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TMO — 20-Day Breakout with Volume

Status: Invalidated

Scanner score: 45.0/100

Why this was flagged

TMO was identified as a bullish technical setup based on the 20-Day Breakout with Volume pattern. The scanner found a score of 45.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest daily-chart analysis no longer reports a bullish long setup.

Trade framework

Current price$572.32
Entry zone$572.32 – $576.61
Stop-loss / invalidation$546.60
Target 1$623.77
Target 2$649.49
Reward/risk2.00:1
Suggested holding windowAbout 3–10 trading days, provided price holds above the breakout area.
FoundJul 23, 2026 11:20 pm
Potential expirationAug 3, 2026 7:35 pm
Entry plan: Consider a limit order only within the displayed entry zone. If price does not enter that range, skip the trade rather than chasing it.

Position-sizing example

Reference entry$574.46
Planned risk per share$27.87
Example: $100 planned risk3 shares
Example: $250 planned risk8 shares

These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.

Exit plan

  1. Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
  2. Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
  3. Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
  4. Time exit: Reassess or close a trade that fails to progress within the suggested holding window.

Technical chart

Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.

$421.45$482.68$543.92$605.15$666.38Target 2 $649.49Target 1 $623.77Entry high $576.61Entry low $572.32Stop $546.60Mar 18, 2026Jul 27, 2026
CloseSMA 20EMA 20SMA 50SMA 200Entry zoneStop-lossTargets

$1,000 educational outcome examples

Example reference entry$574.46
Example fractional shares1.74
If Target 1 is reached$1,085.83 value (+8.6%)
If Target 2 is reached$1,130.61 value (+13.1%)
If the stop-loss is reached$951.49 value (-4.9%)

These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.

Easy explanation for new investors

Why the scanner noticed this stock
The scanner found Thermo Fisher Scientific Inc (TMO) because it is following a pattern called a 20-Day Breakout with Volume. This means the price moved above the highest point it reached in the last 20 days. Even more importantly, many more people were trading the stock than usual. The relative volume is 2.71 times higher than normal. This shows there is a lot of interest in the stock right now.

What the price plan means
The entry zone is between $572.39 and $576.68. If you enter here, the plan sets two targets for where the price might go: $623.84 and $649.56. To manage risk, there is a stop-loss at $546.67. A stop-loss is an automatic instruction to exit if the price drops too far. The reward-to-risk ratio is 2, which means the potential gain is twice as large as the potential loss.

What could make the idea fail
The stock's RSI is 71.28. RSI is a tool that measures how fast prices are moving. A high number like this can mean the stock is getting "overbought," which happens when people have bought too much too quickly. If the momentum slows down, the price could drop instead of hitting the targets.

Important reminder
This information is for educational purposes only and does not tell you what to do with your money.

Recent news context

This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.

Overall context: Positive (High confidence)

Thermo Fisher Scientific reported strong second-quarter 2026 financial results, characterized by a 10% revenue increase to $11.99 billion and an adjusted EPS of $6.03, both of which exceeded analyst estimates. The company demonstrated growth through organic revenue increases, new product launches, and strategic capital deployment, including the divestiture of its microbiology business and $1.0 billion in stock repurchases. Following these results, the stock outperformed the broader market during a negative trading session, and several analysts have raised their price targets.

Potentially supportive context

  • Q2 2026 revenue reached $11.99 billion, surpassing analyst estimates.
  • Adjusted EPS of $6.03 exceeded consensus expectations by 5.6%.
  • Executed capital deployment via a $1.0 billion stock repurchase and business divestiture.

Risks and caution items

  • Reported a decline in adjusted operating margin.
  • Recent stock price volatility was previously influenced by lower outlooks from industry peers.

Latest reviewed article: Jul 23, 2026 6:08 pm

Recent related articles

Thermo Fisher Scientific Reports Second Quarter 2026 ResultsBioSpace · Jul 23, 2026 · Provider label: Bullish

Thermo Fisher Scientific reported strong second-quarter 2026 financial results, with revenue growing 10% to $11.99 billion and GAAP diluted EPS increasing 9% to $4.68. The company highlighted outstanding performance driven by its growth strategy, including the introduction of innovative new products and…

Thermo Fisher Scientific Inc. stock rises Thursday, outperforms marketMarketWatch · Jul 23, 2026 · Provider label: Bullish

Shares of Thermo Fisher Scientific Inc. (TMO) rose 8.71% to $572.32 on Thursday, outperforming the broader market. This gain occurred during a generally negative trading session where the S&P 500 Index fell 1.21% and the Dow Jones Industrial Average dropped 0.97%. This…

Thermo Fisher Scientific Stock Climbs As Analysts Ramp Up Bullish CallsStocksToTrade · Jul 23, 2026 · Provider label: Bullish

Thermo Fisher Scientific (TMO) stock has climbed by over 10% following strong earnings and raised full-year guidance, leading analysts to issue bullish ratings and increase price targets. Deutsche Bank issued a "Catalyst Call: Buy" ahead of Q2 2026 earnings, citing overly negative…

Thermo Fisher Scientific (TMO) Q2 2026 earnings summaryQuartr · Jul 23, 2026 · Provider label: Bullish

Thermo Fisher Scientific reported robust Q2 2026 results with a 10% year-over-year revenue increase to $11.99 billion and a 5% organic revenue growth. Diluted GAAP EPS rose by 9% to $4.68, and adjusted EPS increased by 13% to $6.03. The company saw…

Thermo Fisher stock rebounds after Q2 beat (TMO:NYSE)Seeking Alpha · Jul 23, 2026 · Provider label: Neutral

Thermo Fisher Scientific (TMO) saw its stock rebound by approximately 5% in premarket trading after reporting better-than-expected Q2 2026 results. This comes after a recent decline influenced by a peer's lower outlook. The life sciences company is based in Waltham, Massachusetts.

Thermo Fisher: Q2 Earnings SnapshotWKYC · Jul 23, 2026 · Provider label: Neutral

The article provides an earnings snapshot for Thermo Fisher's second quarter. However, the content appears to be missing, as only a privacy notice and image links are present. Therefore, no specific financial details or performance insights are available.

Thermo Fisher Scientific reports Q2 revenue $11.99B, adjusted EPS $6.03TradingView · Jul 23, 2026 · Provider label: Bullish

Thermo Fisher Scientific reported its second-quarter 2026 financial results, achieving $11.99 billion in revenue and an adjusted diluted EPS of $6.03. The company saw 5% organic revenue growth year-over-year and highlighted new product launches, strategic collaborations, and capital deployment actions, including stock…

Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.

Scanner confirmations

  • Current volume is at least 1.25x the 20-day average volume.
  • Price closed above the prior 20-day high with above-average volume.
Important: This is an automated educational screening result, not a buy recommendation. Confirm price, liquidity, earnings dates, news, and your own risk before entering any trade.
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