BIO-TECHNE CORP (TECH) Stock Technical Analysis
NASDAQ:TECH - Nasdaq - US09073M1045 - Common Stock - Currency: USD
Taking everything into account, TECH scores 1 out of 10 in our technical rating. TECH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TECH is a bad performer in the overall market: 85% of all stocks are doing better.
TECH is currently trading in the lower part 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.
In the last month TECH has a been trading in the 46.01 - 54.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TECH has an average volume of 2231800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TECH is an average performer in the Life Sciences Tools & Services industry, it outperforms 44% of 55 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
47.03
81.16
When analyzing the support we notice one important area.
- A support zone ranging from 47.50 to 48.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @74.05 from a trend line in the weekly time frame.
- A resistance zone ranging from 75.96 to 77.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @80.36 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.47
Mansfield-2.47
10 Day High54.4
10 Day Low46.77
20 Day High54.4
20 Day Low46.01
52 Week High84.22
52 Week Low46.01
Performance
1 Week8.23%
2 Weeks7.26%
1 Month6.27%
3 Month-18.26%
6 Month-20.23%
12 Month-35.68%
2 Year-34.1%
3 Year-41.69%
5 Year-18.58%
10 Year112.94%
15 Year256.07%
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)0.69
RSI(14)56.17
LBB47.59
UBB52.74
NASDAQ:TECH (5/13/2025, 12:50:51 PM)
52.73
-1.17 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.17%
1 Week8.23%
2 Weeks7.26%
1 Month6.27%
3 Month-18.26%
6 Month-20.23%
12 Month-35.68%
2 Year-34.1%
3 Year-41.69%
5 Year-18.58%
10 Year112.94%
15 Year256.07%
Volatility
ATR(14)2.4
ATR(20)%4.31%
ATR Inc18.85%
Range Today1.1
ADR(20)2.09
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.47
Mansfield-2.47
10 Day High54.4
10 Day Low46.77
20 Day High54.4
20 Day Low46.01
52 Week High84.22
52 Week Low46.01
CS1 End48.09
CR1 Start74.05
Volume & EV
DER(3)-3.5%
DER(5)-2.09%
Volume974.77K
Volume Incr60.37%
Vol(5)3.56M
Vol(50)2.23M