Waste Management, Inc. ($WM): A Professional’s Recap (2019-09-10)

REPORTING FOR 2019-09-10 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how WM has been trading over the last 2 weeks and the past day especially. On its latest session, Waste Management, Inc. ($WM) opened at 119.34, reaching a high of 119.55 and a low of 117.38 before closing at a price of 117.62. There was a total volume of 1394111.

VOLUME INDICATORS FOR WASTE MANAGEMENT, INC. ($WM): We saw an accumulation-distribution index of 3240.01084, an on-balance volume of 119.33, chaikin money flow of 19.66667 and a force index of 2.2344. There was an ease of movement rating of 0.00033, a volume-price trend of 4.63322 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR WASTE MANAGEMENT, INC. ($WM): We noted an average true range of 0.80704, bolinger bands of 120.17475, an upper bollinger band of 116.04525, lower bollinger band of 117.38, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 118.75667, high band keltner channel of 118.54667, low band keltner channel of 118.96667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 117.38, a donchian channel low band of 117.38, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR WASTE MANAGEMENT, INC. ($WM): We calculated a Moving Average Convergence Divergence (MACD) of 0.03276, a MACD signal of 0.0182, a MACD difference of 0.01456, a fast Exponential Moving Average (EMA) indicator of 117.38, a slow Exponential Moving Average (EMA) indicator of 117.38, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.16078, a trix of 1.82024, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -4.52005, a KST Oscillator (KST) of 40.0501 and a KST Oscillator (KST Signal) of 40.0501 (leaving a KST difference of 3.2341). We also found an Ichimoku rating of 119.445, an Ichimoku B rating of 119.445, a Ichimoku visual trend A of 115.12966, an Ichimoku visual trend B of 116.65845, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR WASTE MANAGEMENT, INC. ($WM): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 69.75333, a stochastic oscillator of 1033.33333, a stochastic oscillator signal of 1033.33333, a Williams %R rating of 933.33333 and an awesome oscillator of 0.1415.

RETURNS FOR WASTE MANAGEMENT, INC. ($WM): There was a daily return of 4.00501, a daily log return of 1.23615 and a cumulative return of 1.24382.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-09-10 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Waste Management, Inc. ($WM)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Waste Management, Inc. ($WM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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