• Return to Headlines

Waste Management Crosses Above its 10-day MA (WM)

By James Quinn

Today, shares of Waste Management (NYSE:WM) have crossed bullishly above their 10-day moving average of $83.33 on a volume of 939K shares. Swing traders may find 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 $83.55, 37% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.4%.

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