 | |
| Chande Momentum Oscillator (20): | -1.81 | |
| Repulse (5,40,3): | 2.4400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.46 |
| MA7: | 226.18 | |
| MA20: | 227.30 | |
| MA50: | 226.65 | |
| MA100: | 219.38 | |
| MAexp7: | 225.07 | |
| MAexp20: | 226.61 | |
| MAexp50: | 224.64 | |
| MAexp100: | 220.70 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | -1.38% | |
| Price / MA50: | -1.09% | |
| Price / MA100: | +2.18% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | -1.08% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | +1.57% |
Quotes :
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15 min delayed data
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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:
- Viably Partners With Turmec to Revolutionize Waste Management Systems Integration
- Blue Planet Expands Global Leadership in Sustainable Waste Management with Acquisition of Smart Environmental
- The Clean Cities And Urban Development Forum 2024 - Driving Innovation For Sustainable Waste Management & Urban Development
- EQS-News: Saudi Arabia Ventures into Sustainable Waste Management
- EQS-News: Saudi Arabia's path to Circular Economy: National Center for waste management presents it's investment opportunities for the first time at IFAT 2024 in Munich
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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