3M CO (MMM) Stock Technical Analysis
NYSE:MMM - New York Stock Exchange, Inc. - US88579Y1010 - Common Stock
We assign a technical rating of 10 out of 10 to MMM. Both in the recent history as in the last year, MMM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MMM did better than 89% of all other stocks.
MMM is part of the Industrial Conglomerates industry. There are 8 other stocks in this industry. MMM outperforms 85% of them.
A new 52 week high is currently being made by MMM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month MMM has a been trading in the 125.75 - 152.08 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MMM has an average volume of 3399920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MMM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
97.88
150.61
When analyzing the support we can see 5 important areas.
- A support zone ranging from 134.12 to 134.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 129.08 to 132.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @125.85 from a horizontal line in the daily time frame.
- Support @122.83 from a horizontal line in the daily time frame.
- Support @98.87 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.22
Mansfield1.75
10 Day High152.08
10 Day Low129.54
20 Day High152.08
20 Day Low125.75
52 Week High152.08
52 Week Low88.23
Performance
1 Week8.68%
2 Weeks14.45%
1 Month17.3%
3 Month19.54%
6 Month17.27%
12 Month55.35%
2 Year29.58%
3 Year-10.18%
5 Year-6.01%
10 Year-8.12%
15 Year85.27%
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)1.83
RSI(14)79.9
LBB123.69
UBB148.21
3M CO
NYSE:MMM (1/22/2025, 8:04:00 PM)
After market: 148.8 -0.32 (-0.21%)149.12
+2.23 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg1.52%
1 Week8.68%
2 Weeks14.45%
1 Month17.3%
3 Month19.54%
6 Month17.27%
12 Month55.35%
2 Year29.58%
3 Year-10.18%
5 Year-6.01%
10 Year-8.12%
15 Year85.27%
Volatility
ATR(14)3.34
ATR(20)%2.06%
ATR Inc169.65%
Range Today4.67
ADR(20)2.78
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.22
Mansfield1.75
10 Day High152.08
10 Day Low129.54
20 Day High152.08
20 Day Low125.75
52 Week High152.08
52 Week Low88.23
CS1 End134.69
CR1 StartN/A
Volume & EV
DER(3)0.73%
DER(5)1%
Volume7.08M
Volume Incr102.34%
Vol(5)6.48M
Vol(50)3.40M