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 over the full backtest, with costs, and checked out-of-sample.
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.
CCI (200)
On the weekly chart, this is the strongest risk-adjusted edge we found for 3M (MMM) over ~65.0 years — trailing buy-and-hold by 1.4% 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.
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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 | CCI (200) ✓ | Weekly | 7.8% | 0.49 | -38.6% | 63.2% | 19 | -1.4% |
| 2 | SMA 20/50 Cross ✓ | Weekly | 7.3% | 0.48 | -41.3% | 66.7% | 30 | -1.9% |
| 3 | SMA 20/80 Cross ✓ | Weekly | 7.3% | 0.48 | -35.0% | 72.7% | 22 | -1.9% |
| 4 | McGinley 200 Trend ✓ | Daily | 8.3% | 0.47 | -59.1% | 23.7% | 59 | -0.9% |
| 5 | Trend Intensity Index ✓ | Weekly | 7.2% | 0.47 | -34.4% | 78.9% | 19 | -2.0% |
| 6 | Intraday Momentum Index ✓ | Daily | 6.4% | 0.46 | -45.0% | 74.9% | 191 | -2.9% |
| 7 | McGinley 10/30 Cross ✓ | Weekly | 7.4% | 0.46 | -47.3% | 41.2% | 17 | -1.8% |
| 8 | SMA 200 Trend ✓ | Weekly | 7.0% | 0.46 | -43.5% | 68.4% | 38 | -2.2% |
| 9 | EMA 20/80 Cross ✓ | Weekly | 7.1% | 0.46 | -39.2% | 50.0% | 20 | -2.1% |
| 10 | SMA 15/60 Cross ✓ | Weekly | 7.0% | 0.46 | -44.3% | 69.0% | 29 | -2.2% |
| 11 | Momentum (50) ✓ | Weekly | 6.8% | 0.46 | -42.1% | 53.1% | 98 | -2.4% |
| 12 | Stochastic Momentum Index ✓ | Daily | 5.2% | 0.45 | -35.1% | 71.6% | 282 | -4.1% |
| 13 | SMC: Liquidity Sweep ✓ | Daily | 6.2% | 0.45 | -37.9% | 71.1% | 225 | -3.0% |
| 14 | EMA 200 Trend ✓ | Weekly | 7.0% | 0.45 | -49.2% | 45.9% | 37 | -2.2% |
✓ = 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), CCI (200) 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.
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