Stock analysis Concord Biotech Limited CONCORDBIO
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Recent prices of CONCORDBIO Concord Biotech Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Jan 2025 | 2160.45 | 2150.00 to 2226.85 | -0.38% | 1.68 times |
| 20 Mon Jan 2025 | 2168.70 | 2154.95 to 2253.25 | -0.43% | 0.6 times |
| 17 Fri Jan 2025 | 2178.00 | 2173.80 to 2254.75 | -2.8% | 0.23 times |
| 16 Thu Jan 2025 | 2240.75 | 2225.10 to 2315.00 | -0.54% | 0.37 times |
| 15 Wed Jan 2025 | 2252.95 | 2215.10 to 2357.40 | -3.2% | 0.9 times |
| 14 Tue Jan 2025 | 2327.40 | 2276.10 to 2340.00 | 2.66% | 0.62 times |
| 13 Mon Jan 2025 | 2267.20 | 2187.25 to 2359.00 | 0% | 1.77 times |
| 13 Mon Jan 2025 | 2267.20 | 2187.25 to 2359.00 | 0.47% | 1.77 times |
| 10 Fri Jan 2025 | 2256.50 | 2184.75 to 2310.05 | -2.74% | 0.62 times |
| 09 Thu Jan 2025 | 2320.15 | 2246.20 to 2345.00 | 2.53% | 1.61 times |
| 08 Wed Jan 2025 | 2262.90 | 2152.30 to 2285.00 | 4.14% | 1.52 times |
| 07 Tue Jan 2025 | 2172.95 | 2143.75 to 2188.00 | 0.83% | 0.45 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, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2137.6 as stoploss in an intra day buy trade for a target of 2200.73. However, stock will show a bearish move below 2137.6.