|
|
Archive - 8/28/2026 - Sign In to see current Signals. |
3M Company (MMM) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the 3M Company (MMM). During the week, the MMM dropped -4.62 points, or -2.58%, and closed at 174.34 on Friday, August 28, 2026. It was the worst weekly loss since April 24, 2026. Weekly volume was -33% 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 184.90 on July 28, 2026. MMM gained -99.55 points, or -116.64%, in 144 weeks. The price is now at the 10.61% 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 184.90 on July 28, 2026. MMM gained -45.56 points, or -32.70%, in 18 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See MMM weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 weekly MACD line is above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 August 13, 2026 at 184.69 and reached 173.57 on August 28, 2026. MMM lost 11.12 points, or 6.02%, in 15 days. The price is now at the 6.92% retracement level.
Daily Technical Indicators: [See MMM daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since August 13, 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 distance between the Bollinger Bands is falling, and it was 5.19% on Friday. It is 50.41% lower than one year average. It indicates the period of low volatility of the stock price. 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.
| |
|
|