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Stock analysis Concord Biotech Limited CONCORDBIO

More indepth analysis on MunafaSutra.com

Moving Averages for Concord Biotech Limited

  • 5Day Average: 1691.11
  • 12Day Average: 1670.98
  • 20Day Average: 1670.29
  • 50Day Average: 1774.17
  • 100Day Average: 1963.25
  • 150Day Average: 1964.25
  • 200Day Average: 1890.6

CONCORDBIO Indicators & signals

Indicator MACD (12,26,9)

1680.68, 1694.15, -30.69
Indicator MACD is in negative zone

Indicator ADX (14)

8.64, 25.23, 21.21
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CONCORDBIO Concord Biotech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Apr 2025 1721.90 1708.60 to 1743.10 -1.11% 0.66 times
16 Wed Apr 2025 1741.20 1722.60 to 1769.60 0.47% 0.54 times
15 Tue Apr 2025 1733.10 1674.50 to 1749.00 4.79% 0.88 times
11 Fri Apr 2025 1653.85 1622.00 to 1673.95 3.01% 1.24 times
09 Wed Apr 2025 1605.50 1580.65 to 1674.85 0.56% 2.86 times
08 Tue Apr 2025 1596.55 1585.00 to 1624.95 0.92% 0.4 times
07 Mon Apr 2025 1582.05 1550.00 to 1604.95 -4.5% 0.89 times
04 Fri Apr 2025 1656.65 1636.55 to 1736.00 -3.73% 0.64 times
03 Thu Apr 2025 1720.85 1696.20 to 1745.65 1.43% 0.9 times
02 Wed Apr 2025 1696.60 1640.05 to 1721.95 2.03% 0.65 times
01 Tue Apr 2025 1662.90 1649.00 to 1690.45 -1.05% 1 times
28 Fri Mar 2025 1680.60 1661.50 to 1746.40 -2.32% 1.55 times

Technical analysis forecast of Concord Biotech Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Concord Biotech Limited CONCORDBIO at this time. Stock is rising and might rise more.

It appears as if Concord Biotech Limited CONCORDBIO gave a large move recently.

Stock of Concord Biotech Limited (CONCORDBIO) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Concord Biotech Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1726 as stoploss in an intra day sell trade for a target of 1682.55. However, stock will show a bullish move above 1726.

More indepth analysis on MunafaSutra.com