Current Price
Open: $486.73
Day Range: $486.00 - $491.54
Volume: 1.9M
Trading Levels
Entry (Breakout): $488.52
Take Profit Target: $509.64
Stop Loss: $446.28
Box Height: $42.24
Box Type: 21MA
Squeeze: VERY WIDE SQUEEZE
Key Statistics
Market Cap: $184.7B
P/E Ratio: 28.25
Dividend Yield: 0.35%
52W Low: $385.46
52W High: $627.88
Avg Volume: 2.8M
Price Chart (Last 6 Months)
Company Profile
Sector
Healthcare
Industry
Diagnostics & Research
Employees
125,000
Business Summary
Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery and production of drugs and vaccines, as well as diagnosis of infections and diseases. Its Analytical Instruments segment provides instrum...
Trading Strategy
Entry Signal: This stock is showing a 21MA breakout pattern. Consider entering a long position if price breaks above $488.52with volume confirmation.
Take Profit: Target price is $509.64, which is the breakout level plus the box height ($42.24).
Stop Loss: Place stop loss below $446.28to limit downside risk.
Risk/Reward: Box height of $42.24 provides favorable risk/reward when combined with proper position sizing.