(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)
Showing technical analysis as on 2024-04-02 View latest technical analysis
10 day averaged volume of Canara Bank is 214073
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 594.90 | 589.00 | 595.30 | 587.90 | 0.476 times |
| 01 Mon Apr 2024 | 589.00 | 583.05 | 590.25 | 583.05 | 1.128 times |
| 28 Thu Mar 2024 | 581.10 | 572.70 | 587.55 | 568.75 | 1.372 times |
| 27 Wed Mar 2024 | 563.90 | 572.55 | 574.75 | 562.55 | 0.457 times |
| 26 Tue Mar 2024 | 571.80 | 570.50 | 574.40 | 567.60 | 0.616 times |
| 22 Fri Mar 2024 | 573.10 | 563.90 | 577.30 | 563.75 | 0.731 times |
| 21 Thu Mar 2024 | 563.75 | 559.00 | 568.40 | 558.05 | 1.133 times |
| 20 Wed Mar 2024 | 551.10 | 550.00 | 554.30 | 535.75 | 0.73 times |
| 19 Tue Mar 2024 | 548.20 | 552.95 | 555.65 | 546.10 | 0.735 times |
| 18 Mon Mar 2024 | 552.90 | 549.00 | 556.20 | 545.10 | 0.953 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 592.7, but if it comes below 592.7, then a intra day sell could be more profitable.
If you take a sell trade below 592.7, then use 592.7 as stoploss and 572.68 as target. However if you take a buy trade in stock , then use 592.7 as stoploss and 616.8 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 404.05 |
| Downside Target | 438.50 |
| Downside Target | 454.70 |
| Downside Target | 479.50 |
| Downside Target | 529.10 |
| Downside Target | 562.55 |
| Downside Target | 577.30 |
| Upside Target | 595.30 |
| Upside Target | 598.75 |
| Upside Target | 602.00 |
| Upside Target | 606.00 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 586.87 |
| Downside Intraday Target | 578.83 |
| Upside Intraday Target | 599.12 |
| Upside Intraday Target | 603.33 |
| Downside Intraday Target | 591.08 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 594.90 | 583.05 | 595.30 | 583.05 | 0.656 times |
| 28 Thu Mar 2024 | 581.10 | 570.50 | 587.55 | 562.55 | 0.571 times |
| 22 Fri Mar 2024 | 573.10 | 549.00 | 577.30 | 535.75 | 0.38 times |
| 15 Fri Mar 2024 | 548.80 | 597.85 | 602.00 | 529.10 | 1.22 times |
| 07 Thu Mar 2024 | 597.85 | 587.15 | 606.00 | 584.00 | 0.845 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Canara Bank (CanaraBank)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 594.90 | 583.05 | 595.30 | 583.05 | 0.054 times |
| 28 Thu Mar 2024 | 581.10 | 570.00 | 606.00 | 529.10 | 0.507 times |
| 29 Thu Feb 2024 | 564.95 | 483.85 | 598.75 | 479.50 | 0.632 times |
| 31 Wed Jan 2024 | 481.85 | 440.00 | 485.20 | 438.50 | 2.114 times |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Canara Bank in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canara Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 569.51 and Canara Bank (CanaraBank) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Canara Bank in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canara Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 569.51 and Canara Bank (CanaraBank) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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