THERMO FISHER SCIENTIFIC INC - 1H - Technical analysis published on 11/22/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
28%
28%
44%
My opinion
Bearish under 642.37 USD
My targets
630.91 USD (-0.60%)
609.78 USD (-3.93%)
My analysis
The strong short-term decline in THERMO FISHER SCIENTIFIC INC calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 642.37 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 630.91 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 609.78 USD as an objective. Crossing it would then enable sellers to target 599.45 USD. Be careful, a return to above 642.37 USD could jeopardize the reversal.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THERMO FISHER SCIENTIFIC INC price is 634.71 USD. On the day, this instrument lost -0.21% and was between 631.00 USD and 640.44 USD. This implies that the price is at +0.59% from its lowest and at -0.89% from its highest.631.00
640.44
634.71
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THERMO FISHER SCIENTIFIC INC:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this THERMO FISHER SCIENTIFIC INC chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 599.45 | 609.78 | 630.91 | 634.71 | 642.37 | 651.57 |
| Change (%) | -5.56% | -3.93% | -0.60% | - | +1.21% | +2.66% |
| Change | -35.26 | -24.93 | -3.80 | - | +7.66 | +16.86 |
| Level | Minor | Major | Intermediate | - | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 623.84 | 629.86 | 632.96 | 638.98 | 642.08 | 648.10 | 651.20 |
| Camarilla | 633.54 | 634.38 | 635.21 | 636.05 | 636.89 | 637.72 | 638.56 |
| Woodie | 622.37 | 629.13 | 631.49 | 638.25 | 640.61 | 647.37 | 649.73 |
| Fibonacci | 629.86 | 633.35 | 635.50 | 638.98 | 642.47 | 644.62 | 648.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 605.91 | 618.14 | 627.10 | 639.33 | 648.29 | 660.52 | 669.48 |
| Camarilla | 630.22 | 632.17 | 634.11 | 636.05 | 637.99 | 639.94 | 641.88 |
| Woodie | 604.27 | 617.32 | 625.46 | 638.51 | 646.65 | 659.70 | 667.84 |
| Fibonacci | 618.14 | 626.24 | 631.24 | 639.33 | 647.43 | 652.43 | 660.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 496.60 | 524.30 | 578.69 | 606.39 | 660.78 | 688.48 | 742.87 |
| Camarilla | 610.50 | 618.02 | 625.55 | 633.07 | 640.60 | 648.12 | 655.65 |
| Woodie | 509.94 | 530.97 | 592.03 | 613.06 | 674.12 | 695.15 | 756.21 |
| Fibonacci | 524.30 | 555.66 | 575.04 | 606.39 | 637.75 | 657.13 | 688.48 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.29 | |
| MACD (12,26,9): | -0.0900 | |
| Directional Movement: | -7.35 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 638.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 644.46 | |
| Elder Ray (13): | -0.68 | |
| Super Trend (3,10): | 647.74 | |
| Zig ZAG (10): | 636.78 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 37.23 | |
| TEMA (21): | 636.60 | |
| Williams %R (14): | -64.24 | |
| Chande Momentum Oscillator (20): | 0.80 | |
| Repulse (5,40,3): | -0.4500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.21 |
| MA7: | 636.66 | |
| MA20: | 630.14 | |
| MA50: | 603.55 | |
| MA100: | 571.66 | |
| MAexp7: | 637.01 | |
| MAexp20: | 638.01 | |
| MAexp50: | 636.20 | |
| MAexp100: | 630.89 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | +5.16% | |
| Price / MA100: | +11.03% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | -0.52% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | +0.61% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on THERMO FISHER SCIENTIFIC INC. At the time of publication of this analysis, the latest news was as follows:
- Thermo Fisher Scientific Announces Redemption of Senior Notes
- Thermo Fisher Scientific Prices Offering of Euro-Denominated Senior Notes
- Thermo Fisher Scientific Declares Quarterly Dividend
- Thermo Fisher Scientific Launches New Mass Spectrometry and Chromatography Solutions at ASMS 2021
- 3M Health Care and Thermo Fisher Scientific Collaborate to Increase Process Efficiency and Scalability in Commercial Therapeutic Manufacturing
This member declared not having a position on this financial instrument or a related financial instrument.
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