Aug 21, 2026 at 9:01 PM
•
$629.27
(+0.28%)
The stock of Thermo Fisher Scientific Inc (TMO) climbed 0.28% to close at $629.27 on August 21.
From a technical standpoint, the outlook appears bullish:
Momentum
RSI at 74.4 is elevated in overbought zone, which often precedes pullbacks. MACD is bullish (20.95 vs signal 19.55).
Moving Averages
The stock holds above both the 9-day ($606.31) and 21-day ($587.30) EMAs, confirming the uptrend.
Volatility
Price is extended above the upper Bollinger Band ($626.76), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $552.33, Resistance at $626.76.