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(CCM) Concord Medical complete technical analysis [charts+indicators] | Buy/Sell Concord Medical | (CCM) share price targets

Complete technical analysis of Concord Medical (CCM) by charts plus indicators, forecast predictions and share price targets for Concord Medical (CCM)

Concord Medical trades in USA in Health Care sector.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Concord Medical is 7820

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	0.47	0.43	0.50	0.43	7.315 times
04 Mon Mar 2024	0.51	0.43	0.56	0.43	4.118 times
01 Fri Mar 2024	0.52	0.49	0.55	0.49	2.008 times
29 Thu Feb 2024	0.49	0.66	0.67	0.45	0.882 times
28 Wed Feb 2024	0.50	0.45	0.50	0.45	0.959 times
27 Tue Feb 2024	0.47	0.48	0.49	0.43	0.358 times
26 Mon Feb 2024	0.46	0.45	0.54	0.40	0.575 times
23 Fri Feb 2024	0.54	0.74	0.74	0.49	0.601 times
22 Thu Feb 2024	0.64	0.69	0.69	0.64	0.192 times
21 Wed Feb 2024	0.73	0.78	0.78	0.72	0.205 times

Stock of Concord Medical (CCM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.5, but if it comes above 0.5, then a intra day buy could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.3 as target. However if you take a buy trade in stock , then use 0.5 as stoploss and 0.67 as target.

Share price targets for Concord Medical (CCM)

Target Type	Value
Downside Target	0.40
Downside Target	0.43
Upside Target	0.49
Upside Target	0.56
Upside Target	0.67
Upside Target	0.69
Upside Target	0.78
Upside Target	0.82
Upside Target	0.92
Upside Target	1.00
Upside Target	1.01
Upside Target	1.15
Upside Target	1.19
Upside Target	1.22

Intraday share price targets for Concord Medical (CCM)

Target Type	Value
Downside Intraday Target	0.41
Downside Intraday Target	0.36
Upside Intraday Target	0.54
Upside Intraday Target	0.62
Upside Intraday Target	0.49

Weekly technical analysis of Concord Medical (CCM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	0.47	0.43	0.56	0.43	2.39 times
01 Fri Mar 2024	0.52	0.45	0.67	0.40	4.349 times
23 Fri Feb 2024	0.54	0.82	0.82	0.49	0.518 times
16 Fri Feb 2024	0.78	0.87	1.00	0.78	10.375 times
09 Fri Feb 2024	0.78	0.78	0.78	0.78	0.242 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Concord Medical (CCM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	0.47	0.49	0.56	0.43	2.094 times
29 Thu Feb 2024	0.49	0.80	1.00	0.40	1.268 times
31 Wed Jan 2024	0.78	1.12	1.15	0.69	0.789 times
29 Fri Dec 2023	1.10	1.09	1.19	0.92	1.426 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Concord Medical (CCM)

Price action analysis of Concord Medical ( (CCM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Concord Medical ( (CCM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Concord Medical ( (CCM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Concord Medical ( (CCM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Concord Medical stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Concord Medical in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Concord Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Concord Medical in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Concord Medical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.5 and Concord Medical (CCM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Concord Medical (CCM) stock. Volume based technical analysis of Concord Medical (CCM) stock is negative.

Concord Medical Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.