The Greedy Trader Weekly Analysis
Sign In Jul 24, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 7/17/2026 -
Sign In to see current Signals.

Thermo Electron (TMO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Move cursor over the icon to see details.

It was a fourth positive week after 3 consecutive negative weeks for the Thermo Electron (TMO). During the week, the TMO gained 5.43 points, or 1.03%, and closed at 532.48 on Friday, July 17, 2026. Weekly volume was -21% below average.

TMO is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See TMO long-term trend chart]
A long-term downtrend had started on December 31, 2021 at 672.34 and reached 385.46 on June 18, 2025. TMO lost 286.88 points, or 42.67%, in 180 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 368.60 and resistance is at 596.38. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See TMO medium-term trend chart]
A medium-term downtrend had started on January 22, 2026 at 643.99 and reached 435.27 on May 18, 2026. TMO lost 208.72 points, or 32.41%, in 16 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (412.20) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. TMO may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See TMO weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 26, 2026. Use the following link to access a MACD help.

Short-term trend: [See TMO short-term trend chart]
A short-term uptrend had started on June 17, 2026 at 457.64 and reached 544.45 on July 16, 2026. TMO gained -86.81 points, or -18.97%, in 29 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See TMO daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since June 23, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.71
Williams' Percentage Range (W%R) 6.30
Strong Overbought
Lane's Stochastic (%D-Slow) 84.63
Overbought
Greed/Fear Indicator (GFI) 79.69
Moving Average Converg./Diverg. (MACD) 13.32
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.77
Williams' Percentage Range (W%R) 4.90
Strong Overbought
Lane's Stochastic (%D-Slow) 70.31
Greed/Fear Indicator (GFI) 72.08
Moving Average Converg./Diverg. (MACD) -12.76
Trading Signals
Description Value Chart
Yearly Trendline Resistance 596.38
Upper Bollinger Band 559.04
Daily Stochastic Crossing 538.72
Price 532.48
Parabolic System 526.01
Weekly Stochastic Crossing 522.58
20 Day Moving Average 511.16
50 Day Moving Average 484.14
Lower Bollinger Band 468.70
Monthly Trendline Resistance 434.55
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Life Sciences Tools & Services 101
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 457.64
Low Date 06/17/2026
High 544.45
High Date 07/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 435.27
Low Date 05/18/2026
High 544.45
High Date 07/16/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 434.55
Support 412.20
High 643.99
High Date 01/22/2026
Low 435.27
Low Date 05/18/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 385.46
Low Date 06/18/2025
High 643.99
High Date 01/22/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 596.38
Support 368.60
High 672.34
High Date 12/31/2021
Low 385.46
Low Date 06/18/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.