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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 2024-04-30 View latest technical analysis

10 day averaged volume of Concord Biotech is 120334

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1667.10	1655.00	1725.00	1645.05	1.129 times
29 Mon Apr 2024	1650.45	1684.50	1684.50	1631.65	0.616 times
26 Fri Apr 2024	1660.05	1649.90	1677.95	1641.05	0.518 times
25 Thu Apr 2024	1636.40	1642.70	1642.70	1610.00	0.358 times
24 Wed Apr 2024	1629.60	1616.55	1648.60	1610.00	0.89 times
23 Tue Apr 2024	1613.50	1588.90	1636.00	1585.00	1.12 times
22 Mon Apr 2024	1583.40	1607.35	1634.00	1571.20	0.806 times
19 Fri Apr 2024	1593.00	1575.05	1626.95	1545.20	1.974 times
18 Thu Apr 2024	1584.35	1524.55	1616.00	1511.40	1.716 times
16 Tue Apr 2024	1529.30	1518.50	1550.30	1512.55	0.935 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1624.7, but if it comes below 1624.7, then a intra day sell could be more profitable.
If you take a sell trade below 1624.7, then use 1624.7 as stoploss and 1567.11 as target. However if you take a buy trade in stock , then use 1624.7 as stoploss and 1693.7 as target.

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1289.00
Downside Target	1350.05
Downside Target	1469.90
Downside Target	1535.65
Downside Target	1597.80
Downside Target	1607.00
Downside Target	1626.95
Downside Target	1631.65
Downside Target	1660.00
Upside Target	1677.95
Upside Target	1725.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	1624.17
Downside Intraday Target	1581.23
Upside Intraday Target	1717.52
Upside Intraday Target	1767.93
Upside Intraday Target	1674.58

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1667.10	1684.50	1725.00	1631.65	0.473 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
05 Fri Apr 2024	1536.35	1565.00	1565.00	1469.90	1.639 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
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
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, and volume has increased substantially. This means that the move can 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 tired and bears are picking up momentum.

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 1607.18 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.