Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Thermo Fisher Scientific Inc (NYSE:TMO)

Bear Market Rally (-75) - TMO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TMO as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid TMO?

MarketClub looks at technical strength and momentum to determine if the timing is right for TMO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low TMO Price Change
509.21 510.99 504.77 506.01 +2.99
Entry Signal

MarketClub’s Trade Triangles for TMO

long term down The long-term trend has been DOWN since Apr 26th, 2023 at 522.78

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2023 at 526.35

short term up The short-term trend has been UP since Sep 28th, 2023 at 506.44

Smart Scan Analysis for TMO

Based on our trend formula, TMO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TMO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
509.21 510.99 504.77 506.01 +2.99
Prev. Close Volume Bid Ask Time
506.17 1041664 2023-09-29 15:59:51
Year High250.75Year High Date2018-11-29
Year Low190.38Year Low Date2018-01-02
52wk High609.8552wk High Date2023-01-24
52wk Low475.7752wk Low Date2022-11-03
Year End Close63.78Average Volume1,575,085
Shares Outstanding385,950Short Interest3,045,622
% Institutional90.9Market Cap118,116M
P/E Ratio34.3828Beta0.94
Get a free daily analysis and signals for Thermo Fisher Scientific Inc (TMO) - Request Your Free Report.