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Archive - 4/17/2025 - 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 the negative week for the Thermo Electron (TMO). During the week, the TMO dropped -10.70 points, or -2.44%, and closed at 427.50 on Thursday, April 17, 2025. Weekly volume was 49% above average. TMO is a member of Life Sciences Tools & Services Industry. Life Sciences Tools & Services is the seventh most oversold industry. 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 409.90 on April 9, 2025. TMO lost 217.98 points, or 34.72%, in 30 weeks. The price is now at the 8.07% retracement level.
Medium-term trend: [See TMO medium-term trend chart] A medium-term downtrend had started on January 30, 2025 at 611.00 and reached 409.90 on April 9, 2025. TMO lost 201.10 points, or 32.91%, in 9 weeks. The price is now at the 8.75% retracement level.
Weekly Technical Indicators: [See TMO weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since February 21, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 April 9, 2025 at 409.90 and reached 450.84 on April 14, 2025. TMO gained -40.94 points, or -9.99%, in 5 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (440.50) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.
Daily Technical Indicators: [See TMO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 27, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 226.76% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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