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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 2024-08-22 View latest technical analysis

10 day averaged volume of Concord Biotech is 78344

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	1598.60	1595.80	1641.35	1592.00	0.435 times
21 Wed Aug 2024	1609.55	1686.95	1686.95	1601.05	0.585 times
20 Tue Aug 2024	1655.55	1645.55	1670.95	1623.45	0.74 times
19 Mon Aug 2024	1642.05	1634.00	1679.00	1609.80	0.516 times
16 Fri Aug 2024	1634.20	1577.75	1655.75	1573.30	1.283 times
14 Wed Aug 2024	1572.10	1561.00	1585.25	1548.45	0.667 times
13 Tue Aug 2024	1557.60	1502.45	1576.95	1472.70	1.078 times
12 Mon Aug 2024	1510.55	1546.35	1546.35	1478.70	2.041 times
09 Fri Aug 2024	1553.65	1587.30	1624.90	1543.45	1.743 times
08 Thu Aug 2024	1585.45	1570.10	1629.20	1570.10	0.641 times

My analysis of stock is bearish for shortterm, and stock might move down till 1554 or till 1490.7. Use a stoploss of 1606.8 and if the stock hits stoploss, then it can shoot up till 1659.57

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	1636.95
Upside Target	1675.30
Upside Target	1686.95
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	1564.75
Downside Intraday Target	1530.9
Upside Intraday Target	1659.7
Upside Intraday Target	1720.8
Upside Intraday Target	1625.85

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	1598.60	1634.00	1686.95	1592.00	0.449 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 down 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
22 Thu Aug 2024	1598.60	1651.65	1686.95	1472.70	0.713 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 down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Concord Biotech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Concord Biotech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1576.83 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.