Thermo Fisher Scientific (TMO) Bullish Structure Remains Intact Amid Solid Earnings

Thermo Fisher Scientific (TMO) Bullish Structure Remains Intact Amid Solid Earnings

 Published: October 21st, 2025

Thermo Fisher reported $10.86 billion in revenue last quarter, up 3% year over year and 1.6% over analysts' revenue projections. With a modest beat of analysts' revenue predictions and a small beat of analysts' natural revenue estimates, the company had a successful quarter.

Analysts predict that Thermo Fisher's revenue will increase by 3% year over year to $10.92 billion this quarter, up from the same quarter a year ago. It is anticipated that adjusted earnings will be $5.50 per share.

Thermo Fisher's Analytical Instruments division, which relies on its mass spectrometry, chromatography, and electron microscopy operations, is anticipated to have produced robust sales. The business introduced the Scios 3 and Talos 12 electron microscopes in the third quarter.

Thermo Fisher introduced Gibco Efficient-Pro Medium (+) Insulin in the third quarter of the year. This next-generation medium is designed to boost titers, thereby optimizing productivity and improving the performance of insulin-dependent CHO cell lines.

To expedite the research and commercialization of cell therapies, Thermo Fisher also established the Advanced Therapies Collaboration Center (ATxCC) in Carlsbad, CA, during the previous quarter. Thermo Fisher may have benefited from these developments during the quarter that will be published.

Is it a good time to buy Thermo Fisher Scientific stock? Let's take a close look at the TMO technical analysis:

Thermo Fisher Scientific Stock (TMO) Daily Chart

Thermo Fisher Scientific Stock (TMO) Daily Chart Technical Analysis 21st October 2025

In the daily chart of Thermo Fisher Scientific, the ongoing market momentum is bullish, supported by a potential range breakout with a solid bottom formation. As long as the price remains above the near-term support level, we may expect a bullish continuation toward the existing monthly resistance.

Looking at the higher timeframe, the ongoing buying pressure appears strong, with a bullish inside-bar breakout visible on the monthly chart. Moreover, the weekly price shows a bullish recovery with a rally-base-rally formation. Given the current price's sideways movement following a strong weekly close at 542.9, we anticipate a potential trend continuation in the days ahead.

In terms of volume, buyers are in control, as the highest activity level in the past year is at 408.98. However, the gap between the price and the high-volume line has widened due to the recent expansion from 456.91. As the price is trading in an overextended zone, a potential downside correction is pending, even though the major market pressure remains on the buyers' side.

According to the daily chart, the price is hovering between the mid and upper Bollinger Band lines, indicating sufficient room for further upside movement toward the upper band.

On the other hand, the major market structure remains bullish, supported by a breakout above the 200-day SMA. Although the 200-day SMA remains relatively flat below the current price, the breakout is significant as it was driven by a strong bullish impulse.

In the secondary indicator window, the Relative Strength Index (RSI) shows additional buying pressure, as the recent line has rebounded toward the 70.00 overbought level.

Based on the broader market structure, the near-term support level is located around 519.32, which could act as a crucial area to watch. The bullish continuation remains valid as long as the price holds above 519.32, with an ultimate target to test the 580.00 key resistance level.

On the other hand, a break below the 500.00 psychological level could find support near the 200-day SMA, where additional buying interest might appear around the 480.00 and 440.00 zones.

Failure to hold above the mid-Bollinger Band line, accompanied by a bearish counter-pressure and a daily candle close below 456.91, could be an alarming sign for bulls. Such a scenario might signal an extended downside correction, with the ultimate target around the 390.95 support level.

Thermo Fisher Scientific Stock (TMO) H4 Chart

Thermo Fisher Scientific Stock (TMO) H4 Chart Technical Analysis 21st October 2025

In the four-hour timeframe, the ongoing market momentum for TMO stock is bullish. The price has shown a strong bullish breakout above the cloud area, with no sign of counter bearish pressure. Moreover, the future cloud looks positive, as both leading lines are heading upward, signaling a potential bullish continuation opportunity.

In the secondary indicator window, the MACD histogram has started to lose its selling pressure and is approaching the neutral area. Additionally, the signal line is hovering above the neutral point with no sign of a bearish crossover.

Based on this market structure, investors should closely monitor how the price reacts at the nearest support level. A failure to drop below this key level, followed by immediate bullish pressure, could present a potential long opportunity.

On the other hand, a valid bearish cloud breakout is needed before anticipating further downside movement. In that case, a stable price below the 500.00 psychological level could open a short opportunity, targeting the 456.16 key support level.

Thermo Fisher Scientific Stock (TMO) H1 Chart

Thermo Fisher Scientific Stock (TMO) H1 Chart Technical Analysis 21st October 2025

In the hourly timeframe, the recent price is trading sideways after setting a top near the 550.00 area. However, the bullish wave from the 457.34 level shows no sign of exhaustion at the top.

Moreover, the ongoing bullish pressure is supported by a rising EMA wave and the weekly VWAP level, suggesting potential buying interest.

In the secondary indicator window, the Traders Dynamic Index (TDI) is moving sideways, with the current line hovering around the 50.00 neutral level.

Based on this outlook, a range breakout is needed before anticipating a trend-trading opportunity. Primarily, the upside resistance lies near 550.44, which must be broken to confirm a move toward the 600.00 psychological level.

On the other hand, a potential downside correction might find support near 519.80, which is just above the EMA wave. A break below 519.80 with strong bearish pressure could push the price lower toward the 480.00 area.

Should You Try Buying Thermo Fisher Scientific Stock (TMO)?

Based on the broader market structure, TMO is trading within a bullish trend, with a solid bottom formation below the current price. A continuation of the upward momentum is likely as long as the price remains above the near-term support level, with the ultimate aim of moving beyond the 600.00 psychological mark.

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