(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 2023-03-31 View latest technical analysis
10 day averaged volume of Canara Bank is 590299
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 284.50 | 281.10 | 285.70 | 281.10 | 1.197 times |
| 29 Wed Mar 2023 | 279.80 | 276.85 | 282.45 | 274.05 | 6.314 times |
| 28 Tue Mar 2023 | 275.35 | 277.20 | 281.00 | 272.75 | 0.254 times |
| 27 Mon Mar 2023 | 277.05 | 274.05 | 279.10 | 272.55 | 0.306 times |
| 24 Fri Mar 2023 | 273.70 | 279.05 | 281.40 | 272.30 | 0.723 times |
| 23 Thu Mar 2023 | 280.75 | 283.55 | 287.00 | 279.55 | 0.27 times |
| 22 Wed Mar 2023 | 284.75 | 285.00 | 288.40 | 283.95 | 0.259 times |
| 21 Tue Mar 2023 | 283.95 | 279.95 | 285.45 | 277.05 | 0.566 times |
| 20 Mon Mar 2023 | 278.05 | 280.95 | 280.95 | 273.75 | 0.503 times |
| 17 Fri Mar 2023 | 281.75 | 286.55 | 286.55 | 276.60 | 0.415 times |
My analysis of stock is bearish for shortterm, and stock might move down till 276.4 or till 262.6. Use a stoploss of 287.92 and if the stock hits stoploss, then it can shoot up till 299.42
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 | 276.13 |
| Downside Intraday Target | 267.77 |
| Upside Intraday Target | 289.28 |
| Upside Intraday Target | 294.07 |
| Downside Intraday Target | 280.92 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 284.50 | 274.05 | 285.70 | 272.55 | 3.48 times |
| 24 Fri Mar 2023 | 273.70 | 280.95 | 288.40 | 272.30 | 0.862 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 |
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 |
| 31 Fri Mar 2023 | 284.50 | 279.00 | 313.75 | 272.30 | 1.736 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, and volume has increased substantially. This means that the move can 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 280.08 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 280.08 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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