Is CONCORD BIOTECH in uptrend or downtrend?

In the short term price movements in CONCORDBIO share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is CONCORD BIOTECH share price forecast for tomorrow?

In Concord Biotech Limited stock current resistance level is at 1168 and support level is at 1062. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are CONCORD BIOTECH support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Concord Biotech Limited in the short-term, the supply zone around 1168 and 1170. Hence, good chances of resistance around 1170. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Concord Biotech Limited share is around 1062 and 1060. Hence, good chances for support around 1060.

Why is CONCORD BIOTECH share price falling today?

Perhaps CONCORDBIO stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

CONCORD BIOTECH Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data