(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)
10 day averaged volume of Canara Bank is 355066
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 617.55 | 617.85 | 624.30 | 614.25 | 0.567 times |
| 25 Thu Apr 2024 | 616.45 | 596.55 | 620.90 | 594.65 | 2.295 times |
| 24 Wed Apr 2024 | 597.00 | 605.65 | 605.65 | 596.30 | 0.679 times |
| 23 Tue Apr 2024 | 601.55 | 604.05 | 607.80 | 599.20 | 1.098 times |
| 22 Mon Apr 2024 | 599.90 | 586.00 | 601.85 | 585.00 | 0.979 times |
| 19 Fri Apr 2024 | 578.70 | 574.35 | 584.30 | 562.90 | 0.982 times |
| 18 Thu Apr 2024 | 583.55 | 586.85 | 594.75 | 581.45 | 0.277 times |
| 16 Tue Apr 2024 | 583.75 | 586.10 | 595.35 | 580.10 | 1.208 times |
| 15 Mon Apr 2024 | 593.60 | 593.75 | 605.80 | 587.80 | 0.832 times |
| 12 Fri Apr 2024 | 605.80 | 609.05 | 616.55 | 604.85 | 0.664 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 612.8, but if it comes below 612.8, then a intra day sell could be more profitable.
If you take a sell trade below 612.8, then use 612.8 as stoploss and 598.42 as target. However if you take a buy trade in stock , then use 612.8 as stoploss and 630 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 | 583.05 |
| Downside Target | 605.80 |
| Downside Target | 606.00 |
| Upside Target | 618.95 |
| Upside Target | 620.00 |
| Upside Target | 624.30 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 593.6 |
| Downside Intraday Target | 569.65 |
| Upside Intraday Target | 632.9 |
| Upside Intraday Target | 648.25 |
| Downside Intraday Target | 608.95 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 617.55 | 586.00 | 624.30 | 585.00 | 1.703 times |
| 19 Fri Apr 2024 | 578.70 | 593.75 | 605.80 | 562.90 | 1.344 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Canara Bank (CanaraBank)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 617.55 | 583.05 | 624.30 | 562.90 | 0.83 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
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 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 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 600.07 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.
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 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 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 600.07 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 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.
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