🇨🇦 Canada ETF Radar · TOR

TMO

Thermo Fisher Scientific Inc.

Other · Unclassified · Unclassified

Reversal candidate
Recent price path TMO recent weekly close path 20 CAD 24 Jul 2026
Weekly Return 6.4% latest completed week
4-Week Return 10.3% short momentum
Trend Gap 9.9% Trend negative
Fair Gap 9.4% vs fair value
Volume 1.5x 61.6K latest
Market Dynamics 0.81 positive and improving
Relative Strength - vs country ETF tape
Opportunity 29.0 composite radar score
Risk 12.0 -10.3% drawdown · 3.6% volatility
Price Action

Price, Trend Line, Fair Value

12 months
TMO weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
TMO Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Market Dynamics improving Volume 1.5x

Volume is expanding versus normal activity, which can mark institutional attention or stress.

Pressure is improving from a weaker base.

TMO sits in Other, so read it as a Canada exposure first and a single ETF second.

The latest week moved 6.4%; the four-week move is 10.3%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 1.5x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
  • Recovering from a weaker base with improving pressure
  • Volume confirmation is supporting the latest move
  • Composite opportunity score is in the stronger part of the radar
Risk Signals

What needs caution

  • Negative trend with elevated volume
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 UNP · TOR Union Pacific Corporation 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.4% 4W 15.2% Vol 7.8x 2.4% 2 SUHI · TOR Ninepoint Suncor Highshares ETF 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 8.4% 4W 21.0% Vol 1.8x 8.4% 3 CQHI · TOR Ninepoint Canadian Natural Resources Highshares ETF 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 9.3% 4W 17.6% Vol 0.5x 9.3% 4 CRHI · TOR Ninepoint Cnr Highshares ETF 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.4% 4W 6.6% Vol 2.7x 1.4% 5 JPM · TOR JPMorgan Chase & Co. 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.2% 4W 7.5% Vol 0.8x 3.2% 6 CVS · TOR CVS Health Corporation 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.8% 4W 4.3% Vol 4.5x 0.8% 7 CBNK · TOR Mulvihill Canadian Bank Enhanced Y ETF 🇨🇦 Canada · Other Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -3.1% 4W 1.9% Vol 1.6x -3.1% 8 TTES · TOR TotalEnergies SE 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.6% 4W 10.8% Vol 1.6x 7.6% 9 INGS · TOR ING Groep N.V. 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.1% 4W 7.1% Vol <0.1x 3.1% 10 ABBV · TOR AbbVie Inc. 🇨🇦 Canada · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.2% 4W 3.2% Vol 3.2x 1.2%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

17 Jul 2026 Crossed above Trend Line 19 CAD · 1.3%
TMO

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
26 Dec 2025 21 CAD - 21 CAD % - - 2.5K
2 Jan 2026 21 CAD - 21 CAD 1.0% - - 6.0K
9 Jan 2026 22 CAD - 21 CAD 3.4% - - 10.2K
16 Jan 2026 22 CAD - 22 CAD 2.2% 0.00 - 11.4K
23 Jan 2026 23 CAD - 22 CAD 0.7% 0.00 - 13.8K
30 Jan 2026 21 CAD - 22 CAD -7.4% 0.00 - 11.2K
6 Feb 2026 20 CAD - 21 CAD -5.7% 0.00 - 8.2K
13 Feb 2026 18 CAD - 21 CAD -7.5% 0.00 - 14.4K
20 Feb 2026 18 CAD - 21 CAD 1.3% 0.00 - 60.0K
27 Feb 2026 19 CAD - 21 CAD 1.6% 0.00 - 21.7K
6 Mar 2026 18 CAD - 20 CAD -3.4% 0.00 - 86.7K
13 Mar 2026 17 CAD - 20 CAD -7.2% 0.00 - 45.9K
20 Mar 2026 17 CAD - 20 CAD 1.0% 0.00 - 12.6K
27 Mar 2026 17 CAD - 20 CAD 0.5% 0.00 - 20.7K
3 Apr 2026 18 CAD - 19 CAD 3.6% 0.00 - 13.4K
10 Apr 2026 18 CAD - 19 CAD 1.1% 0.00 - 14.3K
17 Apr 2026 19 CAD - 19 CAD 5.8% 0.00 - 18.2K
24 Apr 2026 17 CAD - 19 CAD -11.1% 0.00 - 643.7K
1 May 2026 17 CAD - 19 CAD 0.1% 0.00 - 28.7K
8 May 2026 17 CAD - 19 CAD -1.0% 0.00 - 32.6K
15 May 2026 16 CAD - 19 CAD -5.6% 0.00 - 52.9K
22 May 2026 16 CAD - 19 CAD 2.2% 0.00 - 70.6K
29 May 2026 18 CAD - 19 CAD 9.9% 0.00 - 29.5K
5 Jun 2026 17 CAD - 19 CAD -4.4% - - 1.0K
12 Jun 2026 17 CAD - 18 CAD -0.5% - - 12.7K
19 Jun 2026 17 CAD - 18 CAD 0.0% - - 1.8K
26 Jun 2026 18 CAD - 18 CAD 9.2% - - 39.2K
3 Jul 2026 18 CAD - 18 CAD 0.0% - - 10.7K
10 Jul 2026 19 CAD - 18 CAD 2.4% 0.60 - 155.6K
17 Jul 2026 19 CAD 18 CAD 18 CAD 1.3% 0.80 - 8.8K
24 Jul 2026 20 CAD 18 CAD 19 CAD 6.4% 0.81 - 61.6K