Technical Analysis for TECH - Techne Corporation

Grade Last Price % Change Price Change
B 356.21 2.39% 8.31
TECH closed up 2.39 percent on Friday, March 5, 2021, on 81 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. 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.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical TECH trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 2.39%
Expansion Pivot Sell Setup Bearish Swing Setup 2.39%
Below Lower BB Weakness 2.39%
Lower Bollinger Band Touch Weakness 2.39%
Oversold Stochastic Weakness 2.39%
Older End-of-Day Signals for TECH ...

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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: Biotechnology Life Sciences Biology Immunology Laser Immune System Antibodies Chemical Compounds Monoclonal Antibodies Monoclonal Antibody Antibody Hematology Spas In Vitro Technology Segment Diagnostic Products Immunoassay Cytokine Cytokines 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 414.91
52 Week Low 155.17
Average Volume 172,519
200-Day Moving Average 290.73
50-Day Moving Average 354.03
20-Day Moving Average 380.94
10-Day Moving Average 366.85
Average True Range 13.28
ADX 24.87
+DI 20.02
-DI 33.79
Chandelier Exit (Long, 3 ATRs ) 375.06
Chandelier Exit (Short, 3 ATRs ) 378.63
Upper Bollinger Band 414.41
Lower Bollinger Band 347.47
Percent B (%b) 0.13
BandWidth 17.57
MACD Line 0.49
MACD Signal Line 6.23
MACD Histogram -5.746
Fundamentals Value
Market Cap 13.75 Billion
Num Shares 38.6 Million
EPS 6.26
Price-to-Earnings (P/E) Ratio 56.87
Price-to-Sales 15.89
Price-to-Book 8.18
PEG Ratio 4.03
Dividend 1.28
Dividend Yield 0.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 386.22
Resistance 3 (R3) 383.74 371.27 381.22
Resistance 2 (R2) 371.27 363.62 372.50 379.55
Resistance 1 (R1) 363.74 358.90 367.50 366.21 377.88
Pivot Point 351.26 351.26 353.14 352.50 351.26
Support 1 (S1) 343.73 343.62 347.50 346.21 334.54
Support 2 (S2) 331.26 338.90 332.49 332.87
Support 3 (S3) 323.73 331.26 331.20
Support 4 (S4) 326.20