ThermoFisher's most recent trend suggests a bullish bias. One trading opportunity on ThermoFisher is a Bull Put Spread using a strike $220.00 short put and a strike $200.00 long put offers a potential 7.24% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $220.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $18.65 would be incurred if the stock dropped below the $200.00 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 up which suggests that the medium-term momentum for ThermoFisher is bullish.
The RSI indicator is at 66.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ThermoFisher
See what the IHS Markit Score report has to say about Thermo Fisher Scientific Inc.
Tue, 15 Jan 2019 13:02:45 +0000
# Thermo Fisher Scientific Inc
### NYSE:TMO
View full report here!
## Summary
* Bearish sentiment is low
* Economic output for the sector is expanding but at a slower rate
## Bearish sentiment
Short interest | Positive
Short interest is extremely low for TMO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TMO.
## Money flow
ETF/Index ownership | Neutral
ETF activity is neutral. The net inflows of $11.67 billion over the last one-month into ETFs that hold TMO are not among the highest of the last year and have been slowing.
## Economic sentiment
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.
## Credit worthiness
Credit default swap
CDS data is not available for this security.
Please send all inquiries related to the report to score@ihsmarkit.com.
Charts and report PDFs will only be available for 30 days after publishing.
This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
UK competition watchdog to take a deeper look at Thermo Fisher Roper deal
Mon, 07 Jan 2019 08:53:46 +0000
The Competition and Markets Authority (CMA) said Thermo Fisher Scientific had not offered any undertakings to ease the watchdog's concerns. CMA previously said the deal to buy Gatan raised concerns that prices of microscopes could go up and quality could suffer. U.S.-based Thermo Fisher – the world's largest maker of scientific instruments – said in June it would buy Gatan, a Pleasanton, California-based maker of instruments and software used to enhance the performance of electron microscopes.
Will Thermo Fisher (TMO) Beat Estimates Again in Its Next Earnings Report?
Fri, 04 Jan 2019 15:10:03 +0000
Thermo Fisher (TMO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Thermo Fisher Scientific to Hold Earnings Conference Call on Wednesday, January 30, 2019
Thu, 03 Jan 2019 13:00:00 +0000
WALTHAM, Mass. , Jan. 3, 2019 /PRNewswire/ — Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that it will release its financial results for the 2018 fourth quarter …
Thermo Fisher Scientific to Present at 37th Annual J.P. Morgan Healthcare Conference on January 8, 2019
Wed, 02 Jan 2019 13:00:00 +0000
WALTHAM, Mass. , Jan. 2, 2019 /PRNewswire/ — Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that Marc N. Casper , president and chief executive officer, will …
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