|
|
Archive
- 9/4/2026 -
Sign In to see current Signals. |
Thermo Electron (TMO) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Thermo Electron (TMO). During the week, the TMO dropped -8.40 points, or -1.35%, and closed at 613.78 on Friday, September 4, 2026. It was the worst weekly loss since June 5, 2026. Weekly volume was -30% below 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 December 31, 2021 at 672.34 and reached 385.46 on June 18, 2025. TMO lost 286.88 points, or 42.67%, in 180 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (594.03). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See TMO medium-term trend chart]
A medium-term uptrend had started on May 18, 2026 at 435.27 and reached 647.00 on August 25, 2026. TMO gained -211.73 points, or -48.64%, in 14 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 516.23 and resistance is at 666.73. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See TMO weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 June 26, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See TMO short-term trend chart]
A short-term downtrend had started on August 25, 2026 at 647.00 and reached 599.52 on September 1, 2026. TMO lost 47.48 points, or 7.34%, in 7 days. The price is now at the 30.03% retracement level.
 Daily Technical Indicators: [See TMO daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since August 27, 2026. This is an indication that the short-term trend is down.
| |
|
|