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

By James Quinn

Today, shares of Waste Management (NYSE:WM) have advanced above their 10-day MA of $75.23 on a volume of 142K 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 $76.00 and are now at $75.35, 23% above that low price. 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