WM technical analysis
WM Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
WM Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- WM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 224.31 | August 5, 2026 | - | Verified |
| Verification series | 224.31 | August 5, 2026 | 0.00% | Verified |
Bottom line
WM Technical Analysis Summary
WM (Waste Management) is in a short-term pullback within a longer-term uptrend. On the daily chart, price at 224.31 has fallen below SMA20 (233.89) and SMA50 (225.60) and is trading just above SMA200 (222.01), a key support zone that also lines up with the 20-day low at 222.16. RSI14 at 40.85 and a negative MACD histogram of -2.08 reflect corrective momentum after a 5-day decline of 5.19%. The weekly chart remains constructive: price at 226.55 still holds above the weekly SMA20 (225.28), SMA50 (221.48), and SMA200 (194.47), and the weekly MACD histogram is positive. The 52-week position sits at 58.76% on the daily series. The near-term picture depends on whether WM defends the SMA200 support cluster near 222; a hold there would keep the broader uptrend intact, while resistance on a recovery is first at the daily SMA20 of 233.89 and then the 60-day high of 247.15.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed to bearish in the short term. Price at 224.31 is below SMA20 (233.89, -4.10%) and below SMA50 (225.60, -0.57%), while still above SMA200 (222.01, +1.04%). The daily pullback has taken price back toward the SMA200 support cluster, so the immediate trend is corrective even though the longer-term moving average alignment remains intact.
- Momentum
- Bearish. RSI14 at 40.85 is below the 50 midline, indicating short-term selling pressure. The MACD line at -0.16 is below the signal line at 1.92, and the histogram at -2.08 is negative, confirming that downside momentum is still in control after the recent decline.
- Volatility
- Elevated. ATR14 at 5.23 (2.33% of price) reflects rising daily swings during the pullback. Bollinger Bands (223.22 to 244.56) are wide, and price is trading in the lower portion of the band range near the lower band, consistent with a sharp short-term move.
- Volume
- Modestly above average. Latest volume of 2,131,000 is 1.13 times the 20-period average (1,877,950), indicating selling participation has picked up during the decline.
Assessment
The daily chart shows a short-term correction that has not yet broken the broader uptrend. Price has dropped below the short-term moving averages but is holding just above the SMA200 at 222.01, which coincides with the 20-day low at 222.16 and forms a meaningful support cluster. RSI at 40.85 and a negative MACD histogram mean downside momentum is still active, and a test of the SMA200 area is likely. The 60-day return remains positive at +4.60%, and the 52-week position of 58.76% keeps WM in the middle of its annual range. A sustained break below the SMA200 support would open a move toward the 60-day low at 209.21, while a reclaim of SMA50 would signal that the correction is fading.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 226.55 is above SMA20 (225.28, +0.56%), SMA50 (221.48, +2.29%), and SMA200 (194.47, +16.50%). All weekly SMAs remain in positive alignment, and the multi-year uptrend structure stays intact even after the sharp weekly decline.
- Momentum
- Mixed. RSI14 at 50.62 is sitting right at the neutral 50 level, reflecting a loss of upside momentum. The MACD line at 2.32 remains above the signal line at 1.12 with a positive histogram of 1.20, so the weekly trend is still technically bullish but showing signs of cooling.
- Volatility
- Elevated. ATR14 at 11.45 (5.05% of price) is high for WM and reflects the large weekly swing. Bollinger Bands (209.60 to 240.96) are wide, and price is in the lower portion of the band range after the weekly drop of 5.11%.
- Volume
- Modestly above average. Weekly volume of 11,411,600 is 1.15 times the 20-week average (9,938,295), indicating above-normal participation during the pullback week.
Assessment
The weekly chart keeps the longer-term uptrend intact but shows a meaningful loss of momentum. Price at 226.55 is still above all major weekly SMAs, and the MACD configuration remains positive, which supports the view that this is a correction within an uptrend rather than a reversal. The 252-week return of +62.89% and the position well above the weekly SMA200 (194.47) confirm the structural uptrend. The weekly SMA20 at 225.28 is now the immediate support that must hold to preserve the bullish setup; the weekly SMA50 at 221.48 and the 20-week low at 210.12 are the next levels if the pullback extends. Momentum at RSI 50.62 gives no strong directional signal, so the weekly bias remains bullish but dependent on the support holding.
Key indicators
WM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 40.85 | 50.62 |
| MACD (12, 26, 9) | -0.16 / 1.92 / -2.08 | 2.32 / 1.12 / 1.20 |
| ATR (14) | 5.23 (2.33%) | 11.45 (5.05%) |
| Bollinger Bands (20, 2) | 223.22 - 244.56 | 209.60 - 240.96 |
| SMA (20) | 233.89 | 225.28 |
| SMA (50) | 225.60 | 221.48 |
| SMA (200) | 222.01 | 194.47 |
Price structure
WM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 224.31 | 226.55 |
| 1-Period Return | -0.42% | -5.11% |
| 5-Period Return | -5.19% | +0.45% |
| 20-Period Return | -4.12% | -4.61% |
| 60-Period Return | +4.60% | -2.60% |
| 252-Period Return | -1.14% | +62.89% |
| 52-Week Low | 191.77 | 191.77 |
| 52-Week High | 247.15 | 247.15 |
| 52-Week Position | 58.76% | 62.81% |
Key levels
WM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 247.15 | 247.15 |
| 20-Period Low | 222.16 | 210.12 |
| 60-Period High | 247.15 | 247.15 |
| 60-Period Low | 209.21 | 191.77 |
Scenarios
WM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above the SMA200 support cluster near 222 (222.01) and reclaims the daily SMA50 at 225.60 and then SMA20 at 233.89, signaling that the correction is over and pointing back toward the 60-day high at 247.15.
Invalidation
A sustained close below the SMA200 at 222.01 and the 20-day low at 222.16 on rising volume.
What to watch
Daily RSI recovering above 50; the MACD histogram turning less negative and then positive; weekly RSI staying above 45; volume easing as the decline slows.
Range-Bound
Trigger
Price oscillates between support near the SMA200 and the 20-day low (222.01 to 222.16) and resistance near the daily SMA20 at 233.89, reflecting consolidation while the market decides on direction.
Invalidation
A decisive break above 233.89 or below the 222.16 support zone with increasing volume.
What to watch
RSI stabilizing between 35 and 55; the MACD histogram flattening toward zero; volume returning to the 20-day average.
Bearish
Trigger
A break below the SMA200 at 222.01 and the 20-day low at 222.16 extends the correction toward the 60-day low at 209.21, and a weekly close below the weekly SMA20 at 225.28 would put the larger uptrend at risk.
Invalidation
Price reclaims the daily SMA20 at 233.89 within a reasonable timeframe, keeping the pullback contained.
What to watch
Daily RSI falling below 35; the MACD histogram deepening negative; the weekly MACD crossing below its signal line; relative performance vs. SPY during any market weakness.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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