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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 2024-10-03 View latest technical analysis

10 day averaged volume of Concord Biotech is 673979

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1923.60	1960.00	1995.45	1910.05	0.122 times
01 Tue Oct 2024	1979.80	2035.35	2038.35	1962.25	0.1 times
30 Mon Sep 2024	2032.55	2048.10	2066.45	1949.60	0.362 times
27 Fri Sep 2024	2047.80	2151.40	2190.00	2030.00	0.269 times
26 Thu Sep 2024	2131.65	2225.00	2260.00	2115.00	0.227 times
25 Wed Sep 2024	2224.85	2249.95	2313.90	2184.55	0.413 times
24 Tue Sep 2024	2224.50	2370.00	2412.25	2210.00	0.512 times
23 Mon Sep 2024	2382.35	2507.25	2609.60	2361.10	1.244 times
20 Fri Sep 2024	2601.10	2250.15	2664.00	2140.00	5.947 times
19 Thu Sep 2024	2250.55	2197.20	2299.95	2132.50	0.67 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1892.8 as stoploss in an intra day buy trade for a target of 2080.46. However, stock will show a bearish move below 1892.8.

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1327.05
Downside Target	1472.70
Downside Target	1513.80
Downside Target	1595.40
Downside Target	1694.75
Downside Target	1799.00
Downside Target	1910.05
Upside Target	2025.60
Upside Target	2038.35
Upside Target	2066.45
Upside Target	2138.75
Upside Target	2609.60
Upside Target	2664.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1866.95
Downside Intraday Target	1810.3
Upside Intraday Target	2023.35
Upside Intraday Target	2123.1
Upside Intraday Target	1966.7

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1923.60	2048.10	2066.45	1910.05	0.219 times
27 Fri Sep 2024	2047.80	2507.25	2609.60	2030.00	0.356 times
20 Fri Sep 2024	2601.10	2050.00	2664.00	2025.60	3.748 times
13 Fri Sep 2024	2079.30	1829.95	2138.75	1821.65	0.668 times
06 Fri Sep 2024	1835.90	1700.00	1914.45	1694.75	0.685 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
03 Thu Oct 2024	1923.60	2035.35	2038.35	1910.05	0.014 times
30 Mon Sep 2024	2032.55	1700.00	2664.00	1694.75	2.534 times
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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a short to mid 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 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 losing momentum.

MACD generated a SELL signal for Concord Biotech in short term but the sell signal is initial and weak.

Concord Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2453.04 and Concord Biotech (CONCORDBIO) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been positive

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