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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 2025-01-24 View latest technical analysis

10 day averaged volume of Concord Biotech is 149777

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	2096.55	2127.70	2156.45	2076.70	0.522 times
23 Thu Jan 2025	2124.80	2101.00	2172.95	2101.00	0.22 times
22 Wed Jan 2025	2120.55	2160.45	2163.50	2095.00	0.373 times
21 Tue Jan 2025	2160.45	2170.10	2226.85	2150.00	2.325 times
20 Mon Jan 2025	2168.70	2208.00	2253.25	2154.95	0.829 times
17 Fri Jan 2025	2178.00	2236.00	2254.75	2173.80	0.316 times
16 Thu Jan 2025	2240.75	2261.75	2315.00	2225.10	0.511 times
15 Wed Jan 2025	2252.95	2327.40	2357.40	2215.10	1.247 times
14 Tue Jan 2025	2327.40	2301.85	2340.00	2276.10	0.863 times
13 Mon Jan 2025	2267.20	2255.90	2359.00	2187.25	2.451 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2123.6, but if it comes above 2123.6, then a intra day buy could be more profitable.
If you take a sell trade below 2123.6, then use 2123.6 as stoploss and 2040.2 as target. However if you take a buy trade in stock , then use 2123.6 as stoploss and 2193.13 as target.

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1694.75
Downside Target	1761.60
Downside Target	2035.50
Upside Target	2235.00
Upside Target	2253.25
Upside Target	2345.00
Upside Target	2359.00
Upside Target	2401.00
Upside Target	2664.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	2031.08
Downside Intraday Target	1965.62
Upside Intraday Target	2207.63
Upside Intraday Target	2318.72
Upside Intraday Target	2142.17

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	2096.55	2208.00	2253.25	2076.70	0.792 times
17 Fri Jan 2025	2178.00	2255.90	2359.00	2173.80	0.76 times
10 Fri Jan 2025	2256.50	2114.00	2345.00	2086.55	0.658 times
03 Fri Jan 2025	2083.90	2151.05	2401.00	2075.55	7.413 times
27 Fri Dec 2024	2165.20	2125.00	2235.00	2062.00	0.411 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
24 Fri Jan 2025	2096.55	2211.10	2359.00	2075.55	0.966 times
31 Tue Dec 2024	2210.75	2145.00	2401.00	2035.50	1.683 times
29 Fri Nov 2024	2127.50	1832.35	2145.00	1795.00	0.776 times
31 Thu Oct 2024	1830.30	2035.35	2120.50	1761.60	0.21 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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 weakening, and bulls 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 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

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 2214.13 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.