3M's most recent trend suggests a bullish bias. One trading opportunity on 3M is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 12.11% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $8.92 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for 3M is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for 3M is bullish.
The RSI indicator is at 45.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for 3M
3M Announces Upcoming Investor Events
Tue, 14 Jul 2015 14:53:05 GMT
noodls – Dateline: ST. PAUL, Minn.–(BUSINESS WIRE)–3M (NYSE: MMM) today announced the following investor events: Second-quarter 2015 earnings conference call on Thursday, July 23, 2015, at 8 a.m. CDT. The live …
3M Announces Upcoming Investor Events
Tue, 14 Jul 2015 14:28:00 GMT
Business Wire – 3M today announced the following investor events:
State of Minnesota Selects 3M Data Analytics to Drive Health Care Improvement
Thu, 09 Jul 2015 14:29:09 GMT
noodls – ‘Minnesota's participation in the SIM program is the latest example of the state's pioneering efforts to transform health care' SALT LAKE CITY–(BUSINESS WIRE)–A national leader in healthcare delivery …
State of Minnesota Selects 3M Data Analytics to Drive Health Care Improvement
Thu, 09 Jul 2015 14:18:00 GMT
Business Wire – A national leader in healthcare delivery innovation and population health, the State of Minnesota will use data analytics from 3M to help improve the quality and value of the care provided to Minnesota citizens served by public health care.
Nexcare Sensitive Skin Products Offer Options for Americans with Skin Sensitivity
Thu, 09 Jul 2015 13:35:00 GMT
Business Wire – Over 70% of Americans report being bothered by skin sensitivity, according to new research1 by Nexcare Brand. Today, Nexcare Brand from 3M announces the Nexcare Sensitive Skin collection, a new line of first aid products specially formulated for sensitive or fragile skin.
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