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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TN8 is a bad performer in the overall market: 97% of all stocks are doing better.
TN8 is part of the Life Sciences Tools & Services industry. There are 17 other stocks in this industry, of which 87% are performing better than TN8.
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.
In the last month TN8 has a been trading in the 336.25 - 367.75 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TN8 has an average volume of 322 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of TN8 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
337.43
573.68
We found 1 important support area.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 351.22 to 357.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 366.11 to 367.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 3.71 | NEGATIVE | TN8.DE has a low relative strength, it was outperformed by 96.29% 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) | 37.05 | NEUTRAL | The RSI value for TN8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests TN8.DE has a negative trend. |
| Stochastics (14,3) | 11.28 | OVERSOLD | The low Stochastics value suggests TN8.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for TN8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.04 | NEUTRAL | The ADX value for TN8.DE 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)
FRA:TN8 (6/19/2025, 7:00:00 PM)
340.95
+0.1 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.03%
1 Week-4.76%
2 Weeks-3.08%
1 Month-3.08%
3 Month-28.54%
6 Month-32.24%
12 Month-35.58%
2 Year-28.37%
3 Year-33.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.62
ATR(20)%2.16%
ATR Inc-38.71%
Range Today0
ADR(20)6.39
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.71
Mansfield-3.28
10 Day High367.75
10 Day Low336.25
20 Day High367.75
20 Day Low336.25
52 Week High590.9
52 Week Low336.25
CS1 End340.94
CR1 Start351.22
Volume & EV
DER(3)0%
DER(5)0%
Volume11
Volume Incr-19.4%
Vol(5)254.6
Vol(50)322.72