Breakout Alert: TMO Squeeze Intensifies at $706.16
Neutral
Nov 5, 2026 at 1:01 AM
•
$706.16
(+1.12%)
Shares of Thermo Fisher Scientific Inc (TMO) rose 1.12% to $706.16 on November 5.
From a technical standpoint, the outlook appears mixed:
Momentum
RSI at 60.7 is in neutral territory but trending lower. MACD is bearish (12.06 vs signal 12.17).
Moving Averages
The stock holds above both the 9-day ($694.91) and 21-day ($684.71) EMAs, confirming the uptrend.
Volatility
Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.
The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.
Key levels to watch: Support at $651.81, Resistance at $716.34.