3M Company (NYSE: MMM)
CONGLOMERATES - Conglomerates
Industrials
Stock price data as of
Closing price: $168.56
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Support level$157.15
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Resistance level$176.96
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Beta0.7
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RSI (14-day)16.6
- Volatility is forecast to fall over the next month.
- MMM is above its 200-day moving average, providing a measure of support for long positions.
- With RSI < 30, MMM is oversold. Odds slightly favor a short-term price reversal.
- Price crossed below 50-day moving average this week - a bearish signal.
| 52-week low | 52-week high | Price as % of range |
|---|---|---|
| $141.20 | $183.78 | 67.2% |
| 200 day | 50 day | 20 day | 10 day |
|---|---|---|---|
| $160.88 | $171.61 | $177.62 | $173.92 |
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 week8.3%
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In the next month16.3%
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In the next year51.4%
| Period | Value |
|---|---|
| Historical (5 year) | 28.1% |
| Last month | 25.3% |
| Current estimate | 30.4% |
| Next month forecast | 28.8% |