Waste Management's most recent trend suggests a bullish bias. One trading opportunity on Waste Management is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 14.94% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $8.70 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Waste Management is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Waste Management is bullish.
The RSI indicator is at 70.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Waste Management
Waste Management (WM) Gains But Lags Market: What You Should Know
Tue, 15 Mar 2022 22:15:10 +0000
Waste Management (WM) closed at $155.17 in the latest trading session, marking a +0.47% move from the prior day.
WM RECOGNIZED AS ONE OF ETHISPHERE'S WORLD'S MOST ETHICAL COMPANIES
Tue, 15 Mar 2022 20:51:00 +0000
WM (NYSE:WM) announced today that it has been honored as one of the 2022 World's Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the 13th time Ethisphere has recognized WM and the Company is the only honoree in the Environmental Services industry.
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Investing In Pollution Control and Waste Reduction
Wed, 09 Mar 2022 19:14:52 +0000
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Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger
Tue, 08 Mar 2022 11:07:16 +0000
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