(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 2024-04-12 View latest technical analysis
10 day averaged volume of Canara Bank is 223836
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 605.80 | 609.05 | 616.55 | 604.85 | 1.053 times |
| 10 Wed Apr 2024 | 613.15 | 609.25 | 616.05 | 607.65 | 1.564 times |
| 09 Tue Apr 2024 | 607.95 | 613.25 | 615.95 | 603.95 | 0.864 times |
| 08 Mon Apr 2024 | 612.55 | 620.00 | 620.00 | 607.40 | 0.413 times |
| 05 Fri Apr 2024 | 614.65 | 608.25 | 618.95 | 606.90 | 1.161 times |
| 04 Thu Apr 2024 | 607.20 | 615.30 | 615.30 | 602.30 | 1.066 times |
| 03 Wed Apr 2024 | 606.15 | 593.80 | 611.55 | 590.00 | 1.649 times |
| 02 Tue Apr 2024 | 594.90 | 589.00 | 595.30 | 587.90 | 0.455 times |
| 01 Mon Apr 2024 | 589.00 | 583.05 | 590.25 | 583.05 | 1.079 times |
| 28 Thu Mar 2024 | 581.10 | 572.70 | 587.55 | 568.75 | 1.312 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 605.7, but if it comes below 605.7, then a intra day sell could be more profitable.
If you take a sell trade below 605.7, then use 605.7 as stoploss and 579.45 as target. However if you take a buy trade in stock , then use 605.7 as stoploss and 637.1 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 404.05 |
| Downside Target | 438.50 |
| Downside Target | 454.70 |
| Downside Target | 479.50 |
| Downside Target | 529.10 |
| Downside Target | 562.55 |
| Downside Target | 577.30 |
| Downside Target | 602.00 |
| Downside Target | 603.95 |
| Upside Target | 606.00 |
| Upside Target | 618.95 |
| Upside Target | 620.00 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 599.83 |
| Downside Intraday Target | 593.87 |
| Upside Intraday Target | 615.88 |
| Upside Intraday Target | 625.97 |
| Upside Intraday Target | 609.92 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 605.80 | 620.00 | 620.00 | 603.95 | 0.72 times |
| 05 Fri Apr 2024 | 614.65 | 583.05 | 618.95 | 583.05 | 2.314 times |
| 28 Thu Mar 2024 | 581.10 | 570.50 | 587.55 | 562.55 | 0.571 times |
| 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 |
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 Fri Apr 2024 | 605.80 | 583.05 | 620.00 | 583.05 | 0.329 times |
| 28 Thu Mar 2024 | 581.10 | 570.00 | 606.00 | 529.10 | 0.507 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 |
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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 603.25 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 603.25 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.
Click here for Canara Bank charts
Click here for further forecast and predictions for tomorrow