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(CanaraBank) Canara Bank complete technical analysis [charts+indicators] | Buy/Sell Canara Bank | (CanaraBank) share price targets

Complete technical analysis of Canara Bank (CanaraBank) by charts plus indicators, forecast predictions and share price targets for Canara Bank (CanaraBank)

10 day averaged volume of Canara Bank is 1082511

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	90.90	92.50	92.50	90.50	0.786 times
29 Wed Jan 2025	91.90	92.95	92.95	91.35	1.32 times
28 Tue Jan 2025	92.00	93.70	94.90	90.30	1.637 times
27 Mon Jan 2025	91.85	95.90	97.55	90.90	2.174 times
24 Fri Jan 2025	96.75	98.20	98.60	96.45	0.727 times
23 Thu Jan 2025	98.20	97.85	98.85	96.85	0.382 times
22 Wed Jan 2025	97.85	99.65	99.65	95.65	0.467 times
21 Tue Jan 2025	99.40	101.60	101.60	99.15	0.82 times
20 Mon Jan 2025	101.10	98.25	102.00	97.65	0.613 times
17 Fri Jan 2025	97.85	97.45	98.35	96.55	0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.3, but if it comes above 92.3, then a intra day buy could be more profitable.
If you take a sell trade below 92.3, then use 92.3 as stoploss and 88.1 as target. However if you take a buy trade in stock , then use 92.3 as stoploss and 95.7 as target.

Share price targets for Canara Bank (CanaraBank)

Target Type	Value
Downside Target	87.75
Downside Target	90.30
Upside Target	92.55
Upside Target	95.65
Upside Target	101.80
Upside Target	102.00
Upside Target	103.10
Upside Target	106.50
Upside Target	110.75
Upside Target	112.45
Upside Target	113.45

Intraday share price targets for Canara Bank (CanaraBank)

Target Type	Value
Downside Intraday Target	88.28
Downside Intraday Target	85.67
Upside Intraday Target	95.53
Upside Intraday Target	100.17
Upside Intraday Target	92.92

Weekly technical analysis of Canara Bank (CanaraBank)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	90.90	95.90	97.55	90.30	1.967 times
24 Fri Jan 2025	96.75	98.25	102.00	95.65	0.47 times
17 Fri Jan 2025	97.85	92.05	98.35	87.75	1.128 times
10 Fri Jan 2025	92.85	101.50	101.80	92.60	1.417 times
03 Fri Jan 2025	101.45	100.45	103.10	98.80	1.4 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 Canara Bank (CanaraBank)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	90.90	100.75	103.10	87.75	1.137 times
31 Tue Dec 2024	100.15	101.05	110.75	98.80	1.008 times
29 Fri Nov 2024	101.95	103.05	106.50	92.55	0.844 times
31 Thu Oct 2024	102.65	111.90	112.45	93.00	0.753 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Canara Bank (CanaraBank)

Price action analysis of Canara Bank ( (CanaraBank) ) based on a short 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 Canara Bank ( (CanaraBank) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Canara Bank ( (CanaraBank) ) 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 Canara Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Canara Bank in short term and the sell signal is strong.

Canara Bank 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 Canara Bank 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 positive zone. This is a BUY zone

Stock of Canara Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 94.33 and Canara Bank (CanaraBank) 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 Canara Bank (CanaraBank) stock. Volume based technical analysis of Canara Bank (CanaraBank) stock is negative.

Canara Bank 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.