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Thermo Fisher Scientific Bullish Moving Average Crossover Alert (TMO)

By David Diaz

Thermo Fisher Scientific (NYSE:TMO) crossed over its 10-day moving average of $145.64 on a volume of 147K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Thermo Fisher Scientific has traded in a range of $117.10 to $147.94 and is now at $146.48, 25% above that low. 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