Thermo Fisher Scientific(TMO)
Auto-detected technical analysis for TMO · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
TMO is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.
A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $565.02 (−10.5%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; TMO's own rising wedges have hit 47.6%.
New to this pattern? What a rising wedge is and how to trade it →
TMO's most recent completed rising wedge resolved as a win: it broke down on Jan 28, 2026 near $618.64, then reached its target at $565.02 on Feb 4, 2026 — a 8.7% move (+2.12R) over 5 sessions. Across 118 backtested rising wedges, this setup wins 53.4% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.
Every completed pattern trade our nightly backtest found on TMO's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jan 28, 2026 @ $618.64 | Feb 4, 2026 @ $565.02 | Win | +10.5% · +2.12R |
| Falling Wedge | Jun 6, 2025 @ $403.90 | Jun 17, 2025 @ $390.26 | Loss | +14.5% · -1.08R |
| Falling Wedge | Mar 27, 2025 @ $509.00 | Mar 31, 2025 @ $485.45 | Win | +5.0% · +1.32R |
| Rising Wedge | Jun 13, 2024 @ $568.07 | Jul 25, 2024 @ $594.50 | Loss | +11.2% · -1.48R |
| Triangle | Feb 28, 2024 @ $568.42 | Mar 14, 2024 @ $584.91 | Win | +6.1% · +0.48R |
| Falling Wedge | Jun 2, 2023 @ $524.58 | Sep 27, 2023 @ $498.29 | Loss | +12.1% · -1.01R |
| Triangle | Mar 21, 2023 @ $554.38 | Apr 19, 2023 @ $579.92 | Win | +6.2% · +1.14R |
| Triangle | Jan 10, 2023 @ $569.82 | May 16, 2023 @ $519.75 | Loss | +9.1% · -1.06R |
| Falling Wedge | Nov 10, 2022 @ $507.02 | Nov 28, 2022 @ $540.03 | Win | +9.1% · +1.06R |
| Bullish Pennant | Jul 6, 2022 @ $547.12 | Oct 20, 2022 @ $486.86 | Loss | +23.0% · -1.22R |
| Triangle | May 16, 2022 @ $543.51 | Jun 13, 2022 @ $511.91 | Loss | +12.5% · -1.01R |
| Rising Wedge | Dec 1, 2021 @ $631.76 | Dec 31, 2021 @ $667.24 | Loss | +11.3% · -1.02R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $426.70 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $610.95 — still about 16% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $524.72 | $528.81 | $517.60 | $526.46 |
| Jul 21, 2026 | $507.10 | $526.38 | $495.04 | $523.46 |
| Jul 20, 2026 | $530.57 | $532.55 | $522.56 | $526.23 |
| Jul 17, 2026 | $539.10 | $542.02 | $531.62 | $532.48 |
| Jul 16, 2026 | $536.25 | $544.45 | $532.01 | $543.19 |
| Jul 15, 2026 | $537.24 | $540.37 | $533.83 | $535.29 |
| Jul 14, 2026 | $525.01 | $537.82 | $523.35 | $534.07 |
| Jul 13, 2026 | $524.20 | $534.73 | $521.77 | $528.51 |
| Jul 10, 2026 | $525.50 | $533.08 | $522.60 | $527.05 |
| Jul 9, 2026 | $509.99 | $524.85 | $506.98 | $524.71 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.