THERMO FISHER SCIENTIFIC INC (TMO) Technical Analysis
NYSE:TMO • US8835561023
Current stock price
TMO Technical Rating and Analysis
Overall TMO gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than TMO.
- In the last month TMO has a been trading in the 463.81 - 521.63 range, which is quite wide. It is currently trading near the lows of this range.
- TMO has an average volume of 2516990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TMO is an average performer in the Life Sciences Tools & Services industry, it outperforms 58% of 57 stocks in the same industry.
- TMO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMO is lagging the market slightly.
TMO Weekly and Daily overview Charts
TMO Setup Rating and Analysis
The technical rating of TMO is bad and it also does not present a quality setup 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
459.72
We found 1 important support area.
- A support zone ranging from 464.36 to 464.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 521.12 to 526.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for TMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMO is down. |
| ChartMill Relative Strength | 20.4 | NEGATIVE | TMO has a low relative strength, it was outperformed by 79.6% 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) | 30.03 | NEUTRAL | The RSI value for TMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.79 | NEGATIVE | The MACD value suggests TMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.08 | OVERSOLD | The low Stochastics value suggests TMO may be oversold. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for TMO suggests some volalility. |
| Average Directional Index/ADX (14) | 50.18 | 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
464.69
-8.02 (-1.7%)
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 TMO stock?
THERMO FISHER SCIENTIFIC INC (TMO) has an RSI value of 30.0319. This indicates that the stock is currently neutral.
What is the MACD signal for THERMO FISHER SCIENTIFIC INC (TMO) stock?
The MACD indicator for THERMO FISHER SCIENTIFIC INC (TMO) has a value of -1.79127, indicating a bearish trend.
What is the short term momentum for THERMO FISHER SCIENTIFIC INC (TMO) stock?
The short term momentum for THERMO FISHER SCIENTIFIC INC (TMO) is negative.