Is Concord Biotech technically bullish or bearish?

Aug 30 2025 08:06 AM IST
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As of August 29, 2025, Concord Biotech's trend has shifted to mildly bearish, indicated by bearish momentum from the MACD and Bollinger Bands, despite some bullish signals from KST and OBV.
As of 29 August 2025, the technical trend for Concord Biotech has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish momentum, along with daily moving averages also showing bearish signals. The Dow Theory reflects a mildly bearish outlook on the monthly time frame. Despite some bullish signals from the KST and OBV on the weekly and monthly time frames respectively, the overall indicators suggest a lack of strength in the bullish direction.
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