TMO chart analysis today

TMO broke down from a rising wedge 2 days ago on thin volume. Above $631.09 the break has failed.

Thermo Fisher Scientific · daily · last close $600.50 · read computed from candles through 2026-09-01. No AI, no signal, no target.

TMO · Dailydaily
$418.33$479.73$541.13$602.54$663.94avg638682031934100VolumeResistance $603.13 · 3 touchesSupport $559.61 · 3 touchesPOLERISING WEDGEBroke out $631.09Breaks above $631.09Breaks below $583.64Weekly resistance $612.41

The two prices that decide it

Above
$631.09 · the breakout
Below
$583.64 · the double bottom
Formation state
Broke below $631.09 2 days ago on thin volume. No retest yet.
Trend
a series of higher highs and higher lows over the window, 6 steps across 52 bars, still intact
Agreement
Structure 2 of 4 (mixed) · indicators 1 of 3 (low)

Levels and what happened there

  • Resistance $603.13
  • Resistance $615.97
  • Support $559.61
  • The last three times price reached $603.13 it held once, bouncing 7.3%, and broke through twice.
  • The last two times price reached $615.97 it held once, bouncing 5.0%, and broke through once.
  • The last three times price reached $559.61 it held every time, bouncing 8.0% on average.
  • Bigger picture Weekly flat, daily rising. weekly — no clear direction, nearest resistance $612.41, symmetrical triangle at $475.35.
  • 52 weeks 7.2% below its 52-week high of $647.00 and 38% above its 52-week low of $435.27.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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