Waste Management's most recent trend suggests a bearish bias. One trading opportunity on Waste Management is a Bear Call Spread using a strike $41.00 short call and a strike $46.00 long call offers a potential 6.38% 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 $41.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $46.00 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 at 44.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Waste Management
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Wed, 26 Feb 2014 16:28:45 GMT
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Wed, 26 Feb 2014 12:00:00 GMT
Waste Management Announces Cash Dividend
Tue, 25 Feb 2014 22:28:34 GMT
noodls – HOUSTON–(BUSINESS WIRE)–Feb. 25, 2014– Waste Management, Inc. (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.375 per share payable March 21, 2014 to stockholders of record …
Waste Management Announces Cash Dividend
Tue, 25 Feb 2014 21:01:00 GMT
Business Wire – Waste Management, Inc. today announced the declaration of a quarterly cash dividend of $0.375 per share payable March 21, 2014 to stockholders of record on March 10, 201
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Tue, 25 Feb 2014 13:00:00 GMT
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