Stock Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Bio-Techne Corp (NASDAQ:TECH)
Long-Term Downtrend (-90) - TECH is in a strong downtrend that is likely to continue. While TECH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TECH?
MarketClub looks at technical strength and momentum to determine if the timing is right for TECH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TECH
The long-term trend has been DOWN since Sep 17th, 2020 at 241.10
The intermediate-term trend has been DOWN since Aug 10th, 2020 at 259.95
The short-term trend has been DOWN since Sep 3rd, 2020 at 252.80
Smart Scan Analysis for TECH
Based on our trend formula, TECH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||206.035||Year High Date||2018-09-28|
|Year Low||128.06||Year Low Date||2018-02-06|
|52wk High||286.68||52wk High Date||2020-07-20|
|52wk Low||155.17||52wk Low Date||2020-03-23|
|Year End Close||68.34||Average Volume||150,505|
|Shares Outstanding||38,550||Short Interest||466,346|
|% Institutional||80.2||Market Cap||7,447M|