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Waste Management, Inc. (WM) Corporate Logo

Waste Management, Inc. (WM) Stock Price & Analysis

Market: NYSE • Sector: Industrials • Industry: Waste Management

Waste Management, Inc. (WM) Profile & Business Summary

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2021, the company owned or operated 255 solid waste landfills; 5 secure hazardous waste landfills; 96 MRFs; and 340 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

Key Information

Ticker WM
Exchange NYSE
Official Site https://www.wm.com
CIK Number 0000823768
View SEC Filings

Market Trend Overview for WM

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)

As of 2026-08-28, WM is moving sideways with low volatility. Over the longer term, the trend remains bullish.

WM last closed at 219.66. The price is about 1.1 ATR below its recent average price (224.85), and the market is currently in a sideways market with low volatility. Price at 219.66 is moving between minor support near 212.22 and light resistance near 222.42. Direction remains unclear. View Support & Resistance from Options

Price is moving in a tight range. This often leads to a stronger move once the range breaks, increasing one-sided risk.

Trend Alignment Summary

Trend score: 40 out of 100. Overall alignment is unclear. The market is currently in a sideways phase with tightening price movement. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

A key downside risk boundary is near 217.38. If price falls below this area, the current structure would likely weaken further.

Recent Trend Signal

On 2026-07-31, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-08-28 (ET)
Next-session outlook for 2026-08-31 (ET)
Mild bearish lean, but not actionable

What the model sees

The model still sees a directional lean, but the edge is not thick enough after adjusting for reward/risk.


Why the model says this

The model does not deploy this setup because the directional lean exists, but the edge is still not thick enough after risk adjustment, reward/risk remains too thin at -0.14 after adjustment, and recent price behavior has shown failed reversal memory. Predictability is 58%, agreement is 86%, and reversal risk is 15%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-08-28 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 219.66, 2.77% below the estimated average cost of 225.93. An estimated 13.1% of recent positioning is below the current price, while 85.7% is above it. The peak-density price is 224.80. The largest concentrated cost region is 223.65 to 227.75 and contains 52.7% of the estimated distribution. The current price is within the 219.55 to 219.85 cost region. The nearest region below the current price is 218.55 to 218.95. The nearest region above the current price is 221.25 to 221.45.

Short Interest & Covering Risk for WM

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.71

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 1.55%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) -11.92%
20-Day Return -3.04%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 33%)

Structure Analysis

WM Short positioning looks normal. Current days to cover is 3.2 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. No meaningful structural fragility is currently detected (Fragility Score 0/100, DTC percentile 71%) and liquidity softening modestly (volume -12%).

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules