As billions in legal costs loom, 3M (MMM, $105.08) emerges as the Dow's worst-performing stock.
As billions in legal costs loom, 3M (MMM) has emerged as the worst-performing stock on the Dow. However, technical analysis suggests that there may be a glimmer of hope for the struggling stock.
The Moving Average Convergence Divergence (MACD) for MMM turned positive on March 28, 2023. This is a bullish signal that indicates the potential for an upward trend in the stock's price.
To get a better understanding of what this means for MMM, we can look at past instances where the stock's MACD turned positive. According to historical data, the stock continued to rise in 25 of 45 cases over the following month. This means that the odds of a continued upward trend are approximately 56%.
It's important to note that while technical analysis can provide insights into the direction of a stock's price, it's not a guaranteed predictor of future performance. Other factors, such as market conditions and company-specific news, can also have a significant impact on a stock's price.
In the case of MMM, the looming legal costs are a major concern for investors. The company has already set aside billions of dollars to cover these costs, and there is a risk that they could have a significant impact on the company's financial performance.
Despite these challenges, the positive MACD signal for MMM suggests that there may be some hope for the stock in the short term. Investors should keep a close eye on the stock's performance in the coming weeks and months to see if this trend continues or if other factors come into play.
MMM in +1.57% Uptrend, rising for three consecutive days on July 17, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MMM advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 23, 2025. You may want to consider a long position or call options on MMM as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MMM just turned positive on June 24, 2025. Looking at past instances where MMM's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MMM moved out of overbought territory on July 11, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MMM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MMM broke above its upper Bollinger Band on June 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for MMM entered a downward trend on June 26, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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