|
|
Archive
- 6/18/2026 -
Sign In to see current Signals. |
3M Company (MMM) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a seventh consecutive positive week for the 3M Company (MMM). During the week, the MMM gained 2.28 points, or 1.44%, and closed at 160.60 on Thursday, June 18, 2026. Weekly volume was 33% above 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 chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (143.58) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MMM may retest the broken resistance line. It is considered to be a support line now. 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 164.30 on June 17, 2026. MMM gained -24.96 points, or -17.91%, in 12 weeks. The price is now at the 14.82% retracement level.
 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 uptrend had started on May 4, 2026 at 141.39 and reached 164.30 on June 17, 2026. MMM gained -22.91 points, or -16.20%, in 44 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 153.13 and resistance is at 166.26. 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 short-term trend.
 Daily Technical Indicators: [See MMM daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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. 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 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.
| |
|
|