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Takip Edin: @UscMarketsWM Stock Forecast & Waste Management Chart Analysis
This article provides a detailed analysis of WM-Waste Management stock including a forecast for WM shares. It features Waste Management, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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WM Historical Data Review
WM Current Price Performance Analysis
The Waste Management - WM stock traded on the American stock market, on 06-05-2024, closed at 203.9$ with a %0.13 increased compared to the previous day.
In the last month, the price of WM changed by %-3.16 decreased in value, from 210.56 dollars on 05-06-2024 to 203.9 dollars, decreased.
Last year, the price of WM was 162.68 dollars on 06-06-2023, and changed by %25.34 increased in value, to 203.9 dollars increased within a year.
The price of Waste Management stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
WM with AI Stock Forecast & Price Target
On the WM chart Waste Management price was recorded as 203.9 Dollars on 06/05/2024.
The artificial intelligence's forecast on WM stock is as follows.
The artificial intelligence's prediction error margin for WM stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Waste Management stock over the next 4 months is: 221.6 Dollars.
The commentary on WM stock Target Price: Highest: 232.934 Dollars is predicted.
The commentary on WM stock Target Price: Lowest: 212.136 Dollars is predicted.
Resistance Price where Waste Management stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 219.017 |
| 10-08-2024 | 232.934 |
| 11-27-2024 | 228.078 |
| 02-20-2025 | 219.486 |
Support Price where Waste Management stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 212.136 |
| 11-12-2024 | 227.147 |
| 01-16-2025 | 214.477 |
| 03-07-2025 | 219.290 |
The commentary on WM stock: The target price can generally be said to be on the rise.
The commentary on WM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Waste Management stock by the end of 2024 is predicted to be 218.755 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WM stock, and the 2024 target price predictions for Waste Management are detailed above.
The technical analysis and charts for the commentary on WM stock are below.
WM Support & Resistance and Trend Analysis
WM stock you have reviewed the technical analysis support resistance charts regarding.
WM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WM review, the Waste Management support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Waste Management Support and Resistance Prices:
| WM Support Level Price | WM Resistance Level Price |
|---|---|
| 168.73 | 172.82 |
| 173.01 | 173.93 |
| 176.68 | 174.80 |
| 186.91 | 179.80 |
| 199.62 | 184.93 |
| 203.62 | 202.69 |
| 204.37 | 209.78 |
| 204.91 | 211.05 |
| 207.68 | 211.23 |
| 212.68 | |
| 214.01 | |
| 214.54 |
WM Technical Analysis: SMA, RSI, MACD
Upon reviewing the WM chart, buy and sell signals have been generated in the Waste Management technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for WM stock are as follows:- WM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Waste Management gave a 'Buy' signal when the RSI was at 28.067, with the current RSI value at 42.277.
- The technical analysis for Waste Management indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Waste Management stock: Click here to read more predictions on Arista Networks stock.
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