Is Concord Biotech technically bullish or bearish?

Jul 08 2025 08:13 AM IST
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As of July 7, 2025, Concord Biotech's technical trend has shifted to sideways, with mixed signals indicating indecision in the market, as the weekly MACD is mildly bullish while daily moving averages are mildly bearish.
As of 7 July 2025, the technical trend for Concord Biotech has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the daily moving averages indicate a mildly bearish trend. The Bollinger Bands show a bullish stance on the weekly timeframe but are sideways on the monthly. The Dow Theory reflects a mildly bullish outlook on the monthly timeframe, while the weekly shows no trend. Overall, the lack of strong signals from the RSI and OBV suggests indecision in the market, supporting the sideways trend.
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