Trading Signals: MMM Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MMM)
| MMM latest price $122.7849 (-0.94%) ($122.6792 - $123.7899) on Tue. May. 6, 2014. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 0.86% (three month average) | | RSI | 71 | | Latest Price | $122.7849(-0.94%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | MMM advances 0.3% a day on average for past five trading days. | | Weekly Trend | MMM advances 1.1% a week on average for past two weeks. | | Market Behavior | Normal for large cap. Normal for small cap. | | Correlated ETFs | Broad market will support MMM advance at 0% a week (0% probability)
XHB(51%) XLI(25%) VT(22%) XLB(22%) XLY(21%) | | Factors Impacting MMM price | MMM will decline at least -0.43% in a week (0% probabilities).
UUP(-7%) SHY(-7%) TLT(-5%) TIP(-3%) EMHY(-2%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -0.43% (StdDev 0.86%) | | Hourly BBV | 0 () | | Intraday Trend | -0.7% | | | | | |
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| 5 Day Moving Average | $123.4(-0.5%) | | 10 Day Moving Average | $122.24(0.45%) | | 20 Day Moving Average | $120.97(1.5%) | | To recent high | -1.1% | | To recent low | 7.3% | | Market Cap | $70.726b | | | | | | |
3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following five segments: Industrial, Safety & Graphics, Health Care, Electronics & Energy, and Consumer. The Industrial segment provides products, including tapes, abrasives, adhesives, ceramics, sealants, closure systems for personal hygiene products, acoustic systems products, specialty materials and filtration systems. The Safety & Graphics segment offers personal protection products, ransportation safety products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules, all protection products, self-contained breathing apparatus systems, and gas and flame detection instruments. The Health Care segment supplies medical and surgical equipment, skin health & infection prevention products, drug delivery systems, dental & orthodontic products, health information systems and food safety products. The Electronics & Energy segment involves in the optical films solutions for electronic displays, packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The Consumer segment products includes sponges, scouring pads, high-performance cloths, consumer and office tapes, repositionable notes, indexing systems, home improvement products, home care products, protective material products, and consumer & office tapes, as well as adhesives. The company was founded by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle and J. Danley Budd in 1902 and is headquartered in St. Paul, MN. |