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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 2024-04-24 View latest technical analysis

10 day averaged volume of Concord Biotech is 184718

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1629.60	1616.55	1648.60	1610.00	0.58 times
23 Tue Apr 2024	1613.50	1588.90	1636.00	1585.00	0.73 times
22 Mon Apr 2024	1583.40	1607.35	1634.00	1571.20	0.525 times
19 Fri Apr 2024	1593.00	1575.05	1626.95	1545.20	1.286 times
18 Thu Apr 2024	1584.35	1524.55	1616.00	1511.40	1.118 times
16 Tue Apr 2024	1529.30	1518.50	1550.30	1512.55	0.609 times
15 Mon Apr 2024	1535.95	1540.00	1544.60	1487.05	0.696 times
12 Fri Apr 2024	1560.00	1515.00	1660.00	1500.00	4.061 times
10 Wed Apr 2024	1510.45	1534.95	1534.95	1495.10	0.15 times
09 Tue Apr 2024	1527.40	1535.05	1541.40	1512.00	0.212 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1628.7, for a target of 1578.6 or 1536.88

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1289.00
Downside Target	1350.05
Downside Target	1460.00
Downside Target	1535.65
Downside Target	1565.00
Downside Target	1571.20
Downside Target	1597.80
Downside Target	1607.00
Downside Target	1626.95
Upside Target	1648.60
Upside Target	1660.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1584.33
Downside Intraday Target	1539.07
Upside Intraday Target	1661.73
Upside Intraday Target	1693.87
Downside Intraday Target	1616.47

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1629.60	1607.35	1648.60	1571.20	0.495 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
05 Fri Apr 2024	1536.35	1565.00	1565.00	1469.90	1.639 times
28 Thu Mar 2024	1520.80	1513.90	1559.75	1460.00	0.522 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
24 Wed Apr 2024	1629.60	1565.00	1660.00	1469.90	1.34 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
31 Wed Jan 2024	1455.90	1471.95	1607.00	1355.15	0.7 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Concord Biotech in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Concord Biotech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 1571.19 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.