Market momentum studies show RSI levels approaching 70, consistent with an overbought tone, yet analysts continue to maintain a bullish "WM stock price forecast" given the macro tailwinds. The garbage and recycling hauler's stock has climbed by 2.61% in the past month, exceeding the Business Services sector's loss of 1% and lagging the S&P 500's gain of 5.2%. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. A technical-based "WM stock price forecast" reveals the 50-day moving average crossing above the 200-day average, a golden cross pattern typically associated with sustained price rallies in equity markets.
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