Technical Analysis for TECH - Techne Corporation

Grade Last Price % Change Price Change
D 71.88 -0.88% -0.64
TECH closed down 0.88 percent on Monday, March 18, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
50 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
200 DMA Resistance Bearish -0.88%
Bullish Engulfing Bullish -0.88%
Crossed Above 50 DMA Bullish -0.88%
Pocket Pivot Bullish Swing Setup -0.88%
Bollinger Band Squeeze Range Contraction -0.88%
BB Squeeze Started Range Contraction -0.88%

   Recent Intraday Alerts

Alert Time
Down 2 % about 14 hours ago
Possible NR7 about 14 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Fell Below 50 DMA about 18 hours ago
50 DMA Support about 18 hours ago

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Profile

Techne Corporation Description

TECHNE Corporation develops, manufactures, and sells biotechnology research and diagnostic products, and hematology calibrators and controls worldwide. The company's Biotechnology segment offers proteins, such as cytokines, and enzyme substrates and inhibitors; antibodies, including polyclonal and monoclonal antibodies; immunoassays comprising quantikine kits for the detection of human and animal proteins, and immunoassays that allow researchers to quantify a specific analyte in a biological fluids sample; clinical diagnostic immunoassay kits consisting of erythropoietin, transferrin receptor, and beta2-microglobulin immunoassays for use as in vitro diagnostic devices; flow cytometry products, such as fluorochrome labeled antibodies and kits; intracellular cell signaling products, including antibodies, phospho-specific antibodies, antibody arrays, active caspases, kinases, phosphatases, and enzyme-linked immunosorbant assays to measure the activity of apoptotic and signaling molecules; and natural and synthetic chemical compounds for use as agonists, antagonists, and inhibitors of various biological functions by investigators. Its Hematology segment provides a range of hematology controls and calibrators for impedance and laser type cell counters; and hematology control products for use as proficiency testing tools by laboratory certifying authorities. The company was founded in 1976 and is headquartered in Minneapolis, Minnesota.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: S&P 500 Biotechnology Life Sciences Biology Immunology Immune System Laser Antibodies Monoclonal Antibodies Monoclonal Antibody Chemical Compounds Antibody Hematology In Vitro Diagnostic Products Technology Segment Cytokine Immunoassay Cell Signaling Flow Cytometry Biotechnology Research Diagnostic Devices Erythropoietin In Vitro Diagnostic Device Biotechnology Segment

Is TECH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 89.5943
52 Week Low 51.6685
Average Volume 1,080,078
200-Day Moving Average 72.74
50-Day Moving Average 71.55
20-Day Moving Average 73.36
10-Day Moving Average 73.95
Average True Range 2.33
RSI (14) 47.37
ADX 19.83
+DI 18.43
-DI 26.82
Chandelier Exit (Long, 3 ATRs) 71.75
Chandelier Exit (Short, 3 ATRs) 76.61
Upper Bollinger Bands 76.95
Lower Bollinger Band 69.77
Percent B (%b) 0.29
BandWidth 9.79
MACD Line 0.47
MACD Signal Line 0.87
MACD Histogram -0.3953
Fundamentals Value
Market Cap 11.3 Billion
Num Shares 157 Million
EPS 1.39
Price-to-Earnings (P/E) Ratio 51.71
Price-to-Sales 9.33
Price-to-Book 5.44
PEG Ratio 1.15
Dividend 0.32
Dividend Yield 0.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 74.63
Resistance 3 (R3) 74.65 73.76 74.17
Resistance 2 (R2) 73.76 73.06 73.75 74.01
Resistance 1 (R1) 72.82 72.63 72.38 72.80 73.86
Pivot Point 71.93 71.93 71.71 71.92 71.93
Support 1 (S1) 70.99 71.23 70.55 70.97 69.90
Support 2 (S2) 70.10 70.80 70.09 69.75
Support 3 (S3) 69.16 70.10 69.59
Support 4 (S4) 69.14