3M CO (MMM) Stock Technical Analysis
NYSE:MMM - New York Stock Exchange, Inc. - US88579Y1010 - Common Stock - Currency: USD
Overall MMM gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MMM has a been trading in the 144.56 - 155.00 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!
Looking at the yearly performance, MMM did better than 91% of all other stocks. We also observe that the gains produced by MMM over the past year are nicely spread over this period.
MMM is one of the better performing stocks in the Industrial Conglomerates industry, it outperforms 100% of 8 stocks in the same industry.
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 3619880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although MMM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
121.60
155.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 134.69 to 135.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 148.91 to 154.41. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS91.75
Mansfield1.3
10 Day High152.9
10 Day Low144.56
20 Day High155
20 Day Low144.56
52 Week High155
52 Week Low88.23
Performance
1 Week-2.51%
2 Weeks-4.82%
1 Month-3.11%
3 Month12.9%
6 Month11.05%
12 Month56.6%
2 Year34.56%
3 Year-2.47%
5 Year-2.85%
10 Year-14.03%
15 Year80.89%
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)-1.16
RSI(14)45.35
LBB146.1
UBB153.26
144.98
-4.1 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-2.75%
1 Week-2.51%
2 Weeks-4.82%
1 Month-3.11%
3 Month12.9%
6 Month11.05%
12 Month56.6%
2 Year34.56%
3 Year-2.47%
5 Year-2.85%
10 Year-14.03%
15 Year80.89%
Volatility
ATR(14)2.62
ATR(20)%1.82%
ATR Inc40.36%
Range Today4.97
ADR(20)2.59
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.75
Mansfield1.3
10 Day High152.9
10 Day Low144.56
20 Day High155
20 Day Low144.56
52 Week High155
52 Week Low88.23
CS1 End135.05
CR1 Start148.91
Volume & EV
DER(3)0.95%
DER(5)0.36%
Volume4.28M
Volume Incr-30.27%
Vol(5)2.94M
Vol(50)3.62M