| MMM latest price $169.0400 (-0.96%) ($167.2400 - $170.2000) on Fri. Jan. 22, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.31% (three month average) |
| RSI | 37 |
| Latest Price | $169.0400(-0.96%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | MMM advances 0.3% a day on average for past five trading days. |
| Weekly Trend | MMM declines -0.9% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support MMM advance at 0% a week (0% probability)
SDY(67%) DIA(61%) IVE(61%) IWD(60%) PAVE(58%) |
| Factors Impacting MMM price | MMM will decline at least -0.655% in a week (0% probabilities).
VIXM(-26%) UUP(-19%) VXX(-10%) TBT(-1%) TLT(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.655% (StdDev 1.31%) |
| Hourly BBV | -0.1 () |
| Intraday Trend | -0.7% |
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