(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 2024-10-07 View latest technical analysis
10 day averaged volume of Canara Bank is 1256695
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 103.50 | 107.70 | 109.00 | 102.35 | 2.385 times |
| 03 Thu Oct 2024 | 107.95 | 109.15 | 110.50 | 107.40 | 0.725 times |
| 01 Tue Oct 2024 | 110.45 | 111.90 | 112.45 | 110.00 | 0.867 times |
| 30 Mon Sep 2024 | 111.45 | 112.80 | 113.45 | 110.80 | 0.864 times |
| 27 Fri Sep 2024 | 113.05 | 110.85 | 113.30 | 110.05 | 1.034 times |
| 26 Thu Sep 2024 | 110.10 | 108.90 | 110.65 | 107.20 | 0.815 times |
| 25 Wed Sep 2024 | 108.35 | 108.80 | 109.35 | 107.30 | 0.764 times |
| 24 Tue Sep 2024 | 109.30 | 109.75 | 110.45 | 108.70 | 1.243 times |
| 23 Mon Sep 2024 | 109.35 | 105.95 | 109.70 | 105.10 | 1.686 times |
| 20 Fri Sep 2024 | 104.95 | 105.25 | 106.35 | 104.70 | 0.57 times |
Stock of Canara Bank (CanaraBank) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.6, but if it comes above 103.6, then a intra day buy could be more profitable.
If you take a sell trade below 103.6, then use 103.6 as stoploss and 100 as target. However if you take a buy trade in stock , then use 103.6 as stoploss and 106.7 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 99.60 |
| Upside Target | 107.25 |
| Upside Target | 109.00 |
| Upside Target | 112.45 |
| Upside Target | 113.30 |
| Upside Target | 113.45 |
| Upside Target | 115.60 |
| Upside Target | 120.20 |
| Upside Target | 129.35 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 100.9 |
| Downside Intraday Target | 98.3 |
| Upside Intraday Target | 107.55 |
| Upside Intraday Target | 111.6 |
| Upside Intraday Target | 104.95 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 103.50 | 107.70 | 109.00 | 102.35 | 0.971 times |
| 03 Thu Oct 2024 | 107.95 | 112.80 | 113.45 | 107.40 | 0.443 times |
| 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 |
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 |
| 07 Mon Oct 2024 | 103.50 | 111.90 | 112.45 | 102.35 | 0.145 times |
| 30 Mon Sep 2024 | 111.45 | 111.75 | 113.45 | 100.70 | 1.035 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 |
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 108.34 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 108.34 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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