Disclaimer Statement

Updated:

Author: Engineer USC

TMO Stock Forecast & Thermo Fisher Scientific Chart Analysis

This article provides a detailed analysis of TMO-Thermo Fisher Scientific stock including a forecast for TMO shares. It features Thermo Fisher Scientific Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

TMO Historical Data Review

TMO Current Price Performance Analysis

The Thermo Fisher Scientific - TMO stock traded on the American stock market, on 06-05-2024, closed at 575.28$ with a %0.98 increased compared to the previous day.

In the last month, the price of TMO changed by %0.30 increased in value, from 573.55 dollars on 05-06-2024 to 575.28 dollars, increased.

Last year, the price of TMO was 516.26 dollars on 06-06-2023, and changed by %11.43 increased in value, to 575.28 dollars increased within a year.

The price of Thermo Fisher Scientific stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

TMO with AI Stock Forecast & Price Target

TMO stock forecast Thermo Fisher Scientific price target

On the TMO chart Thermo Fisher Scientific price was recorded as 575.28 Dollars on 06/05/2024.

The artificial intelligence's forecast on TMO stock is as follows.

The artificial intelligence's prediction error margin for TMO stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Thermo Fisher Scientific stock over the next 4 months is: 668.7 Dollars.

The commentary on TMO stock Target Price: Highest: 707.662 Dollars is predicted.

The commentary on TMO stock Target Price: Lowest: 618.692 Dollars is predicted.

Resistance Price where Thermo Fisher Scientific stock will Rise and Fall:

Date Price Prediction
07-15-2024 654.270
09-23-2024 707.662
11-12-2024 701.036
02-20-2025 677.184

Support Price where Thermo Fisher Scientific stock will Fall and Rise:

Date Price Prediction
08-09-2024 652.993
10-23-2024 694.975
01-21-2025 662.096
04-01-2025 622.377

The commentary on TMO stock: Fluctuations in the target price can be expected in the coming days.

The target price for Thermo Fisher Scientific stock by the end of 2024 is predicted to be 673.02 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on TMO stock, and the 2024 target price predictions for Thermo Fisher Scientific are detailed above.

The technical analysis and charts for the commentary on TMO stock are below.

TMO Support & Resistance and Trend Analysis

TMO review Thermo Fisher Scientific technical analysis trend chart TMO priceTMO stock support and resistance price chart

TMO stock you have reviewed the technical analysis support resistance charts regarding.

TMO : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the TMO review, the Thermo Fisher Scientific support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Thermo Fisher Scientific Support and Resistance Prices:

TMO Support Level Price TMO Resistance Level Price
433.15 475.00
437.26 534.43
487.06 570.00
529.64 589.93
534.24 594.03
534.41 602.00
550.33 603.82
560.00
561.64
565.34

TMO Technical Analysis: SMA, RSI, MACD

TMO review Thermo Fisher Scientific SMA chart analysis TMO priceTMO buy or sell review Thermo Fisher Scientific MACD chart analysis TMO price

Upon reviewing the TMO chart, buy and sell signals have been generated in the Thermo Fisher Scientific technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for TMO stock are as follows:
  1. TMO technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Thermo Fisher Scientific gave a 'Buy' signal when the RSI was at 26.584, with the current RSI value at 26.326.
  3. The technical analysis for Thermo Fisher Scientific indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Thermo Fisher Scientific stock: Click here to read more predictions on Roche Holding AG stock.

Click here for price target predictions and technical analysis charts of other American stocks