⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Thursday, July 30, 2026Time not confirmed
No sourced report session or clock time
Ordinary position sizing suppressed.
Earnings are less than three full trading sessions away; treat the gap as event risk, not ordinary stop-distance risk.
Deterministic evidence
BIO+0.62%
Sector proxy · XLV+0.51%
Broad market · SPY+0.02%
Same completed session window ending 2026-07-27.
BIO was +0.11 points vs XLV.
+0.60 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$316.41Jul 27 close
52W High$343.12-7.8%
52W Low$236.73
Wks Since High37w
Base Depth-31.0%
BaseB1
SMA 50$294.13
SMA 200$295.16
Avg Vol375,012
RS Rank22
RS vs High-15.1%
RS Slope+7.4% ▲
Grp Rank#47/64
ADR%2.8%
ATR(14)$8.89 (2.8%)
Rel Vol (today)0.93×
Vol PaceN/A
U/D Vol1.09
A/D Days14A / 11D
A/D RatingA
VDU Bars0/10 d
Power Trend13d
Earnings
2d
$236.73
$343.1275%
BIO Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 3 of 6 legends are Watching — building, not yet a confirmed buy.
Separate score from the 8-point Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Minervini D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Possible inverse head & shoulders — not confirmed. Watch for a daily close above ~330.64 (neckline) to confirm, with a measured move toward ~424.56. A drop under the right shoulder near 270.00 weakens the structure; a close below the head near 236.73 invalidates it.
Confirms above330.64
Invalidates at236.73
Left Shoulder270.37
Head236.73
Right Shoulder270.00
Neckline330.64
Target424.56
LS 270.37 / head 236.73 / RS 270.00, neckline ~330.64, 4.3% below confirmation
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$316.41 vs SMA150 $288.60 / SMA200 $295.16
✗
SMA 150 above SMA 200SMA150 $288.60 vs SMA200 $295.16
✓
SMA 200 trending upSlope +1.54 over 20 days
✗
SMA 50 above SMA 150 & 200SMA50 $294.13
✓
Price above SMA 50$316.41 vs SMA50 $294.13
✓
30%+ above 52W low+33.7% from $236.73
✓
Within 25% of 52W high-7.8% from $343.12
✗
RS score above 70RS 21
Fundamentals
52W Range
75%
Mkt Cap SEC
8.8B
EPS QoQ
-25%
Rev YoY
+1%
ROE
2%
Gross Margin
52%
D/E
0.16
EPS TTM
$27.85
P/E TTM
11.4x
Float
28M
Insider
No Buy
Company
Legend AI snapshot
Bio-Rad Laboratories, Inc.
BIO · NYSE
· Health Technology
· Medical Specialties