|
|
Archive - 3/6/2026 - Sign In to see current Signals. |
3M Company (MMM) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the 3M Company (MMM). During the week, the MMM dropped -11.91 points, or -7.20%, and closed at 153.41 on Friday, March 6, 2026. Weekly volume was 23% above average. MMM is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See MMM long-term trend chart] A long-term uptrend had started on October 23, 2023 at 85.35 and reached 177.41 on February 12, 2026. MMM gained -92.06 points, or -107.86%, in 120 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See MMM medium-term trend chart] A medium-term downtrend had started on February 12, 2026 at 177.41 and reached 151.76 on March 6, 2026. MMM lost 25.65 points, or 14.46%, in 3 weeks. The price is now at the 6.43% retracement level.
Weekly Technical Indicators: [See MMM weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since December 19, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See MMM short-term trend chart] A short-term downtrend had started on February 20, 2026 at 169.37 and reached 151.76 on March 6, 2026. MMM lost 17.61 points, or 10.40%, in 14 days. The price is now at the 9.37% retracement level.
Daily Technical Indicators: [See MMM daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since February 20, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|