The best indicator for 3M (MMM)
We backtested 382 indicators across daily, weekly and hourly charts on real 3M (MMM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where 3M (MMM) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
SMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for 3M (MMM) over ~64.7 years — trailing buy-and-hold by 1.7% CAGR.
3M (MMM) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for 3M (MMM) — trailing buy-and-hold by 4.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | SMA 20/50 Cross ✓ | Weekly | 7.4% | 0.49 | -41.8% | 69.0% | 29 | -1.7% |
| 2 | CCI (200) ✓ | Weekly | 7.7% | 0.49 | -38.6% | 63.2% | 19 | -1.4% |
| 3 | McGinley 200 Trend ✓ | Daily | 8.2% | 0.47 | -59.1% | 23.7% | 59 | -0.9% |
| 4 | Trend Intensity Index ✓ | Weekly | 7.1% | 0.47 | -34.4% | 78.9% | 19 | -2.0% |
| 5 | SMA 15/60 Cross ✓ | Weekly | 7.2% | 0.47 | -44.3% | 71.4% | 28 | -1.9% |
| 6 | SMA 20/80 Cross ✓ | Weekly | 7.2% | 0.47 | -35.0% | 72.7% | 22 | -1.9% |
| 7 | Intraday Momentum Index ✓ | Daily | 6.3% | 0.46 | -45.0% | 74.7% | 190 | -2.8% |
| 8 | Momentum (50) ✓ | Weekly | 6.8% | 0.46 | -42.2% | 51.6% | 95 | -2.3% |
| 9 | McGinley 10/30 Cross ✓ | Weekly | 7.3% | 0.45 | -47.3% | 41.2% | 17 | -1.8% |
| 10 | SMA 200 Trend ✓ | Weekly | 6.9% | 0.45 | -44.8% | 69.2% | 39 | -2.3% |
| 11 | EMA 15/60 Cross ✓ | Weekly | 6.8% | 0.45 | -41.0% | 53.6% | 28 | -2.4% |
| 12 | EMA 20/80 Cross ✓ | Weekly | 7.0% | 0.45 | -40.0% | 50.0% | 20 | -2.1% |
| 13 | SMC: Liquidity Sweep ✓ | Daily | 6.4% | 0.45 | -39.7% | 71.0% | 224 | -2.8% |
| 14 | SMC: Change of Character ✓ | Weekly | 6.6% | 0.45 | -40.1% | 77.4% | 31 | -2.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on 3M (MMM)
13 of 721 tested setups beat buy-and-hold on 3M (MMM) outright. Another 163 could get there with leverage they would survive — but 289 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| SMA 200 Trend | 1 | 1.34× | 3.11× |
| SMA 50/200 Cross | 1 | none needed | 1.96× |
| EMA 8/21 Cross | 1 | none needed | 2.29× |
| Ichimoku Cloud | 1 | none needed | 2.35× |
| Volume Flow Indicator | 1 | none needed | 2.32× |
| EMA 9/26 Cross | 1 | none needed | 1.88× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For 3M (MMM), SMA 20/50 Cross on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get alerted when 3M’s signal flips
We track 3M daily. Its backtested best indicator, SMA 20/50 Cross (Weekly), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.