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3M Co Crosses Above its 10-day MA (MMM)

By James Quinn

Today, shares of 3M Co (NYSE:MMM) have crossed bullishly above their 10-day moving average of $161.83 on a volume of 203K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

3M Co share prices have moved between a 52-week high of $219.75 and a 52-week low of $155.63 and are now trading 4% above that low price at $162.53 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for 3M Co and will alert subscribers who have MMM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses 3m co

Ticker(s): MMM