(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 2024-06-03 View latest technical analysis
10 day averaged volume of Canara Bank is 2091900
Date | Daily Closing Price | Open | High | Low | Volume |
03 Mon Jun 2024 | 128.05 | 124.05 | 128.90 | 122.40 | 4.903 times |
31 Fri May 2024 | 118.00 | 116.65 | 119.30 | 114.40 | 2.588 times |
30 Thu May 2024 | 115.05 | 116.55 | 117.60 | 114.80 | 1.036 times |
29 Wed May 2024 | 116.55 | 116.70 | 118.35 | 115.50 | 0.891 times |
28 Tue May 2024 | 115.95 | 117.80 | 118.70 | 115.35 | 0.482 times |
27 Mon May 2024 | 116.95 | 118.15 | 118.25 | 115.80 | 0.61 times |
24 Fri May 2024 | 117.15 | 118.50 | 118.80 | 116.85 | 0.473 times |
23 Thu May 2024 | 117.65 | 116.80 | 118.65 | 116.60 | 1.187 times |
22 Wed May 2024 | 116.00 | 117.05 | 117.05 | 114.90 | 1.222 times |
21 Tue May 2024 | 116.25 | 115.25 | 116.80 | 113.65 | 1.285 times |
Stock of Canara Bank (CanaraBank) has showed a significant upmove. This could be a good time to enter in this stock!
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 47.2 as stoploss in an intra day buy trade for a target of 249.13. However, stock will show a bearish move below 47.2.
Share price targets for Canara Bank (CanaraBank)
Target Type | Value |
Downside Target | 111.85 |
Downside Target | 118.80 |
Downside Target | 122.40 |
Upside Target | 128.90 |
Upside Target | 479.50 |
Upside Target | 529.10 |
Upside Target | 541.70 |
Upside Target | 562.90 |
Upside Target | 568.95 |
Upside Target | 598.75 |
Upside Target | 606.00 |
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 | 124 |
Downside Intraday Target | 119.95 |
Upside Intraday Target | 130.5 |
Upside Intraday Target | 132.95 |
Downside Intraday Target | 126.45 |
Weekly technical analysis of Canara Bank (CanaraBank)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Mon Jun 2024 | 128.05 | 124.05 | 128.90 | 122.40 | 0.874 times |
31 Fri May 2024 | 118.00 | 118.15 | 119.30 | 114.40 | 1.346 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 |
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 |
03 Mon Jun 2024 | 128.05 | 124.05 | 128.90 | 122.40 | 0.277 times |
31 Fri May 2024 | 118.00 | 624.55 | 632.65 | 111.85 | 6.335 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 |
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 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 short 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 120.57 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 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 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 short 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 120.57 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 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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