$MMM · Schwab Network · 2026-10-29
3M 在强劲财报后动能向上，利润率改善、工业需求上升，技术面指向进一步上行。预计价格至少会先回测180-185，之后才回落或突破其长达一年的区间，支撑位在171附近，未来约50天至12月期间可能挑战8月高点。
逐段跳播
而你的姓氏今天也逆势而行，3M股价上涨超过2%，这是这里的另一个防御性选择，Dan。我的意思是，它们显示出利润率的改善和工业需求的增加。它们交出了一份非常强劲的财报，在财报发布前有一些波动，但它们似乎正试图保持这一势头。那么，你对3M股票怎么看？
and your family name is also going against the trend today, as 3M stock is up more than 2% , which is another defensive option here, Dan. I mean, they showed an improvement in profit margins and an increase in industrial demand.
They delivered a very strong earnings report, with some fluctuations before the earnings report was released, but they appear to be trying to maintain this momentum. So, what is your view on 3M stock?
是的，看Johnson的股票时，我觉得情况类似，就财报公布后的反应而言，同样是保持了那波上涨势头，而且如你所知，它现在正在挑战这里的一些高点。我认为，看过去两个月……总体而言，在我看来势头仍然向上，而且我认为防御性股票以及一些工业股将继续受益于近期的趋势，因此我今天重点关注这只股票。
偏好投资工业板块的资产管理人数量几乎每天都在增加。
Yes, I see it as similar when you look at Johnson's stock, in terms of the reaction after the earnings announcement, and again, maintaining that upward momentum, and as you know, it is now challenging some of the highs here.
I think when you look at the last two months... overall, it seems to me that the momentum is still upward , and I think that defensive stocks, and some industrial stocks, will continue to benefit from recent trends , and therefore I am focusing on this stock today.
The number of asset managers who prefer to invest in the industrial sector is increasing almost daily.
那么，KG，看3M的股票图表时，你在技术分析中注意到了什么？嗯，如果我们看一年的日线图，会发现这只股票在过去一年没有出现大幅波动。它一直在合理区间内交易，偶尔略微跌破区间，另外还有突破这个价格通道的可能。
但如你所见，去年这个时候，这只股票在走一个类似喇叭形的形态，表明价格可能出现更大波动，而事实正是如此。我们进入市场，在今年1月底触及200日移动均线，并尝试向上反弹，达到大约175的水平，该水平在170到175附近构成阻力区，随后我们回落。
这次回调之后，我们在140附近交易。我们继续看到买家在这一水平入场。事实上，可以说我们可能经历了一个三重底，然后回来重新测试200日移动均线，被拒绝，企稳，然后尝试上涨，突破了200日移动均线，接着是20日移动均线。
我们又一次回来测试7月的支撑区。我们看到一波短促上涨，达到大约180到185的水平。然后价格企稳，随后下跌。但还是看200日移动均线。过去，这一水平要么是上行区，要么是阻力区。
这里我们有一个双底形态。我们看到价格突破了20和50水平。之后，在我们看到大幅下跌之前，我们可能再次看到185水平，或再次看到170到185水平。相对强弱指数（RSI）正在形成更高的低点，MACD指向上方，12期指数移动平均线位于26期指数移动平均线之上。
这个价格看起来至少会回撤到180-185的Marley区域，然后才会尝试下跌或突破过去一年一直持续的这轮盘整。
So, KG, when looking at the 3M stock chart, what do you notice in the technical analysis? Well, if we look at the daily chart for a year, we find that the stock has not seen significant movements over the past year.
It has been trading within a reasonable range , with some slight dips to the outside, plus the possibility of breaking out of this price channel. But as you can see, at this time last year, the stock was trading in a megaphone-like pattern, indicating the potential for greater price volatility, and that's exactly what happened.
We entered the market, touched the 200-day moving average in late January of this year, and attempted to bounce upwards, reaching approximately the 175 level, which acted as a resistance zone, around 170 to 175, before we retreated.
After this pullback, we were trading at around 140. We continued to see buyers entering the market at this level . In fact, we could say that we may have witnessed a triple bottom before we came back, retested the 200-day moving average, rejected it, stabilized, then tried to rise, and broke above the 200-day moving average, and then the 20-day moving average .
Once again, we returned to test the support zones in July. We saw a short upward movement to approximately the 180 to 185 level. Then the price stabilized, then it declined. But again, look at the 200-day moving average .
In the past, this level was either an upward zone or a resistance zone. Here we have a double bottom pattern . We are seeing a breakout above the 20 and 50 levels. After that, we may see the 185 level again, or the 170 to 185 level again, before we see a sharp decline.
The Relative Strength Index (RSI) is forming higher lows, the MACD is pointing upwards, and the 12-period exponential moving average is above the 26-period exponential moving average.
This price looks set to at least retrace to the 180-185 Marley area before attempting to decline or break out of this consolidation that has persisted throughout the past year.
好。那么，技术指标指向进一步的上行潜力，Dan。3M直到明年我们都没有任何利润。比如，你会怎么交易这只股票？我们能预期多长时间？
Good. So, the technical indicators point to further upside potential, Dan. We don't have any profits for 3M until next year. How would you trade this stock, for example? How long can we expect?
是的，12月。50天。也就是大约一个半月。正如Kevin所指出的，我认为，考虑到8月的高位，如果当前价格超过它，至少有可能去挑战该水平。短期内，价格似乎也会突破这些近期水平。从短期角度看似乎有动能。
因此，日内交易的例子就是对Marley股票的风险反映。这涉及卖出行权价170的12月看跌期权，并买入行权价180的12月看涨期权。我们现在在176。你可以做到盈亏略高或略低于持平。
我们在175附近时赔率是均等的，但这里的想法是提供一点安全边际，以防未来几个月出现小幅走弱，或许能以更好的水平买入这只股票，因为在我看来171附近似乎有短期支撑。但如果我们保持这波价格上涨，尤其是今天它似乎已经开始突破，并可能挑战近期水平或其8月高点，甚至更高，那么这种看涨观点将让我们在这波上涨发生时参与其中。
Yes, December. 50 days. That is, about a month and a half. As Kevin pointed out, I think, given the high levels of August, there is a possibility that it will at least be challenged if the current price surpasses it .
In the near term, it appears that the price will also break through these recent levels. There appears to be momentum from a short-term perspective. Therefore, the example of day trading is the risk reflection on Marley stock.
This involves selling a December put option at 170 and buying a December call option at 180. We are now at 176. You can do this with a profit slightly above or below your profit or loss.
The odds were even when we were around 175 , but the idea here is to provide a small safety margin in case we see a slight weakening over the next few months, and perhaps buy the stock at a better level, because it seems to me that there is short- term support around the 171 level.
But if we maintain this price rise , especially today as it seems to have started to break out and may challenge the recent levels or its August highs, if not higher, then this bullish outlook will allow us to participate in this rise if it happens.
我们现在继续上涨。我们在176.60，3M上涨2.2%。
We are now continuing to rise. We are at 176.60 , up 2.2% for 3M.
这个频道对 $MMM 的历次判断
Schwab Network 在这只股票上共 2 条判断，这里只列相邻的几条。