3M CO (MMM)

US88579Y1010 - Common Stock

92.27  +0.79 (+0.86%)

After market: 92.12 -0.15 (-0.16%)

Technical Rating and Analysis

0

Taking everything into account, MMM scores 0 out of 10 in our technical rating. MMM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
79% of all other stocks performed better in the past year than MMM.
MMM is one of the lesser performing stocks in the Industrial Conglomerates industry. 66% of 10 stocks in the same industry do better.
MMM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MMM is lagging the market.
MMM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MMM has an average volume of 5313240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MMM Weekly chart
MMM Daily chart
Setup Rating and Analysis

7

MMM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 91.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MMM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

90.12

113.77

We found 1 important support area.

  • A support zone ranging from 91.03 to 91.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

5 important resistance areas can be observed.

  • A resistance zone ranging from 92.28 to 92.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 93.86 to 96.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @104.61 from a trend line in the weekly time frame.
  • Resistance @107.89 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 111.88 to 112.64. 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
CRS21.27
Mansfield-1.44
10 Day High93.56
10 Day Low90.17
20 Day High108.12
20 Day Low88.23
52 Week High113.14
52 Week Low85.35
Performance
1 Week1.05%
2 Weeks1.36%
1 Month-14.46%
3 Month-14.37%
6 Month6.61%
12 Month-11.69%
2 Year-36.02%
3 Year-53.2%
5 Year-51.31%
10 Year-33.66%
15 Year60.19%
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)-0.33
RSI(14)41.84
LBB90.15
UBB93.61
MMM Daily chart

3M CO

NYSE:MMM (4/19/2024, 7:04:19 PM)

After market: 92.12 -0.15 (-0.16%)

92.27

+0.79 (+0.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.86%
1 Week1.05%
2 Weeks1.36%
1 Month-14.46%
3 Month-14.37%
6 Month6.61%
12 Month-11.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.02
ATR(20)%3.02%
ATR Inc
Range Today1.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High93.56
10 Day Low90.17
20 Day High108.12
20 Day Low88.23
52 Week High113.14
52 Week Low85.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.59M
Volume Incr-48.96%
Vol(5)3.36M
Vol(50)5.31M