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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 2024-03-14 View latest technical analysis

10 day averaged volume of Canara Bank is 450291

Date Daily Closing Price Open High Low Volume
14 Thu Mar 2024 547.20 534.95 554.55 529.10 0.756 times
13 Wed Mar 2024 535.80 568.25 571.75 529.40 2.498 times
12 Tue Mar 2024 567.40 586.00 589.05 564.90 0.662 times
11 Mon Mar 2024 586.00 597.85 602.00 584.45 0.418 times
07 Thu Mar 2024 597.85 600.00 605.70 594.20 0.273 times
06 Wed Mar 2024 599.75 603.25 606.00 585.00 2.86 times
05 Tue Mar 2024 602.45 591.75 603.90 588.50 0.718 times
04 Mon Mar 2024 591.80 587.15 594.40 584.00 0.538 times
02 Sat Mar 2024 586.70 581.95 591.00 580.50 0.11 times
01 Fri Mar 2024 578.55 570.00 579.50 566.00 0.999 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 558.5, but if it comes above 558.5, then a intra day buy could be more profitable.
If you take a sell trade below 558.5, then use 558.5 as stoploss and 538 as target. However if you take a buy trade in stock , then use 558.5 as stoploss and 575.52 as target.

Share price targets for Canara Bank (CanaraBank)

Target Type Value
Downside Target 380.25
Downside Target 404.05
Downside Target 438.50
Downside Target 454.70
Downside Target 479.50
Downside Target 529.10
Upside Target 563.40
Upside Target 584.00
Upside Target 594.50
Upside Target 598.75
Upside Target 602.00
Upside Target 606.00

Intraday share price targets for Canara Bank (CanaraBank)

Target Type Value
Downside Intraday Target 516.87
Downside Intraday Target 486.53
Upside Intraday Target 589.77
Upside Intraday Target 632.33
Upside Intraday Target 559.43

Weekly technical analysis of Canara Bank (CanaraBank)

Date Weekly Closing Price Open High Low Volume
14 Thu Mar 2024 547.20 597.85 602.00 529.10 0.988 times
07 Thu Mar 2024 597.85 587.15 606.00 584.00 0.845 times
02 Sat Mar 2024 586.70 584.65 591.00 544.65 0.798 times
23 Fri Feb 2024 580.00 586.15 598.75 563.40 1.133 times
16 Fri Feb 2024 585.70 571.40 594.50 534.70 0.648 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
14 Thu Mar 2024 547.20 570.00 606.00 529.10 0.355 times
29 Thu Feb 2024 564.95 483.85 598.75 479.50 0.632 times
31 Wed Jan 2024 481.85 440.00 485.20 438.50 2.114 times
29 Fri Dec 2023 437.70 404.05 454.70 404.05 1.351 times

Scroll below to view daily charts

Price has moved down 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 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 short 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Canara Bank in short term but the sell signal is initial and weak.

Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Canara Bank in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 574.11 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 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 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 short 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Canara Bank in short term but the sell signal is initial and weak.

Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Canara Bank in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 574.11 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 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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