3M Company (NYSE: MMM)
CONGLOMERATES - Conglomerates
Industrials
Stock price data as of
Closing price: $157.56
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Support level$151.87
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Resistance levelN/A
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Beta0.8
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RSI (14-day)74.9
- MMM is at or near its 52-week high. Studies have found that such stocks have an increased probability of outperforming the market over the next year.
- With a 51.4 percent return in the past year, this stock outperformed 90 percent of stocks in the S&P-100.
- Volatility is forecast to fall over the next month.
- With RSI > 70, MMM is overbought. Odds slightly favor a short-term price reversal.
- Price broke above prior resistance level - a short-term bullish signal.
52-week low | 52-week high | Price as % of range |
---|---|---|
$103.25 | $157.91 | 99.5% |
200 day | 50 day | 20 day | 10 day |
---|---|---|---|
$140.96 | $148.83 | $151.82 | $155.37 |
Value at risk (VaR)
There is an estimated 5% probability that the stock price will fall by more than VaR in time period.
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In the next week7.1%
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In the next month15.3%
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In the next year64.9%
Period | Value |
---|---|
Historical (5 year) | 27.5% |
Last month | 29.0% |
Current estimate | 26.0% |
Next month forecast | 27.0% |