Waste Management(WM)

Waste Management (WM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for WM · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$236.38last close · Jul 22, 202652-week range $194.11$248.13 · 4.74% below the high
Rising Wedge · playing out now

WM is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 69% of the time.

As long as price stays below $243.0, it's in play — a daily close back above there calls it off.

The move's natural target sits near $221.6.

WM Rising Wedge Pattern

WM is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$221.56Projected move−7.3%Breakout level$237.18

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
WM win rate
65.2%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

WM Pattern Trade History

Every completed pattern trade our nightly backtest found on WM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 8, 2026 @ $220.74Jul 21, 2026 @ $233.18Win+8.2% · +1.17R
TriangleMay 5, 2026 @ $224.93Jun 2, 2026 @ $210.99Win+6.8% · +1.30R
Rising WedgeFeb 24, 2026 @ $229.87Feb 27, 2026 @ $240.84Loss+4.5% · -1.26R
TriangleJan 20, 2026 @ $221.35Jan 29, 2026 @ $223.13Win+3.5% · +0.27R
Rising WedgeJan 13, 2026 @ $216.93Jan 21, 2026 @ $226.49Loss+6.8% · -1.79R
TriangleDec 17, 2025 @ $219.02Mar 10, 2026 @ $235.54Win+11.8% · +1.46R
Falling WedgeSep 23, 2025 @ $216.92Oct 15, 2025 @ $213.69Loss+5.1% · -1.01R
TriangleMay 30, 2025 @ $238.36Sep 8, 2025 @ $219.05Loss+9.2% · -1.04R
Rising WedgeDec 6, 2024 @ $223.30Dec 16, 2024 @ $211.96Win+5.7% · +1.60R
TriangleMay 28, 2024 @ $205.65Jun 24, 2024 @ $212.44Loss+4.1% · -1.02R
TriangleJun 16, 2023 @ $165.29Aug 8, 2023 @ $159.80Loss+6.7% · -1.08R
Rising WedgeMay 22, 2023 @ $163.46Jun 30, 2023 @ $173.42Loss+7.8% · -1.30R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

WM Support and Resistance Levels

Price is being turned away at a ceiling near $241.64 and starting to slide. On the weekly chart, the next floor below sits near $194.11 — about 18% away.

  • Traders commonly watch $194.11 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $241.64 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

WM Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$235.17$236.76$233.41$236.38
Jul 21, 2026$235.03$235.93$232.80$233.18
Jul 20, 2026$238.87$240.86$237.00$239.05
Jul 17, 2026$244.75$247.15$236.94$239.31
Jul 16, 2026$236.02$243.04$234.34$242.25
Jul 15, 2026$233.50$236.92$232.25$232.80
Jul 14, 2026$233.72$236.15$231.01$234.27
Jul 13, 2026$234.44$237.49$234.09$236.71
Jul 10, 2026$232.22$233.62$230.90$233.33
Jul 9, 2026$231.26$233.77$230.05$231.67

WM Frequently Asked Questions

What chart pattern is WM forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Waste Management (WM) on the daily chart, with a measured-move target of $221.56.
Is a rising wedge bullish or bearish?
The rising wedge detected on WM is a bearish pattern, projecting a measured-move target of $221.56. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if WM's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $221.56 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WM's closing price on Jul 22, 2026?
Waste Management (WM) last closed at $236.38 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.