(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 2024-06-06 View latest technical analysis
10 day averaged volume of Canara Bank is 3938665
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 118.05 | 117.60 | 120.50 | 116.45 | 1.528 times |
| 05 Wed Jun 2024 | 115.25 | 115.40 | 116.30 | 104.85 | 0.902 times |
| 04 Tue Jun 2024 | 109.75 | 129.35 | 129.35 | 99.60 | 2.634 times |
| 03 Mon Jun 2024 | 128.05 | 124.05 | 128.90 | 122.40 | 2.604 times |
| 31 Fri May 2024 | 118.00 | 116.65 | 119.30 | 114.40 | 1.374 times |
| 30 Thu May 2024 | 115.05 | 116.55 | 117.60 | 114.80 | 0.55 times |
| 29 Wed May 2024 | 116.55 | 116.70 | 118.35 | 115.50 | 0.473 times |
| 28 Tue May 2024 | 115.95 | 117.80 | 118.70 | 115.35 | 0.256 times |
| 27 Mon May 2024 | 116.95 | 118.15 | 118.25 | 115.80 | 0.324 times |
| 24 Fri May 2024 | 117.15 | 118.50 | 118.80 | 116.85 | 0.251 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.8 or till -161.9. Use a stoploss of 182.26 and if the stock hits stoploss, then it can shoot up till 338.71
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside 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 | 101.98 |
| Downside Intraday Target | 85.92 |
| Upside Intraday Target | 131.73 |
| Upside Intraday Target | 145.42 |
| Downside Intraday Target | 115.67 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 118.05 | 124.05 | 129.35 | 99.60 | 2.574 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, 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 |
| 06 Thu Jun 2024 | 118.05 | 124.05 | 129.35 | 99.60 | 0.816 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 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 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 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 neutral. A longer time frame might give a better analysis.
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. Bears 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 and selling is picking up 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 117.88 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 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 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 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 neutral. A longer time frame might give a better analysis.
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. Bears 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 and selling is picking up 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 117.88 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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