Trading Signals: TMO Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Wed. Sep. 27, 2023)(Thermo Fisher Scientific Inc.)
| TMO latest price $134.2748 (1.51%) ($131.9510 - $135.8273) on Thu. Jan. 14, 2016. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 1.41% (three month average) | | RSI | 37 | | Latest Price | $134.2748(1.51%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | TMO advances 0.2% a day on average for past five trading days. | | Weekly Trend | TMO declines -2.4% a week on average for past two weeks. | | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | | Correlated ETFs | Broad market will support TMO advance at 0% a week (0% probability)
DIA(55%) XHB(49%) IBB(16%) GDXJ(15%) XBI(15%) | | Factors Impacting TMO price | TMO will decline at least -0.705% in a week (0% probabilities).
UUP(-11%) EMHY(-4%) VIXM(-2%) UNG(-2%) BND(-2%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -0.705% (StdDev 1.41%) | | Hourly BBV | 0 () | | Intraday Trend | 1.6% | | | | | |
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| Resistance Level | $136.64 | | 5 Day Moving Average | $133.61(0.5%) | | 10 Day Moving Average | $135.01(-0.54%) | | 20 Day Moving Average | $136.64(-1.73%) | | To recent high | -5.1% | | To recent low | 9.7% | | Market Cap | $53.118b | | | | | | |
Thermo Fisher Scientific, Inc. engages in the provision of analytical instruments, equipment, reagents and consumables, software and services for research, analysis, discovery, and diagnostics. It operates through the following segments: Life Sciences Solutions; Analytical Instruments; Specialty Diagnostics; and Laboratory Products and Services. The Life Sciences Solutions segment comprises of portfolio of reagents, instruments, and consumables used in biological and medical research, discovery and production of new drugs, and vaccines as well as diagnosis of disease. The Analytical Instruments segment offers instruments, consumables, software, and services that are used for a range of applications in the laboratory, on the production line, and in the field. The Specialty Diagnostics segment gives diagnostic test kits, reagents, culture media, instruments, and associated products used to increase the speed and accuracy of diagnoses. The Laboratory Products and Services segment involves in providing everything needed for the laboratory, including a combination of self-manufactured and sourced products for customers in research, academic, government, industrial, and healthcare settings. The company was founded on October 11, 1960 and is headquartered in Waltham, MA. |