Bio-Techne (TECH) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TECH · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$72.09last close · Aug 4, 202652-week range $43.20 – $72.36 · 0.38% below the high

TECH Bullish Pennant Pattern

TECH is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $76.41 (+23.5%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; TECH's own bullish pennants have hit 60.0%.

DirectionBullishTarget$76.41Projected move+23.5%Breakout level$63.65

New to this pattern? What a bullish pennant is and how to trade it →

TECH's Most Recent Bullish Pennant Trade

TECH's most recent completed bullish pennant resolved as a loss: it broke higher on Jan 6, 2026 near $64.07, then was stopped out at $58.25 on Feb 19, 2026 — a -1.03R move (9.1%) over 30 sessions. Across 133 backtested bullish pennants, this setup wins 51.9% of the time.

OutcomeLossResult-1.03REntry$64.07Exit$58.25

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
TECH win rate
60.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

TECH Pattern Trade History

Every completed pattern trade our nightly backtest found on TECH's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantJan 6, 2026 @ $64.07Feb 19, 2026 @ $58.25Loss-1.03R
Bullish PennantSep 30, 2025 @ $55.28Jan 23, 2026 @ $68.16Win+2.50R
Falling WedgeJun 25, 2025 @ $51.80Jul 31, 2025 @ $54.73Win+0.86R
Falling WedgeJun 4, 2025 @ $49.33Jul 31, 2025 @ $54.73Win+1.64R
TriangleFeb 10, 2025 @ $71.19Feb 27, 2025 @ $63.20Win+0.99R
TriangleJan 28, 2025 @ $75.11Feb 27, 2025 @ $62.99Win+3.01R
TriangleSep 16, 2024 @ $75.28Sep 25, 2024 @ $74.95Loss-0.07R
TriangleAug 17, 2023 @ $81.79Sep 8, 2023 @ $71.61Win+2.91R
TriangleMay 31, 2023 @ $81.86Jun 14, 2023 @ $74.31Win+1.93R
Falling WedgeMar 30, 2023 @ $73.00Apr 25, 2023 @ $78.73Win+1.79R
Falling WedgeFeb 3, 2023 @ $77.75Jul 20, 2023 @ $86.92Loss-1.09R
TriangleJan 24, 2023 @ $79.95Mar 10, 2023 @ $71.91Win+0.90R

TECH Support and Resistance Levels

Price is being turned away at a ceiling near $72.49 and starting to slide. On the weekly chart, the next floor below sits near $62.30 — about 14% away.

  • Traders commonly watch $62.30 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $72.49 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $71.10, resistance near $72.32. These are chart/swing-derived levels, not formula pivots.

Resistance
$72.32$72.38
Support
$71.10$68.89$47.00$45.09

TECH Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$72.12$72.17$72.03$72.09
Aug 3, 2026$72.14$72.20$72.07$72.14
Jul 31, 2026$72.09$72.17$71.96$72.09
Jul 30, 2026$72.02$72.21$71.99$72.03
Jul 29, 2026$72.13$72.37$71.94$72.03
Jul 28, 2026$71.76$72.16$71.76$72.07
Jul 27, 2026$71.66$71.88$71.58$71.62
Jul 24, 2026$71.90$71.94$71.58$71.60
Jul 23, 2026$71.78$72.11$71.75$71.77
Jul 22, 2026$71.65$71.84$71.52$71.78

TECH Frequently Asked Questions

What chart pattern is TECH forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Bio-Techne (TECH) on the daily chart, with a measured-move target of $76.41.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on TECH is a bullish pattern, projecting a measured-move target of $76.41. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for TECH?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), TECH's nearest support is around $71.10 and nearest resistance around $72.32.
What is the price target if TECH's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $76.41 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TECH's closing price on Aug 4, 2026?
Bio-Techne (TECH) last closed at $72.09 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.