ThermoFisher's most recent trend suggests a bullish bias. One trading opportunity on ThermoFisher is a Bull Put Spread using a strike $540.00 short put and a strike $520.00 long put offers a potential 28.21% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $540.00 by expiration. The full premium credit of $4.40 would be kept by the premium seller. The risk of $15.60 would be incurred if the stock dropped below the $520.00 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 67.56 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
Best Stocks to Buy Now September 2021
Thu, 19 Aug 2021 14:30:00 +0000
Outliers are the stocks that outperform the rest of the market for 100 years. They simply trounce the big averages because they possess great fundamentals and attract Big Money players.
Why Dividend Investors Shouldn't Bother With Thermo Fisher
Wed, 18 Aug 2021 14:10:46 +0000
Recurring dividend income can be a great way to help pay your bills and bolster your savings. Thermo Fisher Scientific (NYSE: TMO), which has raised its dividend in recent years, isn't worth your time if your priority is dividend income. Thermo Fisher currently pays its shareholders a quarterly dividend of $0.26, which yields just 0.19%.
Top Stock Reports for Thermo Fisher, McDonald's & Union Pacific
Tue, 10 Aug 2021 18:37:06 +0000
Today's Research Daily features new research reports on 16 major stocks, including Thermo Fisher Scientific Inc. (TMO), McDonald's Corporation (MCD), and Union Pacific Corporation (UNP).
Thermo Fisher (TMO) Hits a 52-Week High: What's Driving It?
Tue, 10 Aug 2021 13:53:01 +0000
Strong performance by the four reported business segments is driving the top line for Thermo Fisher (TMO).
Thermo Fisher Scientific Prices Offering of USD-Denominated Senior Notes
Mon, 09 Aug 2021 22:10:00 +0000
Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”) announced today that it has priced an offering of $3.1 billion aggregate principal amount (the “Offering”) of the following notes:
Related Posts
Also on Market Tamer…
Follow Us on Facebook