(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 2024-09-13 View latest technical analysis
10 day averaged volume of Canara Bank is 1903859
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 106.40 | 104.40 | 107.25 | 104.00 | 1.145 times |
| 12 Thu Sep 2024 | 104.00 | 102.30 | 104.35 | 101.90 | 0.71 times |
| 11 Wed Sep 2024 | 101.65 | 103.60 | 104.15 | 101.25 | 1.068 times |
| 10 Tue Sep 2024 | 103.60 | 104.95 | 104.95 | 103.50 | 0.875 times |
| 09 Mon Sep 2024 | 104.05 | 103.90 | 104.35 | 100.70 | 1.853 times |
| 06 Fri Sep 2024 | 103.40 | 108.00 | 108.05 | 103.00 | 2.144 times |
| 05 Thu Sep 2024 | 108.20 | 109.10 | 109.50 | 107.75 | 0.668 times |
| 04 Wed Sep 2024 | 108.60 | 107.10 | 109.60 | 107.10 | 0.503 times |
| 03 Tue Sep 2024 | 111.35 | 112.95 | 113.35 | 111.20 | 0.916 times |
| 02 Mon Sep 2024 | 112.80 | 111.75 | 113.35 | 110.05 | 0.704 times |
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 105.3 as stoploss in an intra day buy trade for a target of 108.78. However, stock will show a bearish move below 105.3.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 103.00 |
| Upside Target | 111.85 |
| 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 | 102.32 |
| Downside Intraday Target | 98.23 |
| Upside Intraday Target | 108.87 |
| Upside Intraday Target | 111.33 |
| Downside Intraday Target | 104.78 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 106.40 | 103.90 | 107.25 | 100.70 | 1.145 times |
| 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 |
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 |
| 13 Fri Sep 2024 | 106.40 | 111.75 | 113.35 | 100.70 | 0.606 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 in or above 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 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 105.58 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 in or above 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 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 105.58 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.
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