The best indicator for 3M (MMM)
We backtested 20 indicators across daily, weekly and hourly charts on real 3M (MMM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for 3M (MMM) over ~64.3 years — trailing buy-and-hold by 3.2% CAGR.
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 | Money Flow Index ✓ | Daily | 5.9% | 0.44 | -47.9% | 78.1% | 64 | -3.2% |
| 2 | SMA 50/200 Cross ✓ | Daily | 6.3% | 0.43 | -51.1% | 51.2% | 41 | -2.8% |
| 3 | EMA 20/50 Cross ✓ | Weekly | 6.4% | 0.43 | -44.2% | 60.7% | 28 | -2.7% |
| 4 | CCI ✓ | Daily | 5.4% | 0.42 | -44.9% | 73.7% | 323 | -3.8% |
| 5 | WaveTrend (8/6/4) ✓ | Daily | 5.3% | 0.39 | -45.3% | 72.1% | 244 | -3.8% |
| 6 | Stochastic ✓ | Daily | 4.7% | 0.38 | -43.3% | 68.0% | 341 | -4.4% |
| 7 | EMA 50/200 Cross ✓ | Daily | 5.2% | 0.37 | -49.7% | 39.5% | 43 | -4.0% |
| 8 | Williams %R ✓ | Daily | 4.4% | 0.35 | -48.7% | 68.6% | 420 | -4.8% |
| 9 | CCI ✓ | Weekly | 3.5% | 0.32 | -49.6% | 83.9% | 62 | -5.7% |
| 10 | Bollinger Mean-Reversion ✓ | Weekly | 3.0% | 0.31 | -39.6% | 75.0% | 48 | -6.1% |
| 11 | RSI Mean-Reversion ✓ | Daily | 2.5% | 0.29 | -38.2% | 75.0% | 92 | -6.7% |
| 12 | RSI Trend (>50) ✓ | Weekly | 3.5% | 0.29 | -56.2% | 44.8% | 192 | -5.6% |
| 13 | Stochastic ✓ | Weekly | 2.9% | 0.28 | -46.5% | 73.3% | 60 | -6.2% |
| 14 | Williams %R ✓ | Weekly | 3.1% | 0.28 | -46.9% | 74.7% | 83 | -6.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For 3M (MMM), Money Flow Index on the daily 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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