3M Company (NYSE: MMM)

CONGLOMERATES - Conglomerates

Industrials

Stock price data as of

Closing price: $157.56
  • Support level
    $151.87
  • Resistance level
    N/A
  • Beta
    0.8
  • 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 range

52-week low 52-week high Price as % of range
$103.25 $157.91 99.5%

Moving averages

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.

  • In the next week
    7.1%
  • In the next month
    15.3%
  • In the next year
    64.9%

Volatility estimates (annualized standard deviations)

Period Value
Historical (5 year) 27.5%
Last month 29.0%
Current estimate 26.0%
Next month forecast 27.0%