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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 2024-10-31 View latest technical analysis

10 day averaged volume of Concord Biotech is 103985

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1830.30	1810.20	1882.35	1810.20	1.786 times
30 Wed Oct 2024	1806.00	1820.50	1875.20	1793.30	0.796 times
29 Tue Oct 2024	1820.50	1825.00	1848.00	1795.00	0.518 times
28 Mon Oct 2024	1828.85	1780.30	1848.00	1761.60	0.514 times
25 Fri Oct 2024	1807.40	1824.20	1845.05	1773.60	0.938 times
24 Thu Oct 2024	1814.95	1845.85	1869.30	1803.80	0.694 times
23 Wed Oct 2024	1843.35	1837.00	1881.30	1801.25	0.645 times
22 Tue Oct 2024	1839.05	1953.80	1953.80	1818.20	1.087 times
21 Mon Oct 2024	1955.20	2018.05	2029.75	1930.30	0.445 times
18 Fri Oct 2024	2018.05	1996.00	2043.45	1958.10	0.756 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 1821.7 as stoploss in an intra day buy trade for a target of 1890.93. However, stock will show a bearish move below 1821.7.

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	1761.60
Upside Target	1872.05
Upside Target	1989.00
Upside Target	2029.75
Upside Target	2066.45
Upside Target	2120.50
Upside Target	2664.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1767.15
Downside Intraday Target	1704
Upside Intraday Target	1887.9
Upside Intraday Target	1945.5
Downside Intraday Target	1824.75

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1830.30	1780.30	1882.35	1761.60	0.948 times
25 Fri Oct 2024	1807.40	2018.05	2029.75	1773.60	0.51 times
18 Fri Oct 2024	2018.05	1899.95	2120.50	1877.05	2.097 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

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
31 Thu Oct 2024	1830.30	2035.35	2120.50	1761.60	0.21 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Concord Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1849.65 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 has given negative 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.