(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 2024-03-13 View latest technical analysis
10 day averaged volume of Canara Bank is 394428
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 535.80 | 568.25 | 571.75 | 529.40 | 2.852 times |
| 12 Tue Mar 2024 | 567.40 | 586.00 | 589.05 | 564.90 | 0.755 times |
| 11 Mon Mar 2024 | 586.00 | 597.85 | 602.00 | 584.45 | 0.477 times |
| 07 Thu Mar 2024 | 597.85 | 600.00 | 605.70 | 594.20 | 0.311 times |
| 06 Wed Mar 2024 | 599.75 | 603.25 | 606.00 | 585.00 | 3.265 times |
| 05 Tue Mar 2024 | 602.45 | 591.75 | 603.90 | 588.50 | 0.82 times |
| 04 Mon Mar 2024 | 591.80 | 587.15 | 594.40 | 584.00 | 0.614 times |
| 02 Sat Mar 2024 | 586.70 | 581.95 | 591.00 | 580.50 | 0.125 times |
| 01 Fri Mar 2024 | 578.55 | 570.00 | 579.50 | 566.00 | 1.141 times |
| 29 Thu Feb 2024 | 564.95 | 550.40 | 567.90 | 544.65 | 1.056 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 542.5, for a target of 561.6 or 577.52
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 | 529.40 |
| Upside 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 | 509.47 |
| Downside Intraday Target | 483.13 |
| Upside Intraday Target | 582.07 |
| Upside Intraday Target | 628.33 |
| Upside Intraday Target | 555.73 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 535.80 | 597.85 | 602.00 | 529.40 | 0.815 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 |
| 13 Wed Mar 2024 | 535.80 | 570.00 | 606.00 | 529.40 | 0.328 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 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 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 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 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 Strong and stock is gaining 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. 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 575.29 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 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 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 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 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 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 Strong and stock is gaining 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. 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 575.29 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 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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