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Archive
- 4/17/2026 -
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3M Company (MMM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a fourth positive week after 6 consecutive negative weeks for the 3M Company (MMM). During the week, the MMM gained 4.23 points, or 2.81%, and closed at 154.55 on Friday, April 17, 2026. Weekly volume was -13% below average.
 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 uptrend had started on March 20, 2026 at 139.34 and reached 156.38 on April 17, 2026. MMM gained -17.04 points, or -12.23%, in 4 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 151.07 and resistance is at 155.31. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MMM weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help.
The weekly MACD line is below its signal line since December 19, 2025. The distance between MACD and the signal line is relatively high, but getting smaller. 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 April 15, 2026 at 150.09 and reached 156.38 on April 17, 2026. MMM gained -6.29 points, or -4.19%, in 2 days. The price is now at the 29.09% retracement level.
 Daily Technical Indicators: [See MMM daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is above its signal line since March 30, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.
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