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Archive
- 6/5/2026 -
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3M Company (MMM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a fifth consecutive positive week for the 3M Company (MMM). During the week, the MMM climbed 0.63 points, or 0.41%, and closed at 153.76 on Friday, June 5, 2026. Weekly volume was -17% below average.
 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 (142.96) 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 March 20, 2026 at 139.34 and reached 158.14 on April 21, 2026. MMM gained -18.80 points, or -13.49%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 142.96 and resistance is at 156.28. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 below its signal line since December 19, 2025. The distance between MACD and the signal line is low and 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 May 4, 2026 at 141.39 and reached 156.69 on May 27, 2026. MMM gained -15.30 points, or -10.82%, in 23 days. The price is now at the 19.15% retracement level.
Daily Technical Indicators: [See MMM daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 daily MACD line is above its signal line since May 12, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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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