Technical Analysis for TECH - Techne Corporation

Grade Last Price % Change Price Change
F 79.36 0.86% 0.68
TECH closed down 3.09 percent on Monday, January 30, 2023, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Feb 2
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.86%
Multiple of Ten Bearish Other 0.86%
Oversold Stochastic Weakness 0.86%
Multiple of Ten Bullish Other -2.25%
Slingshot Bearish Bearish Swing Setup -1.20%
Stochastic Reached Oversold Weakness -1.20%
Multiple of Ten Bullish Other -1.20%
Gapped Up Strength -1.20%
Oversold Stochastic Weakness -1.20%
Gapped Down Weakness -0.59%

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Alert Time
60 Minute Opening Range Breakdown about 4 hours ago
Fell Below Previous Day's Low about 5 hours ago
Up 1% about 6 hours ago
Down 1 ATR 1 day ago
Down 3% 1 day 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 Chemical Compounds Monoclonal Antibody Monoclonal Antibodies Antibody Hematology Spas In Vitro Diagnostic Products Technology Segment Cytokine Immunoassay Cell Signaling Flow Cytometry Biotechnology Research Diagnostic Devices Erythropoietin In Vitro Diagnostic Device Biotechnology Segment In Vitro Diagnostic Devices

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 113.805
52 Week Low 68.0025
Average Volume 874,788
200-Day Moving Average 85.19
50-Day Moving Average 82.72
20-Day Moving Average 82.01
10-Day Moving Average 80.56
Average True Range 2.56
RSI 42.86
ADX 9.0
+DI 23.11
-DI 27.99
Chandelier Exit (Long, 3 ATRs) 81.17
Chandelier Exit (Short, 3 ATRs) 85.55
Upper Bollinger Bands 86.11
Lower Bollinger Band 77.91
Percent B (%b) 0.09
BandWidth 10.00
MACD Line -0.74
MACD Signal Line -0.42
MACD Histogram -0.3243
Fundamentals Value
Market Cap 3.04 Billion
Num Shares 38.6 Million
EPS 6.26
Price-to-Earnings (P/E) Ratio 12.56
Price-to-Sales 15.89
Price-to-Book 8.18
PEG Ratio 4.03
Dividend 1.28
Dividend Yield 1.63%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 82.00
Resistance 3 (R3) 82.33 81.54 81.45
Resistance 2 (R2) 81.54 80.70 81.38 81.26
Resistance 1 (R1) 80.11 80.17 79.72 79.79 81.08
Pivot Point 79.33 79.33 79.13 79.17 79.33
Support 1 (S1) 77.90 78.48 77.51 77.57 76.28
Support 2 (S2) 77.11 77.96 76.95 76.10
Support 3 (S3) 75.68 77.11 75.91
Support 4 (S4) 75.36