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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 2023-09-06 View latest technical analysis

10 day averaged volume of Canara Bank is 366757

Date Daily Closing Price Open High Low Volume
06 Wed Sep 2023 334.25 339.70 339.70 332.60 0.306 times
05 Tue Sep 2023 338.30 337.85 341.15 333.90 1.238 times
04 Mon Sep 2023 336.70 329.05 338.50 327.40 0.789 times
01 Fri Sep 2023 328.40 321.50 330.20 320.55 1.05 times
31 Thu Aug 2023 320.50 326.00 327.40 319.40 0.424 times
30 Wed Aug 2023 325.50 330.80 330.80 324.90 0.462 times
29 Tue Aug 2023 326.60 329.95 329.95 325.70 0.882 times
28 Mon Aug 2023 326.45 327.00 328.50 325.70 1.051 times
25 Fri Aug 2023 325.50 328.00 332.25 325.00 2.019 times
24 Thu Aug 2023 331.80 335.75 337.50 330.70 0.539 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 334, but if it comes below 334, then a intra day sell could be more profitable.
If you take a sell trade below 334, then use 334 as stoploss and 329.76 as target. However if you take a buy trade in stock , then use 334 as stoploss and 339.2 as target.

Share price targets for Canara Bank (CanaraBank)

Target Type Value
Downside Target 291.30
Downside Target 302.35
Downside Target 317.45
Downside Target 330.80
Downside Target 333.35
Upside Target 337.50
Upside Target 341.15
Upside Target 341.25
Upside Target 346.05
Upside Target 351.30

Intraday share price targets for Canara Bank (CanaraBank)

Target Type Value
Downside Intraday Target 327.38
Downside Intraday Target 320.52
Upside Intraday Target 341.13
Upside Intraday Target 348.02
Upside Intraday Target 334.27

Weekly technical analysis of Canara Bank (CanaraBank)

Date Weekly Closing Price Open High Low Volume
06 Wed Sep 2023 334.25 329.05 341.15 327.40 0.603 times
01 Fri Sep 2023 328.40 327.00 330.80 319.40 0.649 times
25 Fri Aug 2023 325.50 327.65 337.50 325.00 1.813 times
18 Fri Aug 2023 328.05 332.00 333.35 323.05 0.525 times
11 Fri Aug 2023 332.05 328.80 341.25 327.75 1.118 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
06 Wed Sep 2023 334.25 321.50 341.15 320.55 0.146 times
31 Thu Aug 2023 320.50 344.75 346.05 319.40 0.955 times
31 Mon Jul 2023 344.30 302.35 351.30 302.35 1.772 times
30 Fri Jun 2023 301.80 309.00 317.45 291.45 0.533 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 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 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 Strong and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 329.34 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 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 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 Strong and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 329.34 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.

Click here for Canara Bank charts

Click here for further forecast and predictions for tomorrow

Daily charts

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