BIO-TECHNE CORP (TECH) Stock Technical Analysis
USA - NASDAQ:TECH - US09073M1045 - Common Stock
Overall TECH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TECH is only an average performer.
Although TECH has an excellent technical rating, it does not present a decent entry opportunity 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
3 important support areas can be observed.
- A support zone ranging from 58.66 to 58.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.40 from a trend line in the daily time frame.
- Support @49.30 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @69.73 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 | UP | POSITIVE | The long term trend for TECH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TECH is up. |
| ChartMill Relative Strength | 51.63 | NEUTRAL | TECH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TECH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TECH is above the rising 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) | 71.9 | OVERBOUGHT | The high RSI value suggests TECH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests TECH has a positive trend. |
| Stochastics (14,3) | 89.41 | OVERBOUGHT | The high Stochastics value suggests TECH may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.28 | POSITIVE | The high ADX value value for TECH suggests a strong trend. |
NASDAQ:TECH (10/27/2025, 10:28:47 AM)
65.46
-0.44 (-0.67%)
BIO-TECHNE CORP / TECH FAQ
Can you provide the ChartMill technical rating for BIO-TECHNE CORP?
ChartMill assigns a technical rating of 8 / 10 to TECH.
What is the trend direction for TECH stock?
The current trend direction for BIO-TECHNE CORP (TECH) is Bullish.
What is the RSI signal for BIO-TECHNE CORP (TECH) stock?
BIO-TECHNE CORP (TECH) has an RSI value of 71.8994. This indicates that the stock is currently overbought.
Can you provide the MACD signal for BIO-TECHNE CORP?
The MACD indicator for BIO-TECHNE CORP (TECH) has a value of 0.463456, 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 positive.