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(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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Daily charts

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