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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)

10 day averaged volume of Concord Biotech is 71869

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	1553.20	1557.00	1568.20	1540.00	0.29 times
07 Tue May 2024	1557.05	1563.00	1599.75	1530.00	0.782 times
06 Mon May 2024	1578.55	1641.00	1641.00	1560.00	0.501 times
03 Fri May 2024	1617.75	1655.00	1658.80	1609.95	0.457 times
02 Thu May 2024	1658.90	1661.35	1675.30	1650.10	0.507 times
30 Tue Apr 2024	1667.10	1655.00	1725.00	1645.05	1.89 times
29 Mon Apr 2024	1650.45	1684.50	1684.50	1631.65	1.031 times
26 Fri Apr 2024	1660.05	1649.90	1677.95	1641.05	0.866 times
25 Thu Apr 2024	1636.40	1642.70	1642.70	1610.00	0.599 times
24 Wed Apr 2024	1629.60	1616.55	1648.60	1610.00	1.489 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 1539.2 as stoploss in an intra day buy trade for a target of 1588.6. However, stock will show a bearish move below 1539.2.

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1350.05
Downside Target	1469.90
Downside Target	1530.00
Upside Target	1571.20
Upside Target	1609.95
Upside Target	1626.95
Upside Target	1641.00
Upside Target	1660.00
Upside Target	1675.30
Upside Target	1677.95
Upside Target	1725.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1508.47
Downside Intraday Target	1463.73
Upside Intraday Target	1619.47
Upside Intraday Target	1685.73
Upside Intraday Target	1574.73

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	1553.20	1641.00	1641.00	1530.00	0.405 times
03 Fri May 2024	1617.75	1684.50	1725.00	1609.95	0.629 times
26 Fri Apr 2024	1660.05	1607.35	1677.95	1571.20	0.648 times
19 Fri Apr 2024	1593.00	1540.00	1626.95	1487.05	0.736 times
12 Fri Apr 2024	1560.00	1553.95	1660.00	1495.10	2.669 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
08 Wed May 2024	1553.20	1661.35	1675.30	1530.00	0.07 times
30 Tue Apr 2024	1667.10	1565.00	1725.00	1469.90	1.524 times
28 Thu Mar 2024	1520.80	1450.00	1597.80	1350.05	0.579 times
29 Thu Feb 2024	1456.00	1466.90	1535.65	1370.55	1.259 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 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 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

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 1632.9 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.