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MMM Stock Tickeron detected bearish Stock Pattern: Cup-and-Handle Inverse MMM on March 27, 2025, netting in a 5.29% gain over 3 weeks

A.I.dvisor
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+5.29% Gain from a Successful pattern Cup-and-Handle Inverse
MMM - 3M Company
Tickeron
Ticker: MMM
Company: 3M
Gain from shorting: +5.29%
Confirmed: 03/27/25
Succeeded: 04/03/25
Total length: 23 days
On March 11, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for 3M Company (MMM, $147.54). 16 days later, on March 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $136.16 – resulting in a gain for traders who shorted the stock on the pattern detection date.

MMM in downward trend: 10-day moving average moved below 50-day moving average on April 03, 2025

The 10-day moving average for MMM crossed bearishly below the 50-day moving average on April 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MMM as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MMM turned negative on March 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

MMM moved below its 50-day moving average on March 27, 2025 date and that indicates a change from an upward trend to a downward trend.

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 .

The Aroon Indicator for MMM entered a downward trend on April 07, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MMM's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where MMM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MMM advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .

MMM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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General Information

an industrial conglomerate which manufactures and distributes consumer products such as papers, electronic gadgets and medical supplies

Industry

Profile
Fundamentals
Details
Industry
Industrial Conglomerates
Address
3M Center
Phone
+1 651 733-1110
Employees
85000
Web
https://www.3m.com