Stock Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
Thermo Fisher Scientific, Inc (NYSE:TMO)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TMO
The long term trend has been UP since Jan 5th, 2018 at 201.2000
The intermediate term trend has been UP since Nov 7th, 2018 at 238.9900
The short term trend has been UP since Dec 12th, 2018 at 242.0414
Smart Scan Analysis for TMO
Based on a pre-defined weighted trend formula for chart analysis, TMO scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||250.75||Year High Date||2018-11-29|
|Year Low||190.38||Year Low Date||2018-01-02|
|52wk High||250.75||52wk High Date||2018-11-29|
|52wk Low||181.51||52wk Low Date||2017-12-05|
|Year End Close||63.78||Average Volume||1,481,430|
|Shares Outstanding||360,215||Short Interest||3,045,622|