Summary:
- MACD is crossing MACD signal line at 2.6. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
Covid-19 test play Thermo Fisher Scientific stock is near a buy point. TMO stock is up more than 100% on its coronavirus crash lows.
Thermo will take over a company that has developed a rapid Covid test. The deal is expected to close this quarter.
Shares of Thermo Fisher Scientific Inc. are up 1.3% in premarket trading on Tuesday after the company said it will spend $450 million in cash to acquire Mesa Biotech Inc., a privately held medical testing company. It will also pay the company up to $100 million in additional milestone payments. Mesa has developed several tests, including a molecular diagnostic test for COVID-19 that has been authorized by the Food and Drug Administration. "The addition of Mesa Biotech's easy-to-use, rapid PCR-ba...
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced it has entered into a definitive agreement to acquire Mesa Biotech, Inc., a privately held molecular diagnostic company, for approximately $450 million in cash. Under the terms of the agreement, Thermo Fisher will pay up to an additional $100 million in cash upon the completion of certain milestones following the close of the transaction.
The addition of Henogen's manufacturing capabilities in Europe complement Thermo Fisher's (TMO) four development and manufacturing sites in North America.
Thermo Fisher, Catalent, Teladoc Health, One Medical and ISRG stock are rallying on Covid testing and coronavirus vaccine rollouts and post-pandemic hopes.
Thermo Fisher Scientific (TMO) closed at $503.14 in the latest trading session, marking a +1.25% move from the prior day.
Thermo Fisher Scientific Inc., (NYSE: TMO), the world leader in serving science, and Groupe Novasep SAS (Novasep), a leading supplier of services and technologies for the life sciences industry, today announced that Thermo Fisher has completed the acquisition of Henogen S.A., Novasep's viral vector manufacturing business in Belgium for approximately €725 million in cash.