THERMO FISHER SCIENTIFIC INC (TN8.DE) Stock Technical Analysis
FRA:TN8 - Deutsche Boerse Ag - US8835561023 - Common Stock - Currency: EUR
Taking everything into account, TN8 scores 0 out of 10 in our technical rating. TN8'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TN8 is a bad performer in the overall market: 95% of all stocks are doing better.
TN8 is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 82% of 18 stocks in the same industry do better.
TN8 is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TN8 is lagging the market.
TN8 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: TN8 has an average volume of 339 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
TN8 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
343.03
573.68
We found 1 important support area.
- A support zone ranging from 346.49 to 346.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 362.91 to 364.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @386.51 from a horizontal line in the daily time frame.
- Resistance @568.00 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 | DOWN | NEGATIVE | The short term trend for TN8.DE is down. |
| ChartMill Relative Strength | 5.15 | NEGATIVE | TN8.DE has a low relative strength, it was outperformed by 94.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TN8.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TN8.DE is below a declining 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) | 41.6 | NEUTRAL | The RSI value for TN8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.82 | POSITIVE | The MACD value suggests TN8.DE has a positive trend. |
| Stochastics (14,3) | 22.23 | NEUTRAL | The Stochastics value for TN8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TN8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.17 | POSITIVE | The high ADX value value for TN8.DE suggests a strong 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 (5/30/2025, 7:00:00 PM)
357.15
+2.4 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.68%
1 Week3.07%
2 Weeks-2.26%
1 Month-4.38%
3 Month-28.83%
6 Month-28.97%
12 Month-31.25%
2 Year-24.62%
3 Year-32.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.32
ATR(20)%2.65%
ATR Inc-46.37%
Range Today3.05
ADR(20)8.41
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.15
Mansfield-3.05
10 Day High373.65
10 Day Low345
20 Day High393.65
20 Day Low345
52 Week High590.9
52 Week Low345
CS1 End346.49
CR1 Start362.91
Volume & EV
DER(3)0%
DER(5)0%
Volume102
Volume Incr-67.91%
Vol(5)132.2
Vol(50)339.34