(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 2024-03-12 View latest technical analysis
10 day averaged volume of Canara Bank is 411076
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 567.40 | 586.00 | 589.05 | 564.90 | 0.725 times |
| 11 Mon Mar 2024 | 586.00 | 597.85 | 602.00 | 584.45 | 0.458 times |
| 07 Thu Mar 2024 | 597.85 | 600.00 | 605.70 | 594.20 | 0.299 times |
| 06 Wed Mar 2024 | 599.75 | 603.25 | 606.00 | 585.00 | 3.133 times |
| 05 Tue Mar 2024 | 602.45 | 591.75 | 603.90 | 588.50 | 0.786 times |
| 04 Mon Mar 2024 | 591.80 | 587.15 | 594.40 | 584.00 | 0.589 times |
| 02 Sat Mar 2024 | 586.70 | 581.95 | 591.00 | 580.50 | 0.12 times |
| 01 Fri Mar 2024 | 578.55 | 570.00 | 579.50 | 566.00 | 1.094 times |
| 29 Thu Feb 2024 | 564.95 | 550.40 | 567.90 | 544.65 | 1.013 times |
| 28 Wed Feb 2024 | 550.35 | 573.95 | 574.50 | 547.65 | 1.377 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 566 as stoploss in an intra day buy trade for a target of 579.04. However, stock will show a bearish move below 566.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 380.25 |
| Downside Target | 404.05 |
| Downside Target | 438.50 |
| Downside Target | 454.70 |
| Downside Target | 479.50 |
| Downside Target | 534.70 |
| Downside Target | 563.40 |
| Upside Target | 584.00 |
| Upside Target | 594.50 |
| Upside Target | 598.75 |
| Upside Target | 602.00 |
| Upside Target | 606.00 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 554.2 |
| Downside Intraday Target | 541 |
| Upside Intraday Target | 591.3 |
| Upside Intraday Target | 615.2 |
| Upside Intraday Target | 578.1 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 567.40 | 597.85 | 602.00 | 564.90 | 0.246 times |
| 07 Thu Mar 2024 | 597.85 | 587.15 | 606.00 | 584.00 | 0.845 times |
| 02 Sat Mar 2024 | 586.70 | 584.65 | 591.00 | 544.65 | 0.798 times |
| 23 Fri Feb 2024 | 580.00 | 586.15 | 598.75 | 563.40 | 1.133 times |
| 16 Fri Feb 2024 | 585.70 | 571.40 | 594.50 | 534.70 | 0.648 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 |
| 12 Tue Mar 2024 | 567.40 | 570.00 | 606.00 | 564.90 | 0.237 times |
| 29 Thu Feb 2024 | 564.95 | 483.85 | 598.75 | 479.50 | 0.632 times |
| 31 Wed Jan 2024 | 481.85 | 440.00 | 485.20 | 438.50 | 2.114 times |
| 29 Fri Dec 2023 | 437.70 | 404.05 | 454.70 | 404.05 | 1.351 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Canara Bank in short term but the sell 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. Bulls are getting tired and bears are picking up momentum.
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
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 582.98 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canara Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Canara Bank in short term but the sell 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. Bulls are getting tired and bears are picking up momentum.
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
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 582.98 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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