Technical Analysis for TECH - Techne Corporation

Grade Last Price % Change Price Change
F 68.72 3.54% 2.35
TECH closed up 3.54 percent on Wednesday, November 20, 2024, on 1.55 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 3.54%
NR7-2 Range Contraction 3.54%
Narrow Range Bar Range Contraction 3.54%
Down 3 Days in a Row Weakness 3.54%
Down 4 Days in a Row Weakness 3.54%
Oversold Stochastic Weakness 3.54%
NR7 Range Contraction 2.78%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 19 hours ago
Up 3% about 19 hours ago
1.5x Volume Pace about 21 hours ago
Rose Above Previous Day's High about 22 hours ago
Outside Day about 22 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 Diagnostic Products In Vitro 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 85.3886
52 Week Low 60.967
Average Volume 962,381
200-Day Moving Average 73.47
50-Day Moving Average 73.81
20-Day Moving Average 72.56
10-Day Moving Average 71.94
Average True Range 2.60
RSI (14) 41.18
ADX 25.22
+DI 22.65
-DI 28.61
Chandelier Exit (Long, 3 ATRs) 72.90
Chandelier Exit (Short, 3 ATRs) 73.42
Upper Bollinger Bands 79.82
Lower Bollinger Band 65.30
Percent B (%b) 0.24
BandWidth 20.01
MACD Line -1.23
MACD Signal Line -0.39
MACD Histogram -0.8413
Fundamentals Value
Market Cap 10.8 Billion
Num Shares 157 Million
EPS 1.39
Price-to-Earnings (P/E) Ratio 49.44
Price-to-Sales 9.33
Price-to-Book 5.44
PEG Ratio 1.15
Dividend 0.32
Dividend Yield 0.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 73.68
Resistance 3 (R3) 73.19 71.05 72.85
Resistance 2 (R2) 71.05 69.79 71.30 72.58
Resistance 1 (R1) 69.89 69.01 70.47 70.37 72.30
Pivot Point 67.75 67.75 68.04 67.99 67.75
Support 1 (S1) 66.58 66.49 67.17 67.07 65.14
Support 2 (S2) 64.44 65.71 64.69 64.86
Support 3 (S3) 63.28 64.44 64.59
Support 4 (S4) 63.76