Is Concord Biotech technically bullish or bearish?

Jul 10 2025 08:07 AM IST
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As of July 9, 2025, Concord Biotech's technical trend is mildly bullish, supported by the weekly MACD, Bollinger Bands, and KST indicators, despite some caution from daily moving averages.
As of 9 July 2025, the technical trend for Concord Biotech has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the Bollinger Bands also reflect bullish conditions on the weekly chart and mildly bullish on the monthly. The KST is bullish on the weekly timeframe, supporting the overall positive sentiment. However, the daily moving averages are mildly bearish, which introduces some caution. The Dow Theory shows a mildly bullish trend on the monthly chart, and the OBV is mildly bullish on the weekly timeframe. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and KST indicators.
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