Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
3M's stock rose 0.83% in the last session amid positive signals from the RSI, while recouping some past losses amid negative pressure from the 50-day SMA and with the dominance of the downward long-term trend.
Therefore we expect the stock to return lower, targeting the first support at 159.25.
Expected trend for today: Bearish