Waste Management Technical Analysis (NYSE:WM)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Waste Management stock price data and volume are plotted in WM stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Waste Management. Technical analysis uses an approach for Waste Management stock analysis that does not care for the fair value of a company but uses price and volume data only.
Waste Management Moving Average
Moving averages show the WM stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $84.26 is below the price of $85.49.
Waste Management Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Waste Management. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Waste Management bollinger bands.
Waste Management Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Waste Management MACD indicator is below 0 indicating a bearish trend.
Waste Management Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of WM stock is 46.75.