3M CO (MMM)
US88579Y1010 - Common Stock
Overall MMM gets a technical rating of 0 out of 10. MMM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MMM is a bad performer in the overall market: 76% of all stocks are doing 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 5289470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MMM is part of the Industrial Conglomerates industry. There are 10 other stocks in this industry, MMM did better than 44% of them.
Although the technical rating is bad, MMM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 91.92, a Stop Loss order could be placed below this zone.
More info and screens
90.25
113.77
When analyzing the support we notice one important area.
- A support zone ranging from 91.16 to 91.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 92.27 to 93.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @104.07 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.22
Mansfield-1.59
10 Day High94.04
10 Day Low90.17
20 Day High106.26
20 Day Low88.23
52 Week High113.14
52 Week Low85.35
Performance
1 Week1.17%
2 Weeks-0.66%
1 Month-10.34%
3 Month-4.14%
6 Month5.14%
12 Month-13.37%
2 Year-36.19%
3 Year-53.32%
5 Year-51.44%
10 Year-33.84%
15 Year59.76%
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)0.05
RSI(14)41.65
LBB90.47
UBB93.45
3M CO
NYSE:MMM (4/24/2024, 7:17:02 PM)
After market: 92.1 +0.08 (+0.09%)92.02
-0.98 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-1.05%
1 Week1.17%
2 Weeks-0.66%
1 Month-10.34%
3 Month-4.14%
6 Month5.14%
12 Month-13.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.59
ATR(20)%2.94%
ATR Inc
Range Today1.81
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 High94.04
10 Day Low90.17
20 Day High106.26
20 Day Low88.23
52 Week High113.14
52 Week Low85.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.81M
Volume Incr-33.56%
Vol(5)3.44M
Vol(50)5.29M