BIO-TECHNE CORP (TECH)

US09073M1045 - Common Stock

73.17  +1.78 (+2.49%)

Premarket: 74.98 +1.81 (+2.47%)

Technical Rating and Analysis

3

Overall TECH gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TECH was also a bad performer in the overall market in the last year.

70% of all other stocks performed better in the past year than TECH.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TECH is an average performer in the Life Sciences Tools & Services industry, it outperforms 51% of 57 stocks in the same industry.
TECH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TECH is lagging the market slightly.
In the last month TECH has a been trading in the 69.48 - 78.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TECH Weekly chart
TECH Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, TECH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 69.17, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

65.71

84.65

When analyzing the support we notice one important area.

  • A support zone ranging from 66.37 to 69.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 73.29 to 77.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 79.05 to 79.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @82.35 from a horizontal line in the daily time frame.
  • Resistance @83.81 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.04
Mansfield-0.95
10 Day High78.42
10 Day Low69.48
20 Day High78.42
20 Day Low69.48
52 Week High85.57
52 Week Low61.16
Performance
1 Week-3.33%
2 Weeks-1.8%
1 Month2.98%
3 Month-6.55%
6 Month-0.67%
12 Month-5.61%
2 Year-11.72%
3 Year-43.43%
5 Year33.33%
10 Year216.75%
15 Year326.9%
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)
Technical Indicators
MACD(12,26,9)-0.45
RSI(14)46.9
LBB71.26
UBB78.8
TECH Daily chart

BIO-TECHNE CORP

NASDAQ:TECH (12/20/2024, 8:00:01 PM)

Premarket: 74.98 +1.81 (+2.47%)

73.17

+1.78 (+2.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.49%
1 Week-3.33%
2 Weeks-1.8%
1 Month2.98%
3 Month-6.55%
6 Month-0.67%
12 Month-5.61%
2 Year-11.72%
3 Year-43.43%
5 Year33.33%
10 Year216.75%
15 Year326.9%
Volatility
ATR(14)2.49
ATR(20)%3.3%
ATR Inc20.45%
Range Today3.02
ADR(20)2.35
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.04
Mansfield-0.95
10 Day High78.42
10 Day Low69.48
20 Day High78.42
20 Day Low69.48
52 Week High85.57
52 Week Low61.16
CS1 End69.17
CR1 Start73.29
Volume & EV
DER(3)-0.62%
DER(5)1.12%
Volume2.22M
Volume Incr7.48%
Vol(5)1.04M
Vol(50)968.23K