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 3 out of 10. Although MMM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MMM has a been trading in the 121.98 - 155.00 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, MMM did better than 90% of all other stocks.
MMM is part of the Industrial Conglomerates industry. There are 7 other stocks in this industry. MMM outperforms 100% of them.
MMM has an average volume of 4319430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MMM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MMM has a poor technical rating and the quality of the setup is also not perfect 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
155.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 125.85 to 128.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @122.83 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 134.69 to 135.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 138.33 to 140.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @154.40 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.46
Mansfield1.02
10 Day High139.23
10 Day Low121.98
20 Day High155
20 Day Low121.98
52 Week High156.35
52 Week Low90.65
Performance
1 Week-2.08%
2 Weeks-6.82%
1 Month-13.92%
3 Month-7.67%
6 Month-3.65%
12 Month41.12%
2 Year22.59%
3 Year-9.71%
5 Year-14.29%
10 Year-16.74%
15 Year46.85%
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)-0.74
RSI(14)37.59
LBB121.83
UBB150.15
130.21
-0.25 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.19%
1 Week-2.08%
2 Weeks-6.82%
1 Month-13.92%
3 Month-7.67%
6 Month-3.65%
12 Month41.12%
2 Year22.59%
3 Year-9.71%
5 Year-14.29%
10 Year-16.74%
15 Year46.85%
Volatility
ATR(14)7.21
ATR(20)%4.67%
ATR Inc-43.2%
Range Today2.87
ADR(20)5.49
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.46
Mansfield1.02
10 Day High139.23
10 Day Low121.98
20 Day High155
20 Day Low121.98
52 Week High156.35
52 Week Low90.65
CS1 End128.23
CR1 Start134.69
Volume & EV
DER(3)2.03%
DER(5)1.16%
Volume4.95M
Volume Incr-11.3%
Vol(5)4.06M
Vol(50)4.32M