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Waste Management Bullish Moving Average Crossover Alert (WM)

By Amy Schwartz

Waste Management (NYSE:WM) crossed over its 10-day moving average of $73.68 on a volume of 236K 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.

In the past 52 weeks, Waste Management share prices have been bracketed by a low of $61.08 and a high of $74.58 and are now at $73.82, 21% above that low price. The 200-day and 50-day moving averages have moved 0.43% higher and 0.57% higher over the past week, respectively.

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