You can create waypoints in the Compass app. You can then see the distance, direction, and relative elevation to each Compass Waypoint you create.
Go to the Compass app , then tap , tap Waypoints, tap Compass Waypoints or a guide, then tap a waypoint. Scroll down, then tap Target Waypoint.
From the compass dial: Tap a waypoint on the compass dial, turn the Digital Crown to choose a waypoint, then tap Select.
The distance, direction, and relative elevation of the waypoint appear on the screen.
You can view waypoint elevations relative to your current elevation.
Go to the Compass app on your Apple Watch Ultra.
Tap Action Button, tap Action, tap Waypoint, then tap Apple Watch with a cellular plan.
Note: Emergency call waypoints are available only in the U.S., Canada, and Australia.