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Archive - 3/21/2025 - Sign In to see current Signals. |
3M Company (MMM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | During the week, the MMM has not change and closed at 150.40 on Friday, March 21, 2025. Weekly volume was -12% below average.
Long-term trend: [See MMM long-term trend chart] A long-term downtrend had started on January 26, 2018 at 259.77 and reached 85.35 on October 23, 2023. MMM lost 174.42 points, or 67.14%, in 299 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (149.21). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See MMM medium-term trend chart] A medium-term uptrend had started on October 25, 2024 at 124.50 and reached 156.40 on March 3, 2025. MMM gained -31.90 points, or -25.62%, in 18 weeks. The price is now at the 18.81% retracement level.
Weekly Technical Indicators: [See MMM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since January 17, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See MMM short-term trend chart] A short-term uptrend had started on March 7, 2025 at 140.80 and reached 154.00 on March 17, 2025. MMM gained -13.20 points, or -9.38%, in 10 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (153.55) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See MMM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Industrials |
3 |
Industry |
Industrial Conglomerates |
102 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
154.00 |
High Date |
03/17/2025 |
Low |
148.10 |
Low Date |
03/21/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Broken Support |
Resistance |
157.73 |
Support |
153.55 |
Low |
140.80 |
Low Date |
03/07/2025 |
High |
154.00 |
High Date |
03/17/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
124.50 |
Low Date |
10/25/2024 |
High |
156.40 |
High Date |
03/03/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
85.35 |
Low Date |
10/23/2023 |
High |
156.40 |
High Date |
03/03/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Test Resistance |
Resistance |
149.21 |
Support |
74.13 |
High |
259.77 |
High Date |
01/26/2018 |
Low |
85.35 |
Low Date |
10/23/2023 |
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