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(CONCORDBIO) Concord Biotech complete technical analysis [charts+indicators] | Buy/Sell Concord Biotech | (CONCORDBIO) share price targets

Complete technical analysis of Concord Biotech (CONCORDBIO) by charts plus indicators, forecast predictions and share price targets for Concord Biotech (CONCORDBIO)

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Concord Biotech is 86102

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1655.55	1645.55	1670.95	1623.45	0.673 times
19 Mon Aug 2024	1642.05	1634.00	1679.00	1609.80	0.469 times
16 Fri Aug 2024	1634.20	1577.75	1655.75	1573.30	1.168 times
14 Wed Aug 2024	1572.10	1561.00	1585.25	1548.45	0.607 times
13 Tue Aug 2024	1557.60	1502.45	1576.95	1472.70	0.981 times
12 Mon Aug 2024	1510.55	1546.35	1546.35	1478.70	1.857 times
09 Fri Aug 2024	1553.65	1587.30	1624.90	1543.45	1.586 times
08 Thu Aug 2024	1585.45	1570.10	1629.20	1570.10	0.583 times
07 Wed Aug 2024	1577.55	1640.00	1640.00	1525.00	0.642 times
06 Tue Aug 2024	1546.35	1560.00	1565.95	1479.45	1.425 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1681.2 as stoploss in an intra day sell trade for a target of 1618.45. However, stock will show a bullish move above 1681.2.

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1327.05
Downside Target	1355.00
Downside Target	1469.90
Downside Target	1513.80
Downside Target	1568.75
Upside Target	1675.30
Upside Target	1679.00
Upside Target	1721.85
Upside Target	1725.00
Upside Target	1756.30
Upside Target	1799.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1617.23
Downside Intraday Target	1578.92
Upside Intraday Target	1686.43
Upside Intraday Target	1717.32
Downside Intraday Target	1648.12

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1655.55	1634.00	1679.00	1609.80	0.248 times
16 Fri Aug 2024	1634.20	1546.35	1655.75	1472.70	0.938 times
09 Fri Aug 2024	1553.65	1540.00	1640.00	1479.45	1.083 times
02 Fri Aug 2024	1579.30	1711.00	1721.85	1568.75	1.255 times
26 Fri Jul 2024	1702.65	1636.95	1756.30	1636.95	1.39 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Concord Biotech (CONCORDBIO)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	1655.55	1651.65	1679.00	1472.70	0.663 times
31 Wed Jul 2024	1640.40	1544.05	1799.00	1513.80	1.023 times
28 Fri Jun 2024	1549.05	1478.00	1595.40	1327.05	0.203 times
31 Fri May 2024	1463.50	1661.35	1675.30	1355.00	2.926 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Concord Biotech (CONCORDBIO)

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Concord Biotech stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Concord Biotech in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Concord Biotech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Concord Biotech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Concord Biotech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1569.93 and Concord Biotech (CONCORDBIO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Concord Biotech (CONCORDBIO) stock. Volume based technical analysis of Concord Biotech (CONCORDBIO) stock is negative.

Concord Biotech Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.