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Archive
- 7/2/2026 -
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3M Company (MMM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the 3M Company (MMM). During the week, the MMM dropped -3.57 points, or -2.18%, and closed at 160.44 on Thursday, July 2, 2026. It was the worst weekly loss since April 24, 2026. MMM was trading at average weekly trading volume.
MMM is a member of Industrials Sector. Industrials is the 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 downtrend had started on February 12, 2026 at 177.41 and reached 139.34 on March 20, 2026. MMM lost 38.07 points, or 21.46%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (144.19) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.
 Medium-term trend: [See MMM medium-term trend chart]
A medium-term uptrend had started on May 4, 2026 at 141.39 and reached 169.76 on June 25, 2026. MMM gained -28.37 points, or -20.07%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 156.51 and resistance is at 173.03. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MMM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. 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 June 25, 2026 at 169.76 and reached 159.22 on July 1, 2026. MMM lost 10.54 points, or 6.21%, in 6 days. The price is now at the 11.57% retracement level.
Daily Technical Indicators: [See MMM daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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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