Red List
TECH
Bio-Techne Corp
Healthcare · Biotechnology · mid-cap ($8.7B)
-37.9%
from rolling 252-day high of $72.06 set 2026-01-22 · 112d ago
Current
$44.74
Decline depth
-37.9%
Decline σ
5.2σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Structural break signals

TECH qualifies for the Red List on decline depth.

Decline depth
-37.9%
From rolling 252-day high of $72.06, 112d ago. Past the 30% Amber threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
5.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (5.55% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about TECH.

TECH qualifies for the Red List on decline depth — down -37.9% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: also showing 3/5 bearish time frames.

Cross-confirmation: decline sigma also reads 5.2σ over 20 bars.

Earnings on file: 2026-05-06. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $46.05 0.0% of range 52W high $72.16

Sector context · Healthcare

182 other Healthcare tickers are on Broken Stocks.

92 Red List
43 Amber
47 Watch
-35.8% Median decline

Worst in sector: OPRX (-76.7%). Least-bad: ANIP (-20.0%). See all Healthcare listings →

Questions about TECH

What people ask.

Why is TECH on Broken Stocks?

TECH qualifies for the Red List on decline depth. It is down -37.9% from its rolling 252-day high of $72.06, set on 2026-01-22 — 112d ago.

Is TECH a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. TECH is down -37.9% from its 52-week high of $72.06, set 112d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is TECH a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is TECH trading inside its 52-week range?

At $44.74, TECH sits 0.0% of the way from its 52-week low ($46.05) to its 52-week high ($72.16). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has TECH been declining?

The current 37.9% decline accrued over 112d, which annualizes to roughly -123.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does TECH compare to its sector?

There are 182 other Healthcare tickers on Broken Stocks: 92 Red, 43 Amber, 47 Watch, with 55 showing recovering structural signals. Median sector decline is -35.8% — TECH's decline is deeper than the sector median.

Does TECH's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.