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- 1/2/2026 -
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Thermo Electron (TMO) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtTrend resistance at 570.63
Daily :Lane's Stochastic is strongly overbought20 Day Moving Average has crossed below the 50 Day Moving AverageThe price touches the upper Bollinger BandThe period of low volatility of the stock price
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It was a second positive week after 3 consecutive negative weeks for the Thermo Electron (TMO). During the week, the TMO gained 11.77 points, or 2.03%, and closed at 592.51 on Friday, January 2, 2026. Weekly volume was -50% 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 September 10, 2024 at 627.88 and reached 385.46 on June 18, 2025. TMO lost 242.42 points, or 38.61%, in 40 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (570.63). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See TMO medium-term trend chart]
A medium-term uptrend had started on June 18, 2025 at 385.46 and reached 602.32 on November 25, 2025. TMO gained -216.86 points, or -56.26%, in 22 weeks. Price is near the trend high.

Weekly Technical Indicators: [See TMO weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 July 3, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 December 18, 2025 at 554.53 and reached 593.71 on January 2, 2026. TMO gained -39.18 points, or -7.07%, in 15 days. Price is near the trend high.

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

The daily MACD line is above its signal line since December 24, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 5.18% on Friday. It is 57.66% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.19
Williams' Percentage Range (W%R) 36.30
Lane's Stochastic (%D-Slow) 93.67
Strong Overbought
Greed/Fear Indicator (GFI) 72.53
Moving Average Converg./Diverg. (MACD) 2.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.95
Williams' Percentage Range (W%R) 15.70
Overbought
Lane's Stochastic (%D-Slow) 65.93
Greed/Fear Indicator (GFI) 69.73
Moving Average Converg./Diverg. (MACD) 24.75
Trading Signals
Description Value Chart
Upper Bollinger Band 593.15
Price 592.51
Daily Stochastic Crossing 591.61
Weekly Stochastic Crossing 583.28
Parabolic System 576.42
50 Day Moving Average 575.02
20 Day Moving Average 574.96
Quarterly Trendline Resistance 570.63
Lower Bollinger Band 562.41
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Life Sciences Tools & Services 96
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 554.53
Low Date 12/18/2025
High 593.71
High Date 01/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 602.32
High Date 11/25/2025
Low 554.53
Low Date 12/18/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 385.46
Low Date 06/18/2025
High 602.32
High Date 11/25/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 570.63
Support 282.90
High 627.88
High Date 09/10/2024
Low 385.46
Low Date 06/18/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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.