(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 2024-05-28 View latest technical analysis
10 day averaged volume of Canara Bank is 2142287
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 115.95 | 117.80 | 118.70 | 115.35 | 0.471 times |
| 27 Mon May 2024 | 116.95 | 118.15 | 118.25 | 115.80 | 0.596 times |
| 24 Fri May 2024 | 117.15 | 118.50 | 118.80 | 116.85 | 0.462 times |
| 23 Thu May 2024 | 117.65 | 116.80 | 118.65 | 116.60 | 1.159 times |
| 22 Wed May 2024 | 116.00 | 117.05 | 117.05 | 114.90 | 1.193 times |
| 21 Tue May 2024 | 116.25 | 115.25 | 116.80 | 113.65 | 1.254 times |
| 18 Sat May 2024 | 114.50 | 114.45 | 114.90 | 114.05 | 0.22 times |
| 17 Fri May 2024 | 113.80 | 115.10 | 115.15 | 113.20 | 0.955 times |
| 16 Thu May 2024 | 113.70 | 120.75 | 120.75 | 111.85 | 2.753 times |
| 15 Wed May 2024 | 119.00 | 115.80 | 119.60 | 115.80 | 1.18 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 115 as stoploss in an intra day buy trade for a target of 348.63. However, stock will show a bearish move below 115.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 111.85 |
| Upside Target | 118.70 |
| Upside Target | 438.50 |
| Upside Target | 479.50 |
| Upside Target | 529.10 |
| Upside Target | 541.70 |
| Upside Target | 562.90 |
| Upside Target | 598.75 |
| Upside Target | 606.00 |
| Upside Target | 613.60 |
| Upside Target | 629.65 |
| Upside Target | 630.65 |
| Upside Target | 632.65 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 114.63 |
| Downside Intraday Target | 113.32 |
| Upside Intraday Target | 117.98 |
| Upside Intraday Target | 120.02 |
| Upside Intraday Target | 116.67 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 115.95 | 118.15 | 118.70 | 115.35 | 0.262 times |
| 24 Fri May 2024 | 117.15 | 115.25 | 118.80 | 113.65 | 0.712 times |
| 18 Sat May 2024 | 114.50 | 552.95 | 568.95 | 111.85 | 3.155 times |
| 10 Fri May 2024 | 548.20 | 629.85 | 630.65 | 541.70 | 3.774 times |
| 03 Fri May 2024 | 625.40 | 624.20 | 632.65 | 613.60 | 0.515 times |
Price has moved down 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 |
| 28 Tue May 2024 | 115.95 | 624.55 | 632.65 | 111.85 | 4.718 times |
| 30 Tue Apr 2024 | 621.85 | 583.05 | 629.65 | 562.90 | 0.923 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 |
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 Canara Bank (CanaraBank)
Price action analysis of Canara Bank ( (CanaraBank) ) 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 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 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 115.81 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 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.
Price action analysis of Canara Bank ( (CanaraBank) ) 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 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 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 115.81 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 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.
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