(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 2023-03-20 View latest technical analysis
10 day averaged volume of Canara Bank is 392767
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Mar 2023 | 278.05 | 280.95 | 280.95 | 273.75 | 0.756 times |
| 17 Fri Mar 2023 | 281.75 | 286.55 | 286.55 | 276.60 | 0.624 times |
| 16 Thu Mar 2023 | 281.60 | 280.90 | 285.55 | 275.80 | 0.587 times |
| 15 Wed Mar 2023 | 280.95 | 288.05 | 290.70 | 279.00 | 0.418 times |
| 14 Tue Mar 2023 | 286.20 | 288.95 | 289.70 | 281.35 | 1.497 times |
| 13 Mon Mar 2023 | 288.65 | 297.45 | 303.50 | 287.60 | 0.916 times |
| 10 Fri Mar 2023 | 298.10 | 305.50 | 306.15 | 295.35 | 1.166 times |
| 09 Thu Mar 2023 | 310.35 | 311.50 | 313.75 | 309.15 | 0.796 times |
| 08 Wed Mar 2023 | 311.50 | 302.50 | 312.00 | 302.10 | 1.092 times |
| 06 Mon Mar 2023 | 305.65 | 306.30 | 308.95 | 304.55 | 0.756 times |
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 275.3 as stoploss in an intra day buy trade for a target of 287.49. However, stock will show a bearish move below 275.3.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 268.85 |
| Upside Target | 295.35 |
| Upside Target | 296.00 |
| Upside Target | 303.50 |
| Upside Target | 306.00 |
| Upside Target | 309.00 |
| Upside Target | 313.75 |
| Upside Target | 334.00 |
| Upside Target | 336.65 |
| Upside Target | 341.60 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 274.22 |
| Downside Intraday Target | 270.38 |
| Upside Intraday Target | 281.42 |
| Upside Intraday Target | 284.78 |
| Downside Intraday Target | 277.58 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Mar 2023 | 278.05 | 280.95 | 280.95 | 273.75 | 0.187 times |
| 17 Fri Mar 2023 | 281.75 | 297.45 | 303.50 | 275.80 | 1.061 times |
| 10 Fri Mar 2023 | 298.10 | 306.30 | 313.75 | 295.35 | 0.819 times |
| 03 Fri Mar 2023 | 305.25 | 271.05 | 306.00 | 269.75 | 1.503 times |
| 24 Fri Feb 2023 | 271.05 | 293.30 | 296.00 | 268.85 | 1.267 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 |
| 20 Mon Mar 2023 | 278.05 | 279.00 | 313.75 | 273.75 | 0.774 times |
| 28 Tue Feb 2023 | 279.45 | 307.55 | 309.00 | 268.85 | 0.795 times |
| 31 Tue Jan 2023 | 303.80 | 335.60 | 341.60 | 283.75 | 0.729 times |
| 30 Fri Dec 2022 | 333.55 | 316.30 | 336.65 | 288.20 | 1.242 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Canara Bank in short term and the sell signal is strong.
Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Canara Bank in short term and SELL 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 293.62 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Canara Bank in short term and the sell signal is strong.
Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Canara Bank in short term and SELL 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 293.62 and Canara Bank (CanaraBank) stock is trading below this level. This means that stock is falling with high volumes. 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 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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