3M Shares Display Bullish Technical Signals
The 3M Company (NYSE: MMM) is an American multinational conglomerate operating in various fields, including industry, worker safety, and consumer goods. Based in Maplewood, Minnesota, the company produces over 60,000 products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, and more.
According to technical analysis, the last price of MMM is above its short and medium moving averages. The Relative Strength Index (RSI) is at 78.0, and the Moving Average Convergence Divergence (MACD) is positive, indicating an uptrend in the stock's performance.
The company has a market capitalization of $81.73 billion and employs approximately 85,000 people worldwide. Its CEO, William M. Brown, leads the organization as a Delaware corporation established in 1902.