(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 2024-08-08 View latest technical analysis
10 day averaged volume of Canara Bank is 2228856
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 107.20 | 108.15 | 108.55 | 106.50 | 0.2 times |
| 07 Wed Aug 2024 | 108.15 | 106.80 | 108.50 | 105.40 | 0.602 times |
| 06 Tue Aug 2024 | 105.05 | 106.05 | 108.20 | 104.80 | 0.321 times |
| 05 Mon Aug 2024 | 105.25 | 106.70 | 108.35 | 104.00 | 2.374 times |
| 02 Fri Aug 2024 | 110.50 | 112.00 | 112.00 | 110.10 | 0.834 times |
| 01 Thu Aug 2024 | 112.70 | 115.10 | 115.60 | 112.10 | 0.279 times |
| 31 Wed Jul 2024 | 114.70 | 116.00 | 116.20 | 114.25 | 0.733 times |
| 30 Tue Jul 2024 | 115.80 | 116.35 | 116.40 | 115.25 | 0.359 times |
| 29 Mon Jul 2024 | 115.85 | 115.05 | 117.80 | 115.05 | 1.176 times |
| 26 Fri Jul 2024 | 113.80 | 112.75 | 114.35 | 110.85 | 1.623 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 109, but if it comes above 109, then a intra day buy could be more profitable.
If you take a sell trade below 109, then use 109 as stoploss and 104.8 as target. However if you take a buy trade in stock , then use 109 as stoploss and 112.49 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 104.00 |
| Upside Target | 108.55 |
| Upside Target | 115.50 |
| Upside Target | 117.80 |
| Upside Target | 118.00 |
| Upside Target | 118.20 |
| Upside Target | 120.20 |
| Upside Target | 129.35 |
| Upside Target | 562.90 |
| Upside Target | 629.65 |
| Upside Target | 632.65 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 104.62 |
| Downside Intraday Target | 102.03 |
| Upside Intraday Target | 109.17 |
| Upside Intraday Target | 111.13 |
| Downside Intraday Target | 106.58 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 107.20 | 106.70 | 108.55 | 104.00 | 1.034 times |
| 02 Fri Aug 2024 | 110.50 | 115.05 | 117.80 | 110.10 | 0.59 times |
| 26 Fri Jul 2024 | 113.80 | 112.85 | 115.50 | 109.00 | 1.467 times |
| 19 Fri Jul 2024 | 112.85 | 113.65 | 118.20 | 112.25 | 1.299 times |
| 12 Fri Jul 2024 | 112.70 | 117.75 | 118.00 | 112.40 | 0.972 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 |
| 08 Thu Aug 2024 | 107.20 | 115.10 | 115.60 | 104.00 | 0.256 times |
| 31 Wed Jul 2024 | 114.70 | 119.50 | 120.20 | 109.00 | 0.652 times |
| 28 Fri Jun 2024 | 119.40 | 124.05 | 129.35 | 99.60 | 1.663 times |
| 31 Fri May 2024 | 118.00 | 624.55 | 632.65 | 111.85 | 6.335 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 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 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 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 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 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 buy signal for Canara Bank in short term but BUY 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 110.61 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 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 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 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 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 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 buy signal for Canara Bank in short term but BUY 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 110.61 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.
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