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Uptrend ExhaustionArchive - 9/25/2026 - Sign In to see current Signals. |
Thermo Electron (TMO) Technical Analysis
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| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Thermo Electron (TMO). During the week, the TMO gained 23.55 points, or 3.62%, and closed at 675.00 on Friday, September 25, 2026. TMO was trading at average weekly trading volume. 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 downtrend resistance line (365.23) 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 long-term trend.
Medium-term trend: [See TMO medium-term trend chart] A medium-term uptrend had started on May 18, 2026 at 435.27 and reached 682.98 on September 24, 2026. TMO gained -247.71 points, or -56.91%, in 18 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 636.51 and resistance is at 701.27. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See TMO weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Relative Strength Index and Williams' Percentage Range are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Relative Strength Index and 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 26, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 September 10, 2026 at 594.82 and reached 682.98 on September 24, 2026. TMO gained -88.16 points, or -14.82%, in 14 days. The price is now at the 9.05% retracement level.
Daily Technical Indicators: [See TMO daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. The daily MACD line is above its signal line since September 15, 2026. This is an indication that the short-term trend is up.
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