US stock / ETF

3M Company

MMM · NYSE · USD

4 hoursBearish74%
4h Downside probability 74%Bearish

MMM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $166.2 and stabilize above resistance $174.79.

Invalidation Trigger

Break above $174.79 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 39.6, MACD 0.211

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.39 (0.84%)

4h

EMA Structure

Bearish
EMA 8$164.36Bullish
EMA 21$166.2Bearish
EMA 50$170.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.6 · MACD 0.211

Momentum is weak

Strength
Range
Volatility
ATR $1.39 · BB 5.24%

Low volatility

Strength
Bullish
Volume
MFI 42.4 · OBV 11.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$161.38 - $174.79

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.8% · 8.0 ATR above latest close

$176.18
Nearest resistance

+5.95% · 7.0 ATR above · 34-bar high

$174.79
Current price

Price shown is delayed

$164.97
Nearest support

-2.18% · 2.6 ATR below · 34-bar low

$161.38
Deeper support zone

-3.02% · 3.6 ATR below latest close

$159.99
ATR zone

Latest close ± ATR14

$163.58 - $166.36

Indicators

Trend

Dow Theory Structure

Confirmation $161.38, invalidation $169.27

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

77.8 / 12.8 / 46.0Bearish
Supertrend (10,3)

Price is above Supertrend

$160.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$165.19 / $171.02Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bearish

Volatility

ATR (14)

Low volatility

$1.39 (0.84%)Bullish
Bollinger Bands (20,2)

Width 5.24%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$168.74 / $163.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$163.58 / $166.36Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$174.79Range
Support

Nearest Downside Decision Level

$161.38Range

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is positive

0.211Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.0 / 42.3Bullish
Williams %R (14)

Neutral zone

-50.0Range
CCI (20)

Balanced zone

-41.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.4Bearish
OBV slope

20-period OBV slope

11.21%Bullish
Volume ratio

Relative to 20-period average volume

2.39xBullish

Trend

Dow Theory Structure

Confirmation $161.38, invalidation $169.27

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

77.8 / 12.8 / 46.0Bearish
Supertrend (10,3)

Price is above Supertrend

$160.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$165.19 / $171.02Bearish
Donchian Channel (20)

20-period breakout channel position

46%Bearish

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is positive

0.211Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.0 / 42.3Bullish
Williams %R (14)

Neutral zone

-50.0Range
CCI (20)

Balanced zone

-41.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.39 (0.84%)Bullish
Bollinger Bands (20,2)

Width 5.24%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$168.74 / $163.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$163.58 / $166.36Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.4Bearish
OBV slope

20-period OBV slope

11.21%Bullish
Volume ratio

Relative to 20-period average volume

2.39xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$174.79Range
Support

Nearest Downside Decision Level

$161.38Range

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