Is Concord Biotech technically bullish or bearish?
As of June 23, 2025, the technical trend is neutral with mixed indicators, showing a shift from mildly bullish to sideways, as weekly and monthly analyses present conflicting signals.
As of 23 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD shows no signal. The weekly Bollinger Bands are mildly bullish, but the monthly Bollinger Bands indicate a sideways trend. Daily moving averages are mildly bearish, and the weekly Dow Theory is also mildly bearish, contrasting with the monthly Dow Theory which is mildly bullish. The weekly KST is mildly bullish, but the OBV shows no trend in the weekly timeframe while being bullish monthly. Overall, the mixed signals suggest a lack of clear direction, leading to a neutral stance.
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