REPORTING FOR 2019-12-26 | WCX19.ORG: We have done an in-depth analysis of how TECH has been trading over the last 2 weeks and the past day especially. On its latest session, Bio-Techne Corp (NASDAQ:TECH) opened at 222.86, reaching a high of 222.86 and a low of 220.3587 before closing at a price of 220.74. There was a total volume of 29180.
VOLUME INDICATORS FOR BIO-TECHNE CORP (NASDAQ:TECH): We saw an accumulation-distribution index of 1509.72202, an on-balance volume of -221.69, chaikin money flow of 2.66257 and a force index of -3.85924. There was an ease of movement rating of 0.00041, a volume-price trend of 21.47693 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BIO-TECHNE CORP (NASDAQ:TECH): We noted an average true range of 2.73264, bolinger bands of 220.63178, an upper bollinger band of 219.78692, lower bollinger band of 220.3587, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 222.02623, high band keltner channel of 222.02623, low band keltner channel of 222.02623, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 220.3587, a donchian channel low band of 220.3587, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BIO-TECHNE CORP (NASDAQ:TECH): We calculated a Moving Average Convergence Divergence (MACD) of -0.0067, a MACD signal of -0.00372, a MACD difference of -0.00298, a fast Exponential Moving Average (EMA) indicator of 220.3587, a slow Exponential Moving Average (EMA) indicator of 220.3587, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.04126, a trix of 6.64689, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -19.51425, a KST Oscillator (KST) of 97.16104 and a KST Oscillator (KST Signal) of 97.16104 (leaving a KST difference of -0.37181). We also found an Ichimoku rating of 222.86, an Ichimoku B rating of 222.86, a Ichimoku visual trend A of 206.55301, an Ichimoku visual trend B of 210.2174, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR BIO-TECHNE CORP (NASDAQ:TECH): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 88.63849, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of -0.57083.
RETURNS FOR BIO-TECHNE CORP (NASDAQ:TECH): There was a daily return of 9.7161, a daily log return of -0.13564 and a cumulative return of -0.13555.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-26 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Bio-Techne Corp (NASDAQ:TECH)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Bio-Techne Corp (NASDAQ:TECH) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.