3M CO (MMM)
US88579Y1010 - Common Stock
We assign a technical rating of 4 out of 10 to MMM. In the last year, MMM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month MMM has a been trading in the 124.50 - 135.34 range, which is quite wide. It is currently trading near the lows of this range.
MMM is part of the Industrial Conglomerates industry. There are 9 other stocks in this industry. MMM outperforms 75% of them.
MMM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MMM is lagging the market slightly.
MMM has an average volume of 3593570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, MMM outperforms 68% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MMM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 124.75, a Stop Loss order could be placed below this zone.
More info and screens
96.22
140.84
3 important support areas can be observed.
- A support zone ranging from 122.83 to 124.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.66 from a trend line in the daily time frame.
- Support @97.19 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 128.89 to 130.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 136.35 to 139.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.09
Mansfield0.27
10 Day High135.34
10 Day Low126.32
20 Day High135.34
20 Day Low124.5
52 Week High141.34
52 Week Low88.23
Performance
1 Week-3.78%
2 Weeks-4.32%
1 Month0.67%
3 Month-2.47%
6 Month27.74%
12 Month32.69%
2 Year1.07%
3 Year-25.12%
5 Year-25%
10 Year-20.47%
15 Year64.41%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)41.78
LBB124.86
UBB135.73
3M CO
NYSE:MMM (11/22/2024, 11:14:56 AM)
126.745
-0.57 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.45%
1 Week-3.78%
2 Weeks-4.32%
1 Month0.67%
3 Month-2.47%
6 Month27.74%
12 Month32.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.88
ATR(20)%2.25%
ATR Inc
Range Today1.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High135.34
10 Day Low126.32
20 Day High135.34
20 Day Low124.5
52 Week High141.34
52 Week Low88.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume463.32K
Volume Incr-48.89%
Vol(5)2.24M
Vol(50)3.59M