3M Company (NYSE: MMM)
CONGLOMERATES - Conglomerates
Industrials
Stock price data as of
Closing price: $167.58
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Support level$163.12
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Resistance levelN/A
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Beta1.2
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RSI (14-day)48.5
- 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.
- MMM is one of this month's top performers with a return of 9.8 percent, beating 90 percent of stocks in the S&P-100.
- Volatility is forecast to fall over the next month.
- Price broke above prior resistance level - a short-term bullish signal.
| 52-week low | 52-week high | Price as % of range |
|---|---|---|
| $125.53 | $171.60 | 92.4% |
| 200 day | 50 day | 20 day | 10 day |
|---|---|---|---|
| $150.94 | $159.29 | $166.15 | $166.14 |
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 week6.8%
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In the next month15.2%
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In the next year57.1%
| Period | Value |
|---|---|
| Historical (5 year) | 27.3% |
| Last month | 28.3% |
| Current estimate | 25.0% |
| Next month forecast | 26.8% |