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Stock analysis Concord Biotech Limited CONCORDBIO

More indepth analysis on MunafaSutra.com

Moving Averages for Concord Biotech Limited

  • 5Day Average: 1997.26
  • 12Day Average: 2015
  • 20Day Average: 1891.57
  • 50Day Average: 1694.68
  • 100Day Average: 1757.54
  • 150Day Average: 1883.9
  • 200Day Average: 1901.59

CONCORDBIO Indicators & signals

Indicator MACD (12,26,9)

1960.85, 1860.9, 113.69
Indicator MACD is in positive zone

Indicator ADX (14)

11.23, 22.5, 28.19
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
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
20 Fri Jun 2025 1837.30 1800.00 to 2038.90 -6.89% 5.99 times
19 Thu Jun 2025 1973.30 1955.90 to 2059.50 -1.77% 0.5 times
18 Wed Jun 2025 2008.90 1967.40 to 2083.40 -3% 0.77 times
17 Tue Jun 2025 2071.00 2052.20 to 2110.90 -1.18% 0.51 times
16 Mon Jun 2025 2095.80 2085.70 to 2146.00 -0.66% 0.72 times
13 Fri Jun 2025 2109.70 1990.60 to 2123.00 2.23% 0.85 times
12 Thu Jun 2025 2063.60 2040.00 to 2136.20 -3.14% 0.91 times
11 Wed Jun 2025 2130.40 2086.40 to 2150.40 1.46% 1.17 times
10 Tue Jun 2025 2099.70 2012.00 to 2124.90 4.31% 2.07 times
09 Mon Jun 2025 2013.00 1919.50 to 2058.00 4.48% 1.66 times
06 Fri Jun 2025 1926.60 1846.80 to 1965.50 4.1% 0.83 times
05 Thu Jun 2025 1850.70 1837.40 to 1923.40 -1.35% 0.67 times

Technical analysis forecast for Concord Biotech Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Concord Biotech Limited CONCORDBIO at this time. Stock is falling and might fall more.

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

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

My analysis of Concord Biotech Limited is bearish for shortterm, and stock might move down till 1714.2 or till 1491. Use a stoploss of 1900.22 and if the stock hits stoploss, then it can shoot up till 2086.21

More indepth analysis on MunafaSutra.com