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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 2024-04-03 View latest technical analysis

10 day averaged volume of Canara Bank is 178354

Date Daily Closing Price Open High Low Volume
03 Wed Apr 2024 606.15 593.80 611.55 590.00 2.07 times
02 Tue Apr 2024 594.90 589.00 595.30 587.90 0.572 times
01 Mon Apr 2024 589.00 583.05 590.25 583.05 1.354 times
28 Thu Mar 2024 581.10 572.70 587.55 568.75 1.647 times
27 Wed Mar 2024 563.90 572.55 574.75 562.55 0.549 times
26 Tue Mar 2024 571.80 570.50 574.40 567.60 0.739 times
22 Fri Mar 2024 573.10 563.90 577.30 563.75 0.878 times
21 Thu Mar 2024 563.75 559.00 568.40 558.05 1.359 times
20 Wed Mar 2024 551.10 550.00 554.30 535.75 0.877 times
19 Tue Mar 2024 548.20 552.95 555.65 546.10 0.882 times

Stock of Canara Bank (CanaraBank) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 594.8, but if it comes below 594.8, then a intra day sell could be more profitable.
If you take a sell trade below 594.8, then use 594.8 as stoploss and 573.65 as target. However if you take a buy trade in stock , then use 594.8 as stoploss and 620.2 as target.

Share price targets for Canara Bank (CanaraBank)

Target Type Value
Downside Target 404.05
Downside Target 438.50
Downside Target 454.70
Downside Target 479.50
Downside Target 529.10
Downside Target 562.55
Downside Target 577.30
Downside Target 598.75
Downside Target 602.00
Downside Target 606.00
Upside Target 611.55

Intraday share price targets for Canara Bank (CanaraBank)

Target Type Value
Downside Intraday Target 588.95
Downside Intraday Target 571.75
Upside Intraday Target 617.45
Upside Intraday Target 628.75
Downside Intraday Target 600.25

Weekly technical analysis of Canara Bank (CanaraBank)

Date Weekly Closing Price Open High Low Volume
03 Wed Apr 2024 606.15 583.05 611.55 583.05 1.361 times
28 Thu Mar 2024 581.10 570.50 587.55 562.55 0.571 times
22 Fri Mar 2024 573.10 549.00 577.30 535.75 0.38 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

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
03 Wed Apr 2024 606.15 583.05 611.55 583.05 0.113 times
28 Thu Mar 2024 581.10 570.00 606.00 529.10 0.507 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

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 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 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 gaining 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 578.19 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.

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 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 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 gaining 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 578.19 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.

Click here for Canara Bank charts

Click here for further forecast and predictions for tomorrow

Daily charts

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