ThermoFisher's most recent trend suggests a bullish bias. One trading opportunity on ThermoFisher is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 12.99% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock dropped below the $115.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for ThermoFisher is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for ThermoFisher is bearish.
The RSI indicator is at 57.39 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
Billionaire Larry Robbins’ Big Q4 Moves in Humana Inc. (HUM), CIGNA Corporation (CI) and Others
Tue, 23 Feb 2016 18:08:44 GMT
Thermo Fisher To Offer Anti-Zika Virus Test Kits, Notes First Tests Available In US
Tue, 23 Feb 2016 12:51:19 GMT
How a Strong Product Portfolio Drives Thermo Fisher’s Valuations
Thu, 18 Feb 2016 19:32:38 GMT
Thermo Fisher Scientific: What’s Been Driving Growth?
Thu, 18 Feb 2016 19:32:28 GMT
Next-Generation Large Molecule Affinity Purification Solution Improves Biotherapeutic, Disease Biomarker and Sports Anti-Doping Bioanalysis
Wed, 17 Feb 2016 13:30:00 GMT
Business Wire – WALTHAM, Mass.–(BUSINESSWIRE)– A new, fully automated affinity purification solution is designed to enable scientists to analyze large biomolecules, such as proteins and antibodies, with improved accuracy, …
Related Posts
Also on Market Tamer…
Follow Us on Facebook