(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 2024-05-30 View latest technical analysis
10 day averaged volume of Canara Bank is 2128114
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 115.05 | 116.55 | 117.60 | 114.80 | 1.019 times |
| 29 Wed May 2024 | 116.55 | 116.70 | 118.35 | 115.50 | 0.876 times |
| 28 Tue May 2024 | 115.95 | 117.80 | 118.70 | 115.35 | 0.474 times |
| 27 Mon May 2024 | 116.95 | 118.15 | 118.25 | 115.80 | 0.6 times |
| 24 Fri May 2024 | 117.15 | 118.50 | 118.80 | 116.85 | 0.465 times |
| 23 Thu May 2024 | 117.65 | 116.80 | 118.65 | 116.60 | 1.167 times |
| 22 Wed May 2024 | 116.00 | 117.05 | 117.05 | 114.90 | 1.201 times |
| 21 Tue May 2024 | 116.25 | 115.25 | 116.80 | 113.65 | 1.263 times |
| 18 Sat May 2024 | 114.50 | 114.45 | 114.90 | 114.05 | 0.221 times |
| 17 Fri May 2024 | 113.80 | 115.10 | 115.15 | 113.20 | 0.961 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 74.6 as stoploss in an intra day buy trade for a target of 297.68. However, stock will show a bearish move below 74.6.
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 | 113.67 |
| Downside Intraday Target | 112.28 |
| Upside Intraday Target | 117.57 |
| Upside Intraday Target | 120.08 |
| Upside Intraday Target | 116.18 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 115.05 | 118.15 | 118.70 | 114.80 | 0.725 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 |
| 30 Thu May 2024 | 115.05 | 624.55 | 632.65 | 111.85 | 5.408 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 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 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 to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 116.05 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 116.05 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. 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 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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