(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 2024-09-06 View latest technical analysis
10 day averaged volume of Canara Bank is 947060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 103.40 | 108.00 | 108.05 | 103.00 | 4.31 times |
| 05 Thu Sep 2024 | 108.20 | 109.10 | 109.50 | 107.75 | 1.342 times |
| 04 Wed Sep 2024 | 108.60 | 107.10 | 109.60 | 107.10 | 1.011 times |
| 03 Tue Sep 2024 | 111.35 | 112.95 | 113.35 | 111.20 | 1.841 times |
| 02 Mon Sep 2024 | 112.80 | 111.75 | 113.35 | 110.05 | 1.416 times |
| 30 Fri Aug 2024 | 111.50 | 110.50 | 112.35 | 110.50 | 1.125 times |
| 29 Thu Aug 2024 | 110.30 | 110.30 | 110.75 | 108.85 | 0.343 times |
| 28 Wed Aug 2024 | 110.20 | 111.25 | 111.25 | 109.75 | 1.068 times |
| 27 Tue Aug 2024 | 110.85 | 111.55 | 112.00 | 110.50 | 0.286 times |
| 26 Mon Aug 2024 | 111.40 | 113.45 | 113.45 | 111.20 | 1.147 times |
Stock of Canara Bank (CanaraBank) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 104.6, for a target of 107.4 or 109.81
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 103.00 |
| Upside Target | 108.30 |
| Upside Target | 113.00 |
| Upside Target | 113.35 |
| Upside Target | 113.45 |
| Upside Target | 115.60 |
| Upside Target | 120.20 |
| Upside Target | 129.35 |
| Upside Target | 632.65 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 99.82 |
| Downside Intraday Target | 96.23 |
| Upside Intraday Target | 110.17 |
| Upside Intraday Target | 116.93 |
| Upside Intraday Target | 106.58 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 103.40 | 111.75 | 113.35 | 103.00 | 2.5 times |
| 30 Fri Aug 2024 | 111.50 | 113.45 | 113.45 | 108.85 | 1.038 times |
| 23 Fri Aug 2024 | 112.15 | 108.50 | 113.00 | 108.30 | 0.273 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 |
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 |
| 06 Fri Sep 2024 | 103.40 | 111.75 | 113.35 | 103.00 | 0.282 times |
| 30 Fri Aug 2024 | 111.50 | 115.10 | 115.60 | 104.00 | 0.83 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 |
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 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 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 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 gaining momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
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 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 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 108.42 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
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 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 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 108.42 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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