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TECH Stock Analysis

Data source: Trade-Ideas Alerts | 8 alerts analyzed | Backtest period: 2022-06-23 → 2023-08-07

⚠️ Small sample size (8 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NASDAQ 📅 IPO: May 08, 1989 🔗 www.bio-techne.com
💰 Market Cap: $10.62B 👥 Employees: 3,100
Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. It reports in two segments: protein sciences (about 75% of revenue) and diagnostics and genomics (25%). The protein sciences segment sells reagents and analytical instruments used in life sciences research, including antibodies used in protein analysis. The diagnostics and genomics segment sells diagnostic reagents, molecular diagnostics, and spatial biology products. The United States accounts for about 55% of revenue. The firm also has operations in Europe, the Middle East, and Africa (20% of sales), the UK (5%), and Asia-Pacific (15%), with the rest of the world accounting for the remaining 5%.
📊
8
Total Alerts
🎯
57.1%
Win Rate (15MIN)
💰
+0.09%
Avg Gain (15MIN)
🚀
+1.24%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 37.5%
Avg Gain: -0.00%
Avg Winner: +1.57%
Avg Loser: -1.18%
Best: +2.81%
Worst: -2.40%
Trades: 3/4

15MIN

Win Rate: 57.1%
Avg Gain: +0.09%
Avg Winner: +1.36%
Avg Loser: -1.61%
Best: +2.77%
Worst: -2.50%
Trades: 4/3

30MIN

Win Rate: 50.0%
Avg Gain: -0.11%
Avg Winner: +1.40%
Avg Loser: -1.61%
Best: +2.66%
Worst: -2.82%
Trades: 4/4

60MIN

Win Rate: 57.1%
Avg Gain: +0.43%
Avg Winner: +1.53%
Avg Loser: -1.04%
Best: +2.25%
Worst: -1.52%
Trades: 4/3

EOD (End of Day)

Win Rate: 37.5%
Avg Gain: -19.11%
Avg Winner: +0.53%
Avg Loser: -30.90%
Best: +1.35%
Worst: -76.23%
Trades: 3/5

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +1.24%
Best MFE: +4.78%
Avg Time to MFE: 85 min

On average, TECH alerts reach +1.24% profit potential within 85 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.33%
Worst MAE: -2.79%
Avg Time to MAE: 7 min

Before reaching MFE, expect an average drawdown of 0.33%.

⚖️ Risk/Reward Ratio

3.8:1

Excellent risk/reward - potential gain is 3.8x the typical drawdown.

💡 Trading Insight: Based on 8 alerts, TECH typically reaches +1.24% profit before pulling back. Consider setting profit targets around 1.0% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 8
Gap Up % 37.5%
Avg Gap +0.01%
Best Gap +2.78%

🏭 Sector Comparison: BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES)

How TECH compares to 128 other tickers in the same sector.

5-Min Gain
TECH: +0.16% Sector: -0.41% +0.57%
EOD Gain
TECH: -10.95% Sector: +1233.50% -1244.45%
Avg MFE
TECH: +1.58% Sector: +6.69% -5.11%

📋 Last 20 Alerts

Historical TECH alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-08-07 09:28:00 $82.17 -0.24% -0.76% -0.89% -0.16% -1.07% +0.32% -1.33% -0.45% LOSS
2023-06-27 09:27:00 $77.0 -0.92% -1.58% -1.31% -1.43% -1.83% +0.05% -0.31% -0.12% LOSS
2023-06-13 09:27:00 $76.58 +2.81% +2.77% +2.66% +2.25% +0.20% +3.09% +2.70% +2.78% WIN
2023-04-26 09:25:00 $79.63 -2.40% -2.50% -1.41% -1.52% -1.53% -0.20% -2.79% -2.17% LOSS
2023-04-21 09:26:00 $82.36 - +1.35% +1.17% +1.22% +1.35% +1.59% - - -
2023-02-23 09:26:00 $74.24 +0.46% +0.89% +0.77% +0.77% +0.04% +1.44% -0.03% +0.36% WIN
2022-08-09 09:25:00 $379.8 -1.16% - -2.82% - -76.23% -1.16% -1.16% -1.16% LOSS
2022-06-23 09:25:00 $329.7 +1.43% +0.45% +0.98% +1.87% -73.82% +4.78% +0.31% +0.87% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 57.1% Baseline on TECH

The 57.1% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push TECH's performance to 75%+.

Optimize TECH Strategy →

Why Analyze TECH with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for TECH. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, TECH historically offers an average upside of +1.24% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 TECH Momentum Personality

With a baseline win rate of 57.1%, TECH shows neutral behavior, suggesting the need for additional volume confirmation.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show TECH performs best on the 15MIN timeframe (Avg Gain: +0.09%), signaling that gains often fade later in the session.