MMM technical analysis

MMM Technical Analysis

Analysis date

August 4, 2026

Market

NYSE (USD)

Daily cutoff

August 3, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

MMM Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
MMM
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 3, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series177.23August 3, 2026 (regular-market close)-Verified
Verification series177.23August 3, 20260.00%Verified

Bottom line

MMM Technical Analysis Summary

MMM has a bullish daily structure and constructive weekly momentum at the August 3, 2026 cutoff. The daily close of 177.23 is above SMA20 at 166.65, SMA50 at 161.27, and SMA200 at 158.22. Daily RSI14 at 65.86 and a positive MACD histogram at 1.00 confirm upside momentum without an overbought reading above 70. The completed weekly bar also closed above all three weekly averages, although SMA20 remains below SMA50. Resistance is the 184.90 20-day and 60-day high. Initial support is SMA20 at 166.65, followed by the 153.56 20-day low. A close above 184.90 would confirm a breakout, while a sustained move below 166.65 would weaken the current trend.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 3, 2026)

Trend
Bullish. The August 3 close at 177.23 is above SMA20 (166.65), SMA50 (161.27), and SMA200 (158.22). The averages are in bullish order, with SMA20 above SMA50 and SMA50 above SMA200.
Momentum
Bullish. RSI14 at 65.86 is above the neutral midpoint but below the 70 overbought threshold. MACD is 5.28 versus a 4.28 signal, leaving a positive 1.00 histogram.
Volatility
Moderate to elevated. ATR14 is 4.66, or 2.63% of price. Bollinger Bands span 148.44 to 184.87, with the close in the upper part of the range after the recent advance.
Volume
Below average. August 3 volume was 2,749,528 shares, or 71.59% of the 20-session average of 3,840,526.

Assessment

The daily timeframe is bullish, with price above all major averages and positive RSI and MACD readings. The 184.90 high is the next confirmation level. Below-average volume reduces the strength of the latest advance, and a close below SMA20 at 166.65 would weaken the setup.

Weekly (July 27, 2026 week)

Trend
Constructive with mixed moving-average order. The completed weekly close at 176.28 is above SMA20 (153.69), SMA50 (157.58), and SMA200 (116.53). SMA20 remains below SMA50, so the averages are not yet in full bullish alignment.
Momentum
Bullish. Weekly RSI14 is 66.25, below the 70 overbought threshold. MACD is 3.64 versus a 1.01 signal, with a positive 2.62 histogram.
Volatility
Elevated. ATR14 is 9.16, or 5.20% of the weekly close. The 176.28 close is above the 173.54 upper Bollinger Band, showing a strong but extended weekly move.
Volume
Above average. Weekly volume was 20,638,500 shares, or 112.01% of the 20-week average of 18,425,930.

Assessment

The weekly timeframe is constructive because price is above every major average and momentum is positive. A close above the 184.90 weekly high would confirm continuation. The close above the upper Bollinger Band also raises the risk of consolidation or a pullback toward the moving averages.

Key indicators

MMM Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)65.8666.25
MACD (12, 26, 9)5.28 / 4.28 / 1.003.64 / 1.01 / 2.62
ATR (14)4.66 (2.63%)9.16 (5.20%)
Bollinger Bands (20, 2)148.44 - 184.87133.84 - 173.54
SMA (20)166.65153.69
SMA (50)161.27157.58
SMA (200)158.22116.53

Price structure

MMM Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price177.23176.28
1-Period Return+0.54%+2.12%
5-Period Return-0.56%+7.48%
20-Period Return+11.36%+17.38%
60-Period Return+21.57%+23.42%
252-Period Return+20.99%+41.55%
52-Week Low138.62138.62
52-Week High184.90184.90
52-Week Position83.43%81.37%

Key levels

MMM Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High184.90184.90
20-Period Low153.56138.62
60-Period High184.90184.90
60-Period Low141.29138.62

Scenarios

MMM Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above 184.90 with volume above the 20-session average.

Invalidation

Price closes back below SMA20 at 166.65.

What to watch

RSI holding below extreme levels while the MACD histogram remains positive.

Range-Bound

Trigger

Price consolidates between SMA20 at 166.65 and the 184.90 high.

Invalidation

A decisive break of either boundary with increasing volume.

What to watch

RSI cooling toward 50 to 60 while price holds above SMA20.

Bearish

Trigger

Price closes below SMA20 at 166.65 and then breaks the 153.56 20-day low.

Invalidation

Price reclaims 166.65 and holds above it.

What to watch

A negative MACD histogram and rising downside volume toward SMA50 at 161.27.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.