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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 2023-09-27 View latest technical analysis

10 day averaged volume of Canara Bank is 502732

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	374.25	369.80	374.95	365.65	0.621 times
26 Tue Sep 2023	369.75	377.20	378.60	368.50	0.673 times
25 Mon Sep 2023	375.10	384.00	384.45	373.75	0.71 times
22 Fri Sep 2023	382.85	368.45	385.85	368.45	1.756 times
21 Thu Sep 2023	364.20	369.15	376.05	360.60	0.906 times
20 Wed Sep 2023	371.00	370.95	376.00	366.90	0.482 times
18 Mon Sep 2023	372.10	366.00	377.00	364.45	0.973 times
15 Fri Sep 2023	364.80	366.65	368.35	362.00	0.878 times
14 Thu Sep 2023	365.05	364.90	368.80	360.80	1.073 times
13 Wed Sep 2023	364.75	348.15	365.55	345.10	1.092 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 372.5, but if it comes below 372.5, then a intra day sell could be more profitable.
If you take a sell trade below 372.5, then use 372.5 as stoploss and 353.69 as target. However if you take a buy trade in stock , then use 372.5 as stoploss and 395 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	340.25
Downside Target	346.05
Downside Target	351.30
Downside Target	360.60
Downside Target	365.65
Downside Target	368.80
Upside Target	384.45
Upside Target	385.85

Intraday share price targets for Canara Bank (CanaraBank)

Target Type	Value
Downside Intraday Target	365.12
Downside Intraday Target	355.98
Upside Intraday Target	383.92
Upside Intraday Target	393.58
Upside Intraday Target	374.78

Weekly technical analysis of Canara Bank (CanaraBank)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	374.25	384.00	384.45	365.65	0.487 times
22 Fri Sep 2023	382.85	366.00	385.85	360.60	0.668 times
15 Fri Sep 2023	364.80	341.75	368.80	340.25	2.24 times
08 Fri Sep 2023	338.85	329.05	343.45	327.40	0.975 times
01 Fri Sep 2023	328.40	327.00	330.80	319.40	0.649 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
27 Wed Sep 2023	374.25	321.50	385.85	320.55	0.932 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Canara Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 371.13 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.