58.51 USD
-1.75 (-2.9%)
58.51 USD
0 (0%)
Overall TECH gets a technical rating of 1 out of 10. In the last year, TECH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, TECH is a bad performer in the overall market: 70% of all stocks are doing better.
TECH is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 62% of 57 stocks in the same industry do better.
In the last month TECH has a been trading in the 57.02 - 66.06 range, which is quite wide. It is currently trading near the lows of this range.
TECH has an average volume of 1963470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TECH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TECH is lagging the market.
TECH has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
48.81
69.10
When analyzing the support we can see 4 important areas.
- Support @56.38 from a trend line in the weekly time frame.
- Support @52.89 from a trend line in the daily time frame.
- A support zone ranging from 50.41 to 50.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @58.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 61.29 to 61.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 63.90 to 64.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.91 to 66.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @68.42 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TECH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TECH is down. |
| ChartMill Relative Strength | 30.87 | NEUTRAL | TECH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TECH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TECH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TECH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.94 | NEUTRAL | The RSI value for TECH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests TECH has a negative trend. |
| Stochastics (14,3) | 20.53 | NEUTRAL | The Stochastics value for TECH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for TECH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
58.51
-1.75 (-2.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.9%
1 Week-5.14%
2 Weeks-9.3%
1 Month-3.69%
3 Month14.14%
6 Month15.82%
12 Month-22.7%
2 Year-24.17%
3 Year-29.4%
5 Year-26.3%
10 Year160.04%
15 Year256.39%
Volatility
ATR(14)2.04
ATR(20)%3.5%
ATR Inc-0.78%
Range Today2.35
ADR(20)2.01
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.87
3 months CRS85.66
6 months CRS72.57
Mansfield-1.04
10 Day High65.25
10 Day Low58.24
20 Day High66.06
20 Day Low57.02
52 Week High79.28
52 Week Low46.01
CS1 End56.38
CR1 Start58.66
Volume & EV
DER(3)0.86%
DER(5)0.91%
Volume2.37M
Volume Incr10.32%
Vol(5)2.01M
Vol(50)1.96M
BIO-TECHNE CORP / TECH FAQ
Can you provide the ChartMill technical rating for BIO-TECHNE CORP?
ChartMill assigns a technical rating of 1 / 10 to TECH.
What is the trend direction for TECH stock?
The current trend direction for BIO-TECHNE CORP (TECH) is Bearish.
What is the RSI signal for BIO-TECHNE CORP (TECH) stock?
BIO-TECHNE CORP (TECH) has an RSI value of 41.9386. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIO-TECHNE CORP?
The MACD indicator for BIO-TECHNE CORP (TECH) has a value of -0.502738, indicating a bearish trend.
What is the short term momentum for BIO-TECHNE CORP (TECH) stock?
The short term momentum for BIO-TECHNE CORP (TECH) is negative.