3M Company (NYSE: MMM)

CONGLOMERATES - Conglomerates

Industrials

Stock price data as of

Closing price: $166.50
  • Support level
    $160.69
  • Resistance level
    N/A
  • Beta
    1.3
  • RSI (14-day)
    73.0
  • 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.
  • 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
$125.53 $171.60 90.3%

Moving averages

200 day 50 day 20 day 10 day
$150.06 $157.22 $159.58 $166.16

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
    6.9%
  • In the next month
    15.0%
  • In the next year
    56.6%

Volatility estimates (annualized standard deviations)

Period Value
Historical (5 year) 27.4%
Last month 25.5%
Current estimate 25.6%
Next month forecast 26.5%