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Bullish Moving Average Cross by Waste Management (WM)

By Amy Schwartz

Today, shares of Waste Management (NYSE:WM) have advanced above their 10-day MA of $84.35 on a volume of 152K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Waste Management has traded in a range of $61.08 to $89.73 and is now at $84.54, 38% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Waste Management and will alert subscribers who have WM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Waste Management

Ticker(s): WM