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 inched 0.03% in the last session while hurt by piercing the upside trend line recently, with negative pressure from the 50-day SMA, as the stock recoups some recent losses and vents off oversold saturation from the RSI.
Therefore we expect the stock to return lower, targeting the support of 156.25.
Expected trend for today: Bearish