REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: 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 ($TECH) opened at 203.42, reaching a high of 205.75 and a low of 203.15 before closing at a price of 205.21. There was a total volume of 73488.
VOLUME INDICATORS FOR BIO-TECHNE CORP ($TECH): We saw an accumulation-distribution index of 456.7294, an on-balance volume of -203.96, chaikin money flow of 1.23176 and a force index of 1.7548. There was an ease of movement rating of 0.01175, a volume-price trend of 4.35128 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BIO-TECHNE CORP ($TECH): We noted an average true range of 2.93114, bolinger bands of 203.85394, an upper bollinger band of 201.67606, lower bollinger band of 203.15, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 204.10667, high band keltner channel of 201.77667, low band keltner channel of 206.43667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 203.15, a donchian channel low band of 203.15, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BIO-TECHNE CORP ($TECH): We calculated a Moving Average Convergence Divergence (MACD) of -0.01728, a MACD signal of -0.0096, a MACD difference of -0.00768, a fast Exponential Moving Average (EMA) indicator of 203.15, a slow Exponential Moving Average (EMA) indicator of 203.15, 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 0.25706, a trix of 2.40335, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.1545, a KST Oscillator (KST) of 20.87735 and a KST Oscillator (KST Signal) of 20.87735 (leaving a KST difference of -0.96736). We also found an Ichimoku rating of 204.585, an Ichimoku B rating of 204.585, a Ichimoku visual trend A of 202.22839, an Ichimoku visual trend B of 202.40234, 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 ($TECH): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.89761, a stochastic oscillator of 111.58798, a stochastic oscillator signal of 111.58798, a Williams %R rating of 11.58798 and an awesome oscillator of -0.04483.
RETURNS FOR BIO-TECHNE CORP ($TECH): There was a daily return of 2.08774, a daily log return of -0.37975 and a cumulative return of -0.37903.
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 2019-11-14 (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 ($TECH)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Bio-Techne Corp ($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.