THERMO FISHER SCIENTIFIC INC - Daily - Technical analysis published on 10/07/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 279.80 USD
My targets
297.65 USD (+1.83%)
305.43 USD (+4.49%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on THERMO FISHER SCIENTIFIC INC as long as the price remains well above 279.80 USD. The buyers” bullish objective is set at 297.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 305.43 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.7
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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
THERMO FISHER SCIENTIFIC INC rating 292.30 USD. The price registered an increase of +3.32% on the session with the lowest point at 282.77 USD and the highest point at 292.44 USD. The deviation from the price is +3.37% for the low point and -0.05% for the high point.282.77
292.44
292.30
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by THERMO FISHER SCIENTIFIC INC:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this THERMO FISHER SCIENTIFIC INC chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 251.98 | 268.97 | 279.80 | 292.30 | 297.65 | 305.43 |
| Change (%) | -13.79% | -7.98% | -4.28% | - | +1.83% | +4.49% |
| Change | -40.32 | -23.33 | -12.50 | - | +5.35 | +13.13 |
| Level | Major | Major | Major | - | Intermediate | Major |
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 | 267.15 | 270.72 | 276.82 | 280.39 | 286.49 | 290.06 | 296.16 |
| Camarilla | 280.25 | 281.14 | 282.02 | 282.91 | 283.80 | 284.68 | 285.57 |
| Woodie | 268.41 | 271.35 | 278.08 | 281.02 | 287.75 | 290.69 | 297.42 |
| Fibonacci | 270.72 | 274.42 | 276.70 | 280.39 | 284.09 | 286.37 | 290.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.87 | 273.46 | 280.43 | 288.02 | 294.99 | 302.58 | 309.55 |
| Camarilla | 283.40 | 284.73 | 286.07 | 287.40 | 288.74 | 290.07 | 291.40 |
| Woodie | 265.56 | 273.31 | 280.12 | 287.87 | 294.68 | 302.43 | 309.24 |
| Fibonacci | 273.46 | 279.02 | 282.46 | 288.02 | 293.58 | 297.02 | 302.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 263.82 | 272.44 | 281.85 | 290.47 | 299.88 | 308.50 | 317.91 |
| Camarilla | 286.31 | 287.97 | 289.62 | 291.27 | 292.92 | 294.58 | 296.23 |
| Woodie | 264.23 | 272.64 | 282.26 | 290.67 | 300.29 | 308.70 | 318.32 |
| Fibonacci | 272.44 | 279.32 | 283.58 | 290.47 | 297.35 | 301.61 | 308.50 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.76 | |
| MACD (12,26,9): | 0.2600 | |
| Directional Movement: | -2.90 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 288.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 274.30 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 299.01 | |
| Zig ZAG (10): | 292.30 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 39.60 | |
| TEMA (21): | 287.63 | |
| Williams %R (14): | -27.36 | |
| Chande Momentum Oscillator (20): | -2.66 | |
| Repulse (5,40,3): | 4.5600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 5.23 |
| MA7: | 286.81 | |
| MA20: | 290.42 | |
| MA50: | 283.37 | |
| MA100: | 283.66 | |
| MAexp7: | 287.20 | |
| MAexp20: | 287.82 | |
| MAexp50: | 285.98 | |
| MAexp100: | 281.73 | |
| Price / MA7: | +1.91% | |
| Price / MA20: | +0.65% | |
| Price / MA50: | +3.15% | |
| Price / MA100: | +3.05% | |
| Price / MAexp7: | +1.78% | |
| Price / MAexp20: | +1.56% | |
| Price / MAexp50: | +2.21% | |
| Price / MAexp100: | +3.75% |
News
The last news published on THERMO FISHER SCIENTIFIC INC at the time of the generation of this analysis was as follows:
- Thermo Fisher Scientific Completes Acquisition of GSK Manufacturing Site in Cork, Ireland
- Thermo Fisher Scientific to Hold Earnings Conference Call on Wednesday, October 23, 2019
- Thermo Fisher Scientific Prices Offering of Senior Notes
- Thermo Fisher Scientific Elects New Director to Board
- Thermo Fisher Scientific Showcases New Innovations for the Clinic During AACC 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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