(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 2024-09-27 View latest technical analysis
10 day averaged volume of Canara Bank is 1407380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 113.05 | 110.85 | 113.30 | 110.05 | 0.924 times |
| 26 Thu Sep 2024 | 110.10 | 108.90 | 110.65 | 107.20 | 0.728 times |
| 25 Wed Sep 2024 | 108.35 | 108.80 | 109.35 | 107.30 | 0.682 times |
| 24 Tue Sep 2024 | 109.30 | 109.75 | 110.45 | 108.70 | 1.11 times |
| 23 Mon Sep 2024 | 109.35 | 105.95 | 109.70 | 105.10 | 1.506 times |
| 20 Fri Sep 2024 | 104.95 | 105.25 | 106.35 | 104.70 | 0.509 times |
| 19 Thu Sep 2024 | 104.70 | 106.00 | 106.90 | 102.60 | 1.279 times |
| 18 Wed Sep 2024 | 105.50 | 105.00 | 106.55 | 105.00 | 0.965 times |
| 17 Tue Sep 2024 | 105.55 | 106.95 | 106.95 | 105.35 | 0.604 times |
| 16 Mon Sep 2024 | 106.70 | 107.05 | 108.15 | 106.40 | 1.068 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 114, for a target of 110.2 or 107.08
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Downside Target | 107.25 |
| Downside Target | 111.85 |
| Upside Target | 113.30 |
| 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 | 107.67 |
| Downside Intraday Target | 102.28 |
| Upside Intraday Target | 115.87 |
| Upside Intraday Target | 118.68 |
| Downside Intraday Target | 110.48 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 113.05 | 105.95 | 113.30 | 105.10 | 1.118 times |
| 20 Fri Sep 2024 | 104.95 | 107.05 | 108.15 | 102.60 | 0.579 times |
| 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 |
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 |
| 27 Fri Sep 2024 | 113.05 | 111.75 | 113.35 | 100.70 | 1.002 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 up 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 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 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 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 BUY signal in short term and the buying is gaining 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 107.88 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 positive
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 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 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 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 BUY signal in short term and the buying is gaining 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 107.88 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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