Casella Waste Systems Stock Forecast

Buy candidate since Jun 06, 2025 Gain 1.02%

The Casella Waste Systems stock price fell by -0.549% on the last day (Friday, 13th Jun 2025) from $118.42 to $117.77. During the last trading day the stock fluctuated 1.44% from a day low at $117.22 to a day high of $118.91. The price has been going up and down for this period, and there has been a 0.48% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -120 thousand shares and in total, 296 thousand shares were bought and sold for approximately $34.81 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.68% during the next 3 months and, with a 90% probability hold a price between $120.13 and $131.86 at the end of this 3-month period.

CWST Signals & Forecast

The Casella Waste Systems stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $116.96 and $116.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 14, 2025, and so far it has risen 7.04%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Casella Waste Systems stock

On the downside, the stock finds support just below today's level from accumulated volume at $110.02 and $108.57. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Casella Waste Systems finds support just below today's level at $110.02. If this is broken, then the next support from accumulated volume will be at $108.57 and $104.03.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.69 between high and low, or 1.44%. For the last week the stock has had daily average volatility of 2.21%.

Our recommended stop-loss: $111.03 (-5.72%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 21 days ago.)

Trading Expectations (CWST) For The Upcoming Trading Day Of Monday 16th

For the upcoming trading day on Monday, 16th we expect Casella Waste Systems to open at $117.97, and during the day (based on 14 day Average True Range), to move between $115.17 and $120.37, which gives a possible trading interval of +/-$2.60 (+/-2.21%) up or down from last closing price. If Casella Waste Systems takes out the full calculated possible swing range there will be an estimated 4.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $117.96 (0.16%) than the support at $110.02 (6.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Casella Waste Systems stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Casella Waste Systems stock to perform well in the short-term.

Current score: 3.891 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 16, 2025 - $117.97 ( 0.167%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*