Bears Tighten Grip on TMO Below $448.28
Bearish
May 26, 2026 at 12:17 AM
•
$448.28
(-0.25%)
The stock of Thermo Fisher Scientific Inc (TMO) dropped 0.25% to close at $448.28 on May 26.
Key indicators suggest a mixed bias:
Momentum
RSI at 39.5 is neutral but improving. MACD is bullish (-11.82 vs signal -11.90).
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $450.68, resistance at 21-day ($461.12).
Volatility
Stock has been in a TTM Squeeze for 3 days, indicating compressed volatility and potential for a significant move.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $435.53.
The $435.53-$482.28 range defines near-term boundaries.