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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 2024-10-16 View latest technical analysis

10 day averaged volume of Concord Biotech is 77830

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1998.30	1934.65	2033.75	1922.95	2.353 times
15 Tue Oct 2024	1934.60	1952.90	1952.90	1920.85	0.48 times
14 Mon Oct 2024	1922.25	1899.95	1960.00	1877.05	1.313 times
11 Fri Oct 2024	1895.65	1890.00	1920.00	1861.05	0.55 times
10 Thu Oct 2024	1877.95	1963.65	1977.75	1868.00	0.806 times
09 Wed Oct 2024	1948.55	1939.95	1989.00	1915.05	1.025 times
08 Tue Oct 2024	1900.45	1831.00	1938.05	1820.00	1.086 times
07 Mon Oct 2024	1836.95	1921.90	1953.90	1826.05	1.29 times
04 Fri Oct 2024	1921.25	1925.00	1994.00	1872.05	1.527 times
03 Thu Oct 2024	1923.60	1960.00	1995.45	1910.05	1.054 times

Stock of Concord Biotech (CONCORDBIO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1868.6 or till 1638. Use a stoploss of 2060.81 and if the stock hits stoploss, then it can shoot up till 2252.98

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	1872.05
Downside Target	1989.00
Upside Target	2033.75
Upside Target	2038.35
Upside Target	2066.45
Upside Target	2609.60
Upside Target	2664.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1905.65
Downside Intraday Target	1813
Upside Intraday Target	2062.35
Upside Intraday Target	2126.4
Downside Intraday Target	1969.7

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1998.30	1899.95	2033.75	1877.05	0.872 times
11 Fri Oct 2024	1895.65	1921.90	1989.00	1820.00	0.723 times
04 Fri Oct 2024	1921.25	2048.10	2066.45	1872.05	0.285 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

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
16 Wed Oct 2024	1998.30	2035.35	2038.35	1820.00	0.092 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 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 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 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 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 SELL signal for Concord Biotech in short term but the sell signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling 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 1924.66 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 positive

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