ThermoFisher's most recent trend suggests a bullish bias. One trading opportunity on ThermoFisher is a Bull Put Spread using a strike $230.00 short put and a strike $210.00 long put offers a potential 10.19% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $230.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $18.15 would be incurred if the stock dropped below the $210.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ThermoFisher is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for ThermoFisher is bullish.
The RSI indicator is at 79.45 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for ThermoFisher
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Waters Stock Soars after Strong Financial Results
Thu, 24 Jan 2019 15:19:24 +0000
Waters Stock Soars after Strong Financial ResultsStock performanceYesterday, Waters (WAT) stock closed at $229.51, ~12.69% higher than its prior closing price of $203.66 and ~37% higher than its 52-week low of $167.93 on October 23. It also hit a
Will Overall Growth Aid Thermo Fisher's (TMO) Q4 Earnings?
Thu, 24 Jan 2019 15:17:03 +0000
Thermo Fisher (TMO) rides high on a steadily strong analytical instrument business, flaunting robust global demand.
Thermo Fisher CEO Marc Casper speaks to Yahoo Finance at Davos 2019
Thu, 24 Jan 2019 14:46:33 +0000
Thermo Fisher CEO Marc Casper spoke with Yahoo Finance at Davos 2019, touching on topics including the U.S.-China trade war and tariffs, the U.S. business outlook, macro economics, and climate change.
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