(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 2024-03-22 View latest technical analysis
10 day averaged volume of Canara Bank is 329353
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 573.10 | 563.90 | 577.30 | 563.75 | 0.475 times |
| 21 Thu Mar 2024 | 563.75 | 559.00 | 568.40 | 558.05 | 0.736 times |
| 20 Wed Mar 2024 | 551.10 | 550.00 | 554.30 | 535.75 | 0.475 times |
| 19 Tue Mar 2024 | 548.20 | 552.95 | 555.65 | 546.10 | 0.478 times |
| 18 Mon Mar 2024 | 552.90 | 549.00 | 556.20 | 545.10 | 0.619 times |
| 15 Fri Mar 2024 | 548.80 | 547.75 | 553.95 | 530.00 | 1.394 times |
| 14 Thu Mar 2024 | 547.20 | 534.95 | 554.55 | 529.10 | 1.034 times |
| 13 Wed Mar 2024 | 535.80 | 568.25 | 571.75 | 529.40 | 3.415 times |
| 12 Tue Mar 2024 | 567.40 | 586.00 | 589.05 | 564.90 | 0.905 times |
| 11 Mon Mar 2024 | 586.00 | 597.85 | 602.00 | 584.45 | 0.571 times |
My analysis of stock is bullish for shortterm, and stock might move up till 589 or till 612.3. Use a stoploss of 569.58 and if this stock hits its stoploss, then it can fall down till 550.17
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 | 529.10 |
| Downside Target | 563.40 |
| Upside Target | 577.30 |
| Upside Target | 591.00 |
| 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 | 546.8 |
| Downside Intraday Target | 520.5 |
| Upside Intraday Target | 588.35 |
| Upside Intraday Target | 603.6 |
| Downside Intraday Target | 562.05 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 573.10 | 549.00 | 577.30 | 535.75 | 0.38 times |
| 15 Fri Mar 2024 | 548.80 | 597.85 | 602.00 | 529.10 | 1.22 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 |
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 |
| 22 Fri Mar 2024 | 573.10 | 570.00 | 606.00 | 529.10 | 0.465 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 550.57 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 550.57 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 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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