3M CO (MMM)

US88579Y1010 - Common Stock

129.28  +2.15 (+1.69%)

After market: 129 -0.28 (-0.22%)

Technical Rating and Analysis

4

Taking everything into account, MMM scores 4 out of 10 in our technical rating. In the last year, MMM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

In the last month MMM has a been trading in the 125.37 - 135.58 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
MMM is part of the Industrial Conglomerates industry. There are 8 other stocks in this industry. MMM outperforms 71% of them.
MMM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MMM is performing more or less in line with the market.
MMM has an average volume of 3548370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MMM outperforms 69% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
MMM Weekly chart
MMM Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, MMM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 125.85, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

96.96

140.84

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 122.83 to 125.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @97.94 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 130.02 to 131.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 134.69 to 139.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.73
Mansfield0.49
10 Day High133.85
10 Day Low125.37
20 Day High135.58
20 Day Low125.37
52 Week High141.34
52 Week Low88.23
Performance
1 Week-0.49%
2 Weeks-2.88%
1 Month1.54%
3 Month-4.07%
6 Month26.26%
12 Month21.58%
2 Year7.81%
3 Year-27.22%
5 Year-26.72%
10 Year-21.32%
15 Year56.38%
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)-0.35
RSI(14)47.96
LBB125.83
UBB133.92
MMM Daily chart

3M CO

NYSE:MMM (12/20/2024, 8:24:58 PM)

After market: 129 -0.28 (-0.22%)

129.28

+2.15 (+1.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg1.69%
1 Week-0.49%
2 Weeks-2.88%
1 Month1.54%
3 Month-4.07%
6 Month26.26%
12 Month21.58%
2 Year7.81%
3 Year-27.22%
5 Year-26.72%
10 Year-21.32%
15 Year56.38%
Volatility
ATR(14)2.65
ATR(20)%2.01%
ATR Inc42.93%
Range Today4.6
ADR(20)2.54
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.73
Mansfield0.49
10 Day High133.85
10 Day Low125.37
20 Day High135.58
20 Day Low125.37
52 Week High141.34
52 Week Low88.23
CS1 End125.85
CR1 Start130.02
Volume & EV
DER(3)-0.64%
DER(5)-0.1%
Volume8.35M
Volume Incr47.83%
Vol(5)4.19M
Vol(50)3.55M