THERMO FISHER SCIENTIFIC INC (TMO) Stock Technical Analysis
NYSE:TMO - US8835561023 - Common Stock
499.99 USD
+16.23 (+3.35%)
499.99 USD
0 (0%)
Overall TMO gets a technical rating of 7 out of 10. In the last year, TMO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TMO has a been trading in the 446.28 - 502.39 range, which is quite wide. It is currently trading near the high of this range.
TMO has an average volume of 2776540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TMO outperforms 48% of them, which is more or less in line with the market.
TMO is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, TMO did better than 56% 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.
Although TMO has an excellent technical rating, it does not offer a high 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
389.72
621.85
3 important support areas can be observed.
- A support zone ranging from 442.83 to 460.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @420.95 from a trend line in the daily time frame.
- Support @393.66 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 500.00 to 500.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @577.74 from a trend line in the weekly time frame.
- Resistance @615.69 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for TMO is up. |
| ChartMill Relative Strength | 48.23 | NEUTRAL | TMO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TMO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.54 | NEUTRAL | The RSI value for TMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests TMO has a positive trend. |
| Stochastics (14,3) | 84.37 | OVERBOUGHT | The high Stochastics value suggests TMO may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for TMO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.5 | NEUTRAL | The ADX value for TMO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
499.99
+16.23 (+3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg3.35%
1 Week2.25%
2 Weeks8.52%
1 Month4.53%
3 Month27.01%
6 Month-6.11%
12 Month-17.51%
2 Year-10.25%
3 Year-8.31%
5 Year16.55%
10 Year298.81%
15 Year1087.06%
Volatility
ATR(14)10.7
ATR(20)%2.26%
ATR Inc46.23%
Range Today15.5
ADR(20)10.62
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.23
Mansfield-1.01
10 Day High502.39
10 Day Low459.33
20 Day High502.39
20 Day Low446.28
52 Week High627.88
52 Week Low385.46
CS1 End460.71
CR1 Start500
Volume & EV
DER(3)-3.29%
DER(5)-3.36%
Volume1.78M
Volume Incr-32.81%
Vol(5)2.06M
Vol(50)2.78M