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Archive - 1/9/2026 - Sign In to see current Signals. |
Thermo Electron (TMO) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the Thermo Electron (TMO). During the week, the TMO gained 26.35 points, or 4.45%, and closed at 618.86 on Friday, January 9, 2026. It was the best weekly gain since October 24, 2025. Weekly volume was 15% above average. TMO is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TMO long-term trend chart] A long-term downtrend had started on September 10, 2024 at 627.88 and reached 385.46 on June 18, 2025. TMO lost 242.42 points, or 38.61%, in 40 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (279.13) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. TMO may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See TMO medium-term trend chart] A medium-term uptrend had started on June 18, 2025 at 385.46 and reached 628.08 on January 6, 2026. TMO gained -242.62 points, or -62.94%, in 28 weeks. Price is near the trend high.
Weekly Technical Indicators: [See TMO weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since July 3, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See TMO short-term trend chart] A short-term uptrend had started on December 18, 2025 at 554.53 and reached 628.08 on January 6, 2026. TMO gained -73.55 points, or -13.26%, in 19 days. The price is now at the 12.54% retracement level.
Daily Technical Indicators: [See TMO daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is above its signal line since December 24, 2025. This is an indication that the short-term trend is up. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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