(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 2024-10-28 View latest technical analysis
10 day averaged volume of Canara Bank is 912373
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 100.65 | 95.10 | 101.50 | 94.75 | 4.752 times |
| 25 Fri Oct 2024 | 94.35 | 98.95 | 99.00 | 93.00 | 1.2 times |
| 24 Thu Oct 2024 | 98.15 | 98.80 | 99.70 | 97.55 | 1.164 times |
| 23 Wed Oct 2024 | 97.70 | 97.25 | 98.35 | 94.45 | 2.069 times |
| 22 Tue Oct 2024 | 96.85 | 102.55 | 102.80 | 96.35 | 1.297 times |
| 21 Mon Oct 2024 | 102.85 | 104.95 | 105.60 | 102.65 | 0.987 times |
| 18 Fri Oct 2024 | 104.65 | 102.35 | 105.00 | 100.80 | 1.42 times |
| 17 Thu Oct 2024 | 102.50 | 104.90 | 105.00 | 102.25 | 0.423 times |
| 16 Wed Oct 2024 | 104.30 | 104.05 | 104.95 | 103.65 | 0.365 times |
| 15 Tue Oct 2024 | 104.40 | 104.75 | 105.35 | 104.00 | 0.424 times |
Stock of Canara Bank (CanaraBank) has showed a significant upmove. This could be a good time to enter in this stock!
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 99.1 as stoploss in an intra day buy trade for a target of 103.74. However, stock will show a bearish move below 99.1.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 93.00 |
| Downside Target | 99.60 |
| Upside Target | 107.40 |
| Upside Target | 109.00 |
| Upside Target | 112.45 |
| 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 | 96.43 |
| Downside Intraday Target | 92.22 |
| Upside Intraday Target | 103.18 |
| Upside Intraday Target | 105.72 |
| Downside Intraday Target | 98.97 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 100.65 | 95.10 | 101.50 | 94.75 | 0.707 times |
| 25 Fri Oct 2024 | 94.35 | 104.95 | 105.60 | 93.00 | 2.046 times |
| 18 Fri Oct 2024 | 104.65 | 104.20 | 105.40 | 100.80 | 0.489 times |
| 11 Fri Oct 2024 | 104.05 | 107.70 | 109.00 | 102.35 | 1.985 times |
| 03 Thu Oct 2024 | 107.95 | 112.80 | 113.45 | 107.40 | 0.443 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 |
| 28 Mon Oct 2024 | 100.65 | 111.90 | 112.45 | 93.00 | 0.627 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Canara Bank in short term and the sell signal is strong.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 99.94 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Canara Bank in short term and the sell signal is strong.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 99.94 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 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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