THERMO FISHER SCIENTIFIC INC (TN8.DE) Stock Technical Analysis
FRA:TN8 - Deutsche Boerse Ag - US8835561023 - Common Stock - Currency: EUR
Overall TN8 gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TN8 was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than TN8.
TN8 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: TN8 has an average volume of 382 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TN8 is part of the Life Sciences Tools & Services industry. There are 18 other stocks in this industry, TN8 did better than 47% of them.
In the last month TN8 has a been trading in the 340.55 - 422.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TN8 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
337.43
425.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 353.70 to 358.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @346.50 from a horizontal line in the daily time frame.
- A support zone ranging from 340.84 to 340.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 404.73 to 411.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @421.71 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for TN8.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TN8.DE is up. |
| ChartMill Relative Strength | 11.17 | NEGATIVE | TN8.DE has a low relative strength, it was outperformed by 88.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TN8.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TN8.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TN8.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.1 | NEUTRAL | The RSI value for TN8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.15 | NEGATIVE | The MACD value suggests TN8.DE has a negative trend. |
| Stochastics (14,3) | 61.22 | NEUTRAL | The Stochastics value for TN8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for TN8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for TN8.DE suggests a weak or negative 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)
FRA:TN8 (8/8/2025, 7:00:00 PM)
390.7
+1.85 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.48%
1 Week-0.95%
2 Weeks-4.75%
1 Month5.21%
3 Month8.12%
6 Month-28.87%
12 Month-28.39%
2 Year-24.46%
3 Year-28.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.96
ATR(20)%3.22%
ATR Inc-36.96%
Range Today8.4
ADR(20)11.22
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.17
Mansfield-2.36
10 Day High422.5
10 Day Low383.4
20 Day High422.5
20 Day Low340.55
52 Week High590.9
52 Week Low336.25
CS1 End358.28
CR1 Start404.73
Volume & EV
DER(3)0%
DER(5)0%
Volume588
Volume Incr-53.46%
Vol(5)265
Vol(50)382.12