Stock Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MMM
The long term trend has been DOWN since Oct 23rd, 2018 at 190.57
The intermediate term trend has been UP since Nov 8th, 2018 at 203.77
The short term trend has been DOWN since Nov 14th, 2018 at 196.50
Smart Scan Analysis for MMM
Based on a pre-defined weighted trend formula for chart analysis, MMM scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||259.77||Year High Date||2018-01-26|
|Year Low||181.98||Year Low Date||2018-10-26|
|52wk High||259.77||52wk High Date||2018-01-26|
|52wk Low||181.98||52wk Low Date||2018-10-26|
|Year End Close||92.85||Average Volume||3,100,665|
|Shares Outstanding||691,931||Short Interest||9,961,687|