THERMO FISHER SCIENTIFIC INC (TMO) Technical Analysis
NYSE:TMO • US8835561023
Current stock price
TMO Technical Rating and Analysis
Taking everything into account, TMO scores 0 out of 10 in our technical rating. TMO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, TMO is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month TMO has a been trading in the 455.60 - 538.40 range, which is quite wide. It is currently trading near the lows of this range.
- TMO has an average volume of 2008700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TMO is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, TMO did better than 58% of them.
- TMO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMO is lagging the market.
TMO Weekly and Daily overview Charts
TMO Setup Rating and Analysis
TMO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TMO Support and Resistance Analysis
454.63
When analyzing the support we notice one important area.
- A support zone ranging from 459.22 to 464.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 491.11 to 510.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 526.61 to 531.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @615.69 from a horizontal line in the weekly time frame.
TMO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TMO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMO is down. |
| ChartMill Relative Strength | 28.56 | NEGATIVE | TMO has a low relative strength, it was outperformed by 71.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TMO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for TMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.53 | NEGATIVE | The MACD value suggests TMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.58 | OVERSOLD | The low Stochastics value suggests TMO may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TMO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for TMO suggests a strong trend. |
TMO Chart- and CandleStick Pattern Analysis
TMO Technicals: Chart, Performance Metrics, Trend & Indicators
478.96
+12.7 (+2.72%)
THERMO FISHER SCIENTIFIC INC / TMO TA FAQ
What is the ChartMill technical rating of THERMO FISHER SCIENTIFIC INC (TMO) stock?
ChartMill assigns a technical rating of 0 / 10 to TMO.
What is the current trend direction of THERMO FISHER SCIENTIFIC INC (TMO) stock?
The current trend direction for THERMO FISHER SCIENTIFIC INC (TMO) is Bearish.
What is the RSI signal for THERMO FISHER SCIENTIFIC INC (TMO) stock?
THERMO FISHER SCIENTIFIC INC (TMO) has an RSI value of 43.189. This indicates that the stock is currently neutral.
Can you provide the MACD signal for THERMO FISHER SCIENTIFIC INC?
The MACD indicator for THERMO FISHER SCIENTIFIC INC (TMO) has a value of -4.52695, indicating a bearish trend.
Can you provide the support and resistance levels for THERMO FISHER SCIENTIFIC INC?
THERMO FISHER SCIENTIFIC INC (TMO) has a support level at 464.36 and a resistance level at 491.11. Check the full technical report for our detailed analysis of TMO support and resistance levels.