3M CO (1MMM.MI) Stock Technical Analysis
BIT:1MMM - Euronext Milan - US88579Y1010 - Common Stock - Currency: EUR
Taking everything into account, 1MMM scores 4 out of 10 in our technical rating. 1MMM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
1MMM has an average technical rating and it also 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
114.54
2 important support areas can be observed.
- Support @118.40 from a horizontal line in the weekly time frame.
- Support @115.70 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MMM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1MMM.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1MMM.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 1MMM.MI is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 52.53 | NEUTRAL | The RSI value for 1MMM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.86 | NEGATIVE | The MACD value suggests 1MMM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.76 | NEUTRAL | The Stochastics value for 1MMM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for 1MMM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 37.32 | POSITIVE | The high ADX value value for 1MMM.MI suggests a strong trend. |
BIT:1MMM (7/3/2025, 7:00:00 PM)
129.66
+8.68 (+7.17%)