(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 2023-03-22 View latest technical analysis
10 day averaged volume of Canara Bank is 341816
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 284.75 | 285.00 | 288.40 | 283.95 | 0.447 times |
| 21 Tue Mar 2023 | 283.95 | 279.95 | 285.45 | 277.05 | 0.977 times |
| 20 Mon Mar 2023 | 278.05 | 280.95 | 280.95 | 273.75 | 0.868 times |
| 17 Fri Mar 2023 | 281.75 | 286.55 | 286.55 | 276.60 | 0.717 times |
| 16 Thu Mar 2023 | 281.60 | 280.90 | 285.55 | 275.80 | 0.674 times |
| 15 Wed Mar 2023 | 280.95 | 288.05 | 290.70 | 279.00 | 0.48 times |
| 14 Tue Mar 2023 | 286.20 | 288.95 | 289.70 | 281.35 | 1.72 times |
| 13 Mon Mar 2023 | 288.65 | 297.45 | 303.50 | 287.60 | 1.053 times |
| 10 Fri Mar 2023 | 298.10 | 305.50 | 306.15 | 295.35 | 1.34 times |
| 09 Thu Mar 2023 | 310.35 | 311.50 | 313.75 | 309.15 | 0.915 times |
My analysis of stock is bearish for shortterm, and stock might move down till 275.5 or till 261. Use a stoploss of 287.54 and if the stock hits stoploss, then it can shoot up till 299.6
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 268.85 |
| Downside Target | 283.75 |
| Upside Target | 295.35 |
| 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 | 276.2 |
| Downside Intraday Target | 267.65 |
| Upside Intraday Target | 290.85 |
| Upside Intraday Target | 296.95 |
| Downside Intraday Target | 282.3 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Mar 2023 | 284.75 | 280.95 | 288.40 | 273.75 | 0.493 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 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 |
| 22 Wed Mar 2023 | 284.75 | 279.00 | 313.75 | 273.75 | 0.854 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 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 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 moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 288.58 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 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 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 moving up
CCI has generated a buy signal for Canara Bank in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 288.58 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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