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Thermo Fisher Scientific Bullish Moving Average Crossover Alert (TMO)

By James Quinn

Thermo Fisher Scientific (NYSE:TMO) crossed over its 10-day moving average of $155.12 on a volume of 238K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Thermo Fisher Scientific have traded between a low of $117.10 and a high of $160.68 and are now at $155.66, which is 33% above that low price. The 200-day and 50-day moving averages have moved 0.13% higher and 0.85% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Thermo Fisher Scientific and will alert subscribers who have TMO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses thermo fisher scientific

Ticker(s): TMO