Nov 8, 2026 at 12:22 AM
•
$694.76
(+2.64%)
Thermo Fisher Scientific Inc (TMO) advanced 2.64%, ending the session at $694.76 on November 8.
From a technical standpoint, the outlook appears bullish:
Moving Averages
The stock holds above both the 9-day ($692.00) and 21-day ($684.98) EMAs, confirming the uptrend.
Momentum
RSI at 54.4 is neutral but improving. MACD reads 9.58 against its 11.30 signal line (bearish).
Volatility
Stock has been in a TTM Squeeze for 20 days, indicating compressed volatility and potential for a significant move.
The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.
Traders are watching $660.82 on the downside and $713.50 on the upside.