Stock Analysis: Thermo Fisher Scientific Inc (TMO)

Stock Analysis for Thermo Fisher Scientific Inc (TMO)

The Interpreter
Hey Friend, I'm analysing THERMO FISHER SCIENTIFIC INC (TMO), and it is between the Support of $ 567.74 (Pivot) and the Resistance of $ 587.68 (Triangle Projection Level 0). The stock is also approaching the line of Pivot at $ 567.74, and if it goes below this line it could reach the next Support of 61.8% of Fibonacci at $ 531.92.

Thermo Fisher Scientific Inc (TMO)

$ 572.38 +0.2%

Last Close 03-May-24

Trade TMO Now

Supports

Next Support: $ 567.74

Pivot: $ 567.74
Fibonacci 61.8%: $ 531.92
Triangle Level (0): $ 527.72

Resistances

Next Resistance: $ 587.68

Pivot R1: $ 592.32
Fibonacci 100%: $ 603.82
Triangle Level (0): $ 587.68

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 14 Feb 2024	Buy Price: 548.27	Profit: Close Day1 ($ 548.57)	Abandoned Baby	Buy
002 15 Dec 2023	Sell Price: 518.03	Loss: Close Day2 ($ 528.14)	Abandoned Baby	Sell
003 11 Oct 2023	Sell Price: 492.63	Profit: Open Day1 ($ 491.84)	Engulfing	Sell
004 03 Oct 2023	Buy Price: 499.61	Profit: Open Day1 ($ 501.21)	Piercing Line	Buy
005 14 Sep 2023	Buy Price: 515.64	Loss: Close Day2 ($ 507.73)	Abandoned Baby	Buy
006 31 Aug 2023	Sell Price: 557.10	Profit: Close Day2 ($ 542.01)	Engulfing	Sell
007 02 Aug 2023	Buy Price: 553.76	Loss: Close Day2 ($ 548.64)	Engulfing	Buy
008 20 Jun 2023	Sell Price: 527.40	Profit: Open Day1 ($ 524.99)	Abandoned Baby	Sell
009 14 Jun 2023	Sell Price: 519.42	Loss: Close Day2 ($ 537.30)	Abandoned Baby	Sell
010 14 Jun 2023	Sell Price: 520.12	Loss: Close Day2 ($ 537.30)	Engulfing	Sell
011 23 May 2023	Sell Price: 525.10	Profit: Open Day1 ($ 510.00)	Abandoned Baby	Sell
012 17 May 2023	Buy Price: 521.67	Profit: Close Day1 ($ 523.54)	Abandoned Baby	Buy
013One Year Average	Both Sides Result for 12 Signals	Loss: $ -21.04 ($ -1.75 / Signal) -4.0% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for TMO Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	571.82	BUY	2	572.27	BUY
3	572.87	SELL	3	572.32	BUY
5	572.85	SELL	5	572.02	BUY
8	573.37	SELL	8	570.87	BUY
13	564.88	BUY	13	569.63	BUY
21	567.47	BUY	21	569.47	BUY
34	571.34	BUY	34	569.37	BUY
55	572.88	SELL	55	566.16	BUY
90	561.86	BUY	90	557.95	BUY
200	531.17	BUY	200	544.06	BUY

Company Info +

Name & IPO

Thermo Fisher Scientific Inc
IPO: 1980-08-27

Stock Ticker & Exchange

Ticker: TMOIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.thermofisher.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Measuring & Controlling Devices, Nec

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.