3M COMPANY

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MMM
ISIN:

3M COMPANY - Daily - Technical analysis published on 11/26/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above

My targets

()

My analysis

The bullish trend is currently very strong on 3M COMPANY. As long as the price remains above the support at , you could try to benefit from the boom. The first bullish objective is located at . The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by robby1966. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The 3M COMPANY price is 132.91 USD. On the day, this instrument gained +1.99% with the lowest point at 129.65 USD and the highest point at 132.97 USD. The deviation from the price is +2.51% for the low point and -0.05% for the high point.

129.65

132.97

132.91

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by 3M COMPANY:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this 3M COMPANY chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	95.03	103.57	123.96	132.91	139.17
Change (%)	-28.50%	-22.08%	-6.73%	-	+4.71%
Change	-37.88	-29.34	-8.95	-	+6.26
Level	Intermediate	Intermediate	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.33	126.44	128.38	129.49	131.43	132.54	134.48
Camarilla	129.48	129.76	130.04	130.32	130.60	130.88	131.16
Woodie	125.75	126.65	128.80	129.70	131.85	132.75	134.90
Fibonacci	126.44	127.61	128.33	129.49	130.66	131.38	132.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	122.31	124.31	126.37	128.37	130.43	132.43	134.49
Camarilla	127.30	127.68	128.05	128.42	128.79	129.16	129.54
Woodie	122.33	124.33	126.39	128.39	130.45	132.45	134.51
Fibonacci	124.31	125.86	126.82	128.37	129.92	130.88	132.43

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	104.14	113.99	120.89	130.74	137.64	147.49	154.39
Camarilla	123.18	124.72	126.26	127.79	129.33	130.86	132.40
Woodie	102.67	113.25	119.42	130.00	136.17	146.75	152.92
Fibonacci	113.99	120.39	124.34	130.74	137.14	141.09	147.49

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.47
MACD (12,26,9):	-0.3100
Directional Movement:	0.36
AROON (14):	-57.14
DEMA (21):	129.37
Parabolic SAR (0,02-0,02-0,2):	132.86
Elder Ray (13):	1.02
Super Trend (3,10):	134.30
Zig ZAG (10):	131.77
VORTEX (21):	0.9800
Stochastique (14,3,5):	51.29
TEMA (21):	129.30
Williams %R (14):	-35.36
Chande Momentum Oscillator (20):	-1.94
Repulse (5,40,3):	3.2300
ROCnROLL:	1
TRIX (15,9):	-0.0600
Courbe Coppock:	0.68

MA7:	129.13
MA20:	129.48
MA50:	131.85
MA100:	126.42
MAexp7:	129.78
MAexp20:	129.89
MAexp50:	129.52
MAexp100:	123.83
Price / MA7:	+2.93%
Price / MA20:	+2.65%
Price / MA50:	+0.80%
Price / MA100:	+5.13%
Price / MAexp7:	+2.41%
Price / MAexp20:	+2.33%
Price / MAexp50:	+2.62%
Price / MAexp100:	+7.33%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on 3M COMPANY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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