(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 2024-03-20 View latest technical analysis
10 day averaged volume of Canara Bank is 450584
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 551.10 | 550.00 | 554.30 | 535.75 | 0.347 times |
| 19 Tue Mar 2024 | 548.20 | 552.95 | 555.65 | 546.10 | 0.349 times |
| 18 Mon Mar 2024 | 552.90 | 549.00 | 556.20 | 545.10 | 0.453 times |
| 15 Fri Mar 2024 | 548.80 | 547.75 | 553.95 | 530.00 | 1.019 times |
| 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 | 2.496 times |
| 12 Tue Mar 2024 | 567.40 | 586.00 | 589.05 | 564.90 | 0.661 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 | 2.858 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 551.2, but if it comes above 551.2, then a intra day buy could be more profitable.
If you take a sell trade below 551.2, then use 551.2 as stoploss and 527.6 as target. However if you take a buy trade in stock , then use 551.2 as stoploss and 570.85 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 | 556.20 |
| Upside Target | 584.00 |
| Upside Target | 591.00 |
| 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 | 539.17 |
| Downside Intraday Target | 527.23 |
| Upside Intraday Target | 559.62 |
| Upside Intraday Target | 568.13 |
| Downside Intraday Target | 547.68 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 551.10 | 549.00 | 556.20 | 535.75 | 0.215 times |
| 15 Fri Mar 2024 | 548.80 | 597.85 | 602.00 | 529.10 | 1.22 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 |
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 |
| 20 Wed Mar 2024 | 551.10 | 570.00 | 606.00 | 529.10 | 0.433 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 neutral. A longer time frame might give a better analysis.
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 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 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 weakening, and bulls are picking up momentum!
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 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 564.96 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 neutral. A longer time frame might give a better analysis.
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 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 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 weakening, and bulls are picking up momentum!
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 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 564.96 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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