(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 2024-06-04 View latest technical analysis
10 day averaged volume of Canara Bank is 3070410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 109.75 | 129.35 | 129.35 | 99.60 | 3.379 times |
| 03 Mon Jun 2024 | 128.05 | 124.05 | 128.90 | 122.40 | 3.34 times |
| 31 Fri May 2024 | 118.00 | 116.65 | 119.30 | 114.40 | 1.763 times |
| 30 Thu May 2024 | 115.05 | 116.55 | 117.60 | 114.80 | 0.706 times |
| 29 Wed May 2024 | 116.55 | 116.70 | 118.35 | 115.50 | 0.607 times |
| 28 Tue May 2024 | 115.95 | 117.80 | 118.70 | 115.35 | 0.329 times |
| 27 Mon May 2024 | 116.95 | 118.15 | 118.25 | 115.80 | 0.416 times |
| 24 Fri May 2024 | 117.15 | 118.50 | 118.80 | 116.85 | 0.322 times |
| 23 Thu May 2024 | 117.65 | 116.80 | 118.65 | 116.60 | 0.809 times |
| 22 Wed May 2024 | 116.00 | 117.05 | 117.05 | 114.90 | 0.832 times |
Stock of Canara Bank (CanaraBank) has showed a significant fall. This could be a good time to exit from 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 36.5 as stoploss in an intra day buy trade for a target of 225.78. However, stock will show a bearish move below 36.5.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Upside Target | 111.85 |
| Upside Target | 118.80 |
| Upside Target | 129.35 |
| 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 | 96.45 |
| Downside Intraday Target | 83.15 |
| Upside Intraday Target | 126.2 |
| Upside Intraday Target | 142.65 |
| Upside Intraday Target | 112.9 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 109.75 | 124.05 | 129.35 | 99.60 | 1.759 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 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 |
| 04 Tue Jun 2024 | 109.75 | 124.05 | 129.35 | 99.60 | 0.558 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 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 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 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 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 mid to longer 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.
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 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 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 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 117.95 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.
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 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 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 mid to longer 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.
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 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 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 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 117.95 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.
Click here for Canara Bank charts
Click here for further forecast and predictions for tomorrow