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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 2024-08-30 View latest technical analysis

10 day averaged volume of Concord Biotech is 280124

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1665.90	1705.60	1719.45	1645.05	1.632 times
29 Thu Aug 2024	1705.60	1629.95	1815.00	1582.00	8.089 times
28 Wed Aug 2024	1612.60	1604.00	1628.80	1584.50	0.169 times
27 Tue Aug 2024	1592.55	1612.90	1617.45	1570.00	0.145 times
26 Mon Aug 2024	1612.90	1640.00	1649.95	1586.05	0.445 times
23 Fri Aug 2024	1643.75	1585.25	1659.20	1585.25	0.156 times
22 Thu Aug 2024	1598.60	1595.80	1641.35	1592.00	0.122 times
21 Wed Aug 2024	1609.55	1686.95	1686.95	1601.05	0.164 times
20 Tue Aug 2024	1655.55	1645.55	1670.95	1623.45	0.207 times
19 Mon Aug 2024	1642.05	1634.00	1679.00	1609.80	0.144 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1646.8, but if it comes below 1646.8, then a intra day sell could be more profitable.
If you take a sell trade below 1646.8, then use 1646.8 as stoploss and 1599.97 as target. However if you take a buy trade in stock , then use 1646.8 as stoploss and 1703 as target.

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
Downside Target	1640.00
Upside Target	1675.30
Upside Target	1686.95
Upside Target	1721.85
Upside Target	1725.00
Upside Target	1799.00
Upside Target	1815.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1552.27
Downside Intraday Target	1438.63
Upside Intraday Target	1797.27
Upside Intraday Target	1928.63
Upside Intraday Target	1683.63

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1665.90	1640.00	1815.00	1570.00	13.226 times
23 Fri Aug 2024	1643.75	1634.00	1686.95	1585.25	0.559 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Concord Biotech (CONCORDBIO)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1665.90	1651.65	1815.00	1472.70	2.582 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, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1688.2 and Concord Biotech (CONCORDBIO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.