(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 2024-08-16 View latest technical analysis
10 day averaged volume of Canara Bank is 1622466
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 107.60 | 107.85 | 108.30 | 106.50 | 5.963 times |
| 14 Wed Aug 2024 | 105.65 | 106.80 | 107.10 | 105.50 | 0.563 times |
| 13 Tue Aug 2024 | 106.75 | 109.00 | 110.15 | 106.35 | 0.793 times |
| 12 Mon Aug 2024 | 109.60 | 109.35 | 110.80 | 108.45 | 0.862 times |
| 09 Fri Aug 2024 | 110.60 | 108.15 | 112.50 | 107.70 | 1.449 times |
| 08 Thu Aug 2024 | 107.20 | 108.15 | 108.55 | 106.50 | 0.274 times |
| 07 Wed Aug 2024 | 108.15 | 106.80 | 108.50 | 105.40 | 0.828 times |
| 06 Tue Aug 2024 | 105.05 | 106.05 | 108.20 | 104.80 | 0.442 times |
| 05 Mon Aug 2024 | 105.25 | 106.70 | 108.35 | 104.00 | 3.261 times |
| 02 Fri Aug 2024 | 110.50 | 112.00 | 112.00 | 110.10 | 1.146 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 107.2 as stoploss in an intra day buy trade for a target of 110.71. However, stock will show a bearish move below 107.2.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 104.00 |
| Upside Target | 109.00 |
| Upside Target | 115.50 |
| Upside Target | 115.60 |
| Upside Target | 117.80 |
| 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 | 105.13 |
| Downside Intraday Target | 102.67 |
| Upside Intraday Target | 110.43 |
| Upside Intraday Target | 113.27 |
| Upside Intraday Target | 107.97 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 107.60 | 109.35 | 110.80 | 105.50 | 1.308 times |
| 09 Fri Aug 2024 | 110.60 | 106.70 | 112.50 | 104.00 | 1.346 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 |
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 |
| 16 Fri Aug 2024 | 107.60 | 115.10 | 115.60 | 104.00 | 0.646 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 107.55 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 107.55 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 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