(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 2024-11-06 View latest technical analysis
10 day averaged volume of Canara Bank is 1571939
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 105.30 | 104.50 | 106.00 | 103.50 | 0.688 times |
| 05 Tue Nov 2024 | 103.60 | 101.75 | 103.90 | 101.30 | 0.939 times |
| 04 Mon Nov 2024 | 101.95 | 104.40 | 104.40 | 99.55 | 0.638 times |
| 01 Fri Nov 2024 | 103.95 | 103.05 | 104.45 | 103.05 | 0.335 times |
| 31 Thu Oct 2024 | 102.65 | 103.00 | 104.15 | 102.20 | 0.598 times |
| 30 Wed Oct 2024 | 103.40 | 103.50 | 104.95 | 102.95 | 0.905 times |
| 29 Tue Oct 2024 | 103.70 | 101.65 | 104.15 | 99.80 | 1.254 times |
| 28 Mon Oct 2024 | 100.65 | 95.10 | 101.50 | 94.75 | 2.758 times |
| 25 Fri Oct 2024 | 94.35 | 98.95 | 99.00 | 93.00 | 0.696 times |
| 24 Thu Oct 2024 | 98.15 | 98.80 | 99.70 | 97.55 | 0.675 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 105.1, but if it comes below 105.1, then a intra day sell could be more profitable.
If you take a sell trade below 105.1, then use 105.1 as stoploss and 102.18 as target. However if you take a buy trade in stock , then use 105.1 as stoploss and 108.7 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 93.00 |
| Downside Target | 99.55 |
| Upside Target | 105.60 |
| Upside Target | 106.00 |
| Upside Target | 109.00 |
| Upside Target | 112.45 |
| Upside Target | 113.45 |
| Upside Target | 115.60 |
| Upside Target | 120.20 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 101.23 |
| Downside Intraday Target | 97.17 |
| Upside Intraday Target | 107.68 |
| Upside Intraday Target | 110.07 |
| Downside Intraday Target | 103.62 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 105.30 | 104.40 | 106.00 | 99.55 | 0.387 times |
| 01 Fri Nov 2024 | 103.95 | 95.10 | 104.95 | 94.75 | 1.501 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 |
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 |
| 06 Wed Nov 2024 | 105.30 | 103.05 | 106.00 | 99.55 | 0.158 times |
| 31 Thu Oct 2024 | 102.65 | 111.90 | 112.45 | 93.00 | 0.753 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 |
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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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 101.63 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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 101.63 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 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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