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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 46782

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1431.70 1452.05 1457.95 1422.65 2.673 times
16 Thu May 2024 1458.25 1488.10 1506.35 1453.05 0.88 times
15 Wed May 2024 1487.40 1506.00 1515.00 1470.20 1.694 times
14 Tue May 2024 1503.30 1529.85 1529.85 1500.00 0.339 times
13 Mon May 2024 1507.25 1517.00 1530.00 1485.40 0.525 times

Stock of Concord Biotech (CONCORDBIO) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1413.9, for a target of 1499 or 1569.86

Share price targets for Concord Biotech (CONCORDBIO)

Target Type Value
Downside Target 1350.05
Downside Target 1422.65
Upside Target 1469.90
Upside Target 1530.00
Upside Target 1571.20
Upside Target 1609.95
Upside Target 1626.95
Upside Target 1641.00
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 1392.9
Downside Intraday Target 1354.1
Upside Intraday Target 1500.25
Upside Intraday Target 1568.8
Upside Intraday Target 1461.45

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1431.70 1517.00 1530.00 1422.65 1.571 times
10 Fri May 2024 1509.10 1641.00 1641.00 1491.40 0.652 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Concord Biotech (CONCORDBIO)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1431.70 1661.35 1675.30 1422.65 0.205 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 10, 31, 49 Sell
MACD -23, 6Sell
Stochastics 5Sell
CCI -161Sell
RSI 49Sell
OBV 295683Sell
VWAP 1493Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 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

ADX buy sell signal for Concord Biotech stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 1492.53 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.

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