Waste Management's most recent trend suggests a bearish bias. One trading opportunity on Waste Management is a Bear Call Spread using a strike $42.00 short call and a strike $47.00 long call offers a potential 5.26% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $42.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $47.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Waste Management is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Waste Management is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Waste Management
Waste Management Announces Winner of Inaugural Sustainability Challenge
Wed, 29 Jan 2014 15:19:22 GMT
noodls – Waste Management Draws on Phoenix Open Experience to Rate Shell Houston Open Winner in Sustainability for Participating PGA TOUR Golf Tournaments PHOENIX–(BUSINESS WIRE)–Jan. 29, 2014– Waste Management …
Waste Management Announces Winner of Inaugural Sustainability Challenge
Wed, 29 Jan 2014 14:15:00 GMT
Business Wire – Waste Management today announced that the Shell Houston Open has been named the winner of its inaugural Sustainability Challenge. In a contest that invited all PGA TOUR
2013 profits ‘in line' at waste management firm Augean
Tue, 28 Jan 2014 08:38:00 GMT
Florida's Rebate Program Has Natural Gas Vehicles Off and Running
Fri, 17 Jan 2014 15:10:53 GMT
Motley Fool – Natural gas vehicles and a big shift to natural gas for power generation have taken the Sunshine State by storm.
[$$] Waste Stocks Face a Heap of Concerns
Tue, 14 Jan 2014 15:57:00 GMT
Barrons.com – Credit Suisse We are downgrading the waste sector to Market Weight from Overweight. We would not be surprised to see waste stocks lag in the first half after a strong year on an up market in 2013. We are …
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