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Stock analysis Concord Biotech Limited CONCORDBIO

More indepth analysis on MunafaSutra.com

Moving Averages for Concord Biotech Limited

  • 5Day Average: 1581.7
  • 12Day Average: 1543.32
  • 20Day Average: 1515.75
  • 50Day Average: 1597.44
  • 100Day Average: 1796.51
  • 150Day Average: 1869.77
  • 200Day Average: 1875.8

CONCORDBIO Indicators & signals

Indicator MACD (12,26,9)

1561.14, 1561.5, -22.88
Indicator MACD is in negative zone

Indicator ADX (14)

26.32, 28.66, 16.72
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
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
29 Thu May 2025 1666.90 1638.10 to 1688.80 1.91% 1.76 times
28 Wed May 2025 1635.70 1531.70 to 1648.80 6.44% 5.6 times
27 Tue May 2025 1536.80 1526.10 to 1547.00 0.23% 0.45 times
26 Mon May 2025 1533.20 1520.20 to 1557.40 -0.18% 0.37 times
23 Fri May 2025 1535.90 1510.00 to 1543.00 0.25% 0.33 times
22 Thu May 2025 1532.10 1496.00 to 1541.50 1.46% 0.48 times
21 Wed May 2025 1510.00 1503.00 to 1538.40 -0.19% 0.37 times
20 Tue May 2025 1512.80 1503.20 to 1540.00 -0.8% 0.33 times
19 Mon May 2025 1525.00 1496.80 to 1551.60 1.74% 0.72 times
16 Fri May 2025 1498.90 1491.10 to 1534.90 -1.74% 0.92 times
15 Thu May 2025 1525.50 1506.60 to 1538.00 1.23% 0.44 times
14 Wed May 2025 1507.00 1491.10 to 1525.10 0.09% 1.25 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.

Although my analysis for Concord Biotech Limited 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 1692.7, for a target of 1617.9 or 1555.57

More indepth analysis on MunafaSutra.com