(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 2024-08-22 View latest technical analysis
10 day averaged volume of Canara Bank is 2014804
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 112.30 | 111.80 | 112.65 | 111.70 | 0.241 times |
| 21 Wed Aug 2024 | 111.60 | 111.50 | 111.90 | 110.65 | 0.184 times |
| 20 Tue Aug 2024 | 111.35 | 110.75 | 111.90 | 109.55 | 0.621 times |
| 19 Mon Aug 2024 | 109.90 | 108.50 | 111.35 | 108.30 | 0.554 times |
| 16 Fri Aug 2024 | 107.60 | 107.85 | 108.30 | 106.50 | 4.802 times |
| 14 Wed Aug 2024 | 105.65 | 106.80 | 107.10 | 105.50 | 0.453 times |
| 13 Tue Aug 2024 | 106.75 | 109.00 | 110.15 | 106.35 | 0.639 times |
| 12 Mon Aug 2024 | 109.60 | 109.35 | 110.80 | 108.45 | 0.694 times |
| 09 Fri Aug 2024 | 110.60 | 108.15 | 112.50 | 107.70 | 1.167 times |
| 08 Thu Aug 2024 | 107.20 | 108.15 | 108.55 | 106.50 | 0.221 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 113.6 as stoploss in an intra day sell trade for a target of 110.31. However, stock will show a bullish move above 113.6.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 104.00 |
| Downside Target | 108.30 |
| Upside Target | 115.50 |
| Upside Target | 115.60 |
| Upside Target | 117.80 |
| 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 | 109.52 |
| Downside Intraday Target | 106.73 |
| Upside Intraday Target | 113.87 |
| Upside Intraday Target | 115.43 |
| Downside Intraday Target | 111.08 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 112.30 | 108.50 | 112.65 | 108.30 | 0.243 times |
| 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 |
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 |
| 22 Thu Aug 2024 | 112.30 | 115.10 | 115.60 | 104.00 | 0.726 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 108.52 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 108.52 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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