TMO technical analysis

Price Relative to Weekly EMAs

Thermo Fisher Scientific (TMO) is currently trading at a weekly close of 675. The price is significantly above all key weekly Exponential Moving Averages (EMAs). Specifically, TMO's price is 15.18% above its weekly EMA20 of 586.03, 23.01% above its weekly EMA50 of 548.76, and 26.78% above its weekly EMA200 of 532.43.

Weekly EMA Stack

The weekly EMA stack for TMO is bullish, with the EMA20 (586.03) positioned above the EMA50 (548.76), which in turn is above the EMA200 (532.43). This configuration (20 > 50 > 200) is indicative of a strong upward trend on the weekly timeframe. It is important to note that the EMA stack describes the prevailing trend and is not an indicator for entry timing.

Weekly EMA Crosses

A golden cross occurred on 2026-08-24, 5 weekly bars ago, when the weekly EMA50 crossed above the weekly EMA200. This event further reinforces the bullish long-term trend.

What Would Change This Read

This bullish read would be challenged by specific numeric triggers

• – A weekly close below the EMA20 of 586.03.
• – A weekly close below the EMA50 of 548.76.
• – A death cross, where the weekly EMA50 crosses below the weekly EMA200.

The weekly MACD for TMO is currently at 40.39, positioned above its signal line, which stands at 27.05. This indicates a bullish posture. The last bullish signal-line crossover occurred on 2026-06-22, 14 weeks ago.

The histogram is positive at 13.34. With a 4-bar change of 1.17, the positive momentum is accelerating.

The MACD is above the zero line, which is a bullish indication. The last bullish zero-line cross was on 2026-07-20, 10 weeks ago. This is a distinct signal from the MACD's crossover with its signal line, representing a longer-term trend confirmation.

No bearish divergence was found based on the last two price pivots (2026-05-25 close 492.51/macd -19.3663 -> 2026-08-17 close 629.27/macd 22.7076). Similarly, no bullish divergence was found (2026-06-15 close 464.61/macd -18.0072 -> 2026-09-07 close 609.82/macd 29.299).

What would change this read

• – A weekly MACD close below its signal line of 27.05 would indicate a loss of short-term bullish momentum.
• – A weekly MACD close below zero would signal a shift to a bearish long-term trend.
• – The histogram turning negative would suggest a deceleration and potential reversal of upward momentum.

The current weekly RSI(14) for TMO is 73.47, placing it in overbought territory (above 70).

Over the last four weeks, the RSI has been rising, moving from 66.1 to its current value of 73.47.

The most recent band event occurred on 2026-09-14 (two weeks ago), when the RSI crossed above the 70 threshold.

No bearish divergence was found between the price pivots of 2026-05-25 (close 492.51/RSI 48.06) and 2026-08-17 (close 629.27/RSI 70.56). Similarly, no bullish divergence was found between the price pivots of 2026-06-15 (close 464.61/RSI 43.1) and 2026-09-07 (close 609.82/RSI 64.94).

What would change this read

• – A weekly RSI close below 70.00 would signal a move out of overbought territory.
• – A weekly RSI close below 66.10 would indicate a loss of recent upward momentum.

The current weekly ATR(14) for TMO is 34.16, which represents 5.06% of its latest weekly close of 675. This value indicates the average expected weekly price range for the stock.

Compared to eight weeks ago, when the ATR was 36.43, volatility for TMO is currently contracting.

The 1x ATR band indicates that a normal expected weekly range for TMO is between 640.84 and 709.16. For a more extended expected weekly range, the 2x ATR band suggests movement between 606.68 and 743.32. These bands describe the expected weekly range, not price predictions.

What would change this read

• – An increase in the weekly ATR(14) above 36.43 would signal expanding volatility.
• – A decrease in the weekly ATR(14) below 30.00 would indicate a more significant contraction in volatility.

TMO's 52-week high is 682.98, set on 2026-09-21. The 52-week low is 435.27, set on 2026-05-18.

The latest weekly close of 675 is -1.17% from the 52-week high. It is 55.08% above the 52-week low.

The stock's position within its 52-week range is 96.8%. This indicates that TMO is trading very close to its 52-week high, suggesting strong upward momentum and a dominant bullish trend within its longer cycle. The current price is significantly above the midpoint of the 52-week range, which is 559.12.

What would change this read

A weekly close below the midpoint of the 52-week range at 559.12 would signal a significant shift in the bullish sentiment. A drop to or below the 52-week low of 435.27 would invalidate the current bullish range position.