Waste Management's 15min chart shows MACD Death Cross, KDJ Death Cross

Waste Management's 15-minute chart recently exhibited a MACD Death Cross and KDJ Death Cross at 09/16/2025 12:30, which suggests that the stock price may continue to decline. This technical indicator suggests a shift in momentum towards the downside, potentially leading to a further decrease in stock price.

Waste Management Inc. (NYSE:WM) has recently experienced a significant technical indicator event that suggests a potential downward trend in its stock price. On September 16, 2025, at 12:30 PM, the company's 15-minute chart exhibited both a MACD Death Cross and a KDJ Death Cross. These technical indicators are widely used by investors to predict changes in stock momentum and trend direction Acadian Asset Management LLC Sells 24,388 Shares of Waste Management, Inc. $WM^[1].

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a potential reversal in the trend. Similarly, the KDJ (Kaufman Adaptive Moving Average) Death Cross indicates a bearish signal when the K line crosses below the D line. Both indicators suggest a shift in momentum towards the downside, potentially leading to a further decrease in Waste Management's stock price Acadian Asset Management LLC Sells 24,388 Shares of Waste Management, Inc. $WM^[1].

This development comes after Waste Management reported strong earnings for the last quarter, with earnings per share (EPS) of $1.92, exceeding estimates, and a year-over-year revenue growth of 19% to $6.43 billion Acadian Asset Management LLC Sells 24,388 Shares of Waste Management, Inc. $WM^[1]. Despite the positive earnings report, the technical indicators suggest that investors may need to be cautious about the stock's near-term prospects.

Acadian Asset Management LLC, a significant shareholder, reduced its position in Waste Management by 6.1% in the first quarter, while other large investors such as Brighton Jones LLC and Bank Pictet & Cie Europe AG increased their positions. However, the overall sentiment among institutional investors remains mixed, with 80.40% of the stock owned by hedge funds and other institutional investors Acadian Asset Management LLC Sells 24,388 Shares of Waste Management, Inc. $WM^[1].

Several equities analysts have also weighed in on the company. National Bank Financial upgraded Waste Management to a "hold" rating, while JPMorgan Chase & Co. upgraded it to an "overweight" rating with a price target of $277.00. Despite the positive ratings, the consensus rating remains "Moderate Buy" with an average target price of $254.35 Acadian Asset Management LLC Sells 24,388 Shares of Waste Management, Inc. $WM^[1].

Waste Management's stock has been volatile, trading down $2.28 to $218.22 during midday trading on Friday. The stock has a current ratio of 0.86, a quick ratio of 0.82, and a debt-to-equity ratio of 2.51. The company's 50-day moving average is $227.06, and its 200-day moving average is $229.30. The stock has a market capitalization of $87.91 billion and a price-to-earnings ratio of 32.38 Acadian Asset Management LLC Sells 24,388 Shares of Waste Management, Inc. $WM^[1].

Investors should closely monitor Waste Management's stock price and consider the potential implications of the recent technical indicator signals. While the company's earnings report was strong, the technical indicators suggest a need for caution. Further analysis of the company's financial health and market conditions will be crucial for making informed investment decisions.