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Archive - 7/10/2026 - 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.
| | It was the negative week for the 3M Company (MMM). During the week, the MMM dropped -2.92 points, or -1.82%, and closed at 157.52 on Friday, July 10, 2026. Weekly volume was -32% below average. 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 price is now at the 47.75% retracement 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 169.76 on June 25, 2026. MMM gained -30.42 points, or -21.83%, in 13 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 144.53 and resistance is at 172.34. 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 153.56 on July 8, 2026. MMM lost 16.20 points, or 9.54%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See MMM daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since June 30, 2026. This is an indication that the short-term trend is down. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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