(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 2024-05-02 View latest technical analysis
10 day averaged volume of Canara Bank is 346305
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 628.80 | 624.55 | 631.15 | 623.00 | 0.347 times |
| 30 Tue Apr 2024 | 621.85 | 624.00 | 629.65 | 619.00 | 1.196 times |
| 29 Mon Apr 2024 | 621.05 | 624.20 | 624.75 | 613.60 | 0.514 times |
| 26 Fri Apr 2024 | 617.55 | 617.85 | 624.30 | 614.25 | 0.581 times |
| 25 Thu Apr 2024 | 616.45 | 596.55 | 620.90 | 594.65 | 2.353 times |
| 24 Wed Apr 2024 | 597.00 | 605.65 | 605.65 | 596.30 | 0.696 times |
| 23 Tue Apr 2024 | 601.55 | 604.05 | 607.80 | 599.20 | 1.126 times |
| 22 Mon Apr 2024 | 599.90 | 586.00 | 601.85 | 585.00 | 1.004 times |
| 19 Fri Apr 2024 | 578.70 | 574.35 | 584.30 | 562.90 | 1.007 times |
| 18 Thu Apr 2024 | 583.55 | 586.85 | 594.75 | 581.45 | 0.284 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 634.7, for a target of 618.7 or 605.31
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 438.50 |
| Downside Target | 479.50 |
| Downside Target | 529.10 |
| Downside Target | 562.90 |
| Downside Target | 583.05 |
| Downside Target | 598.75 |
| Downside Target | 618.95 |
| Downside Target | 620.00 |
| Downside Target | 623.00 |
| Downside Target | 624.30 |
| Upside Target | 629.65 |
| Upside Target | 631.15 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 617.88 |
| Downside Intraday Target | 606.97 |
| Upside Intraday Target | 635.43 |
| Upside Intraday Target | 642.07 |
| Downside Intraday Target | 624.52 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 628.80 | 624.20 | 631.15 | 613.60 | 0.357 times |
| 26 Fri Apr 2024 | 617.55 | 586.00 | 624.30 | 585.00 | 1.703 times |
| 19 Fri Apr 2024 | 578.70 | 593.75 | 605.80 | 562.90 | 1.344 times |
| 12 Fri Apr 2024 | 605.80 | 620.00 | 620.00 | 603.95 | 0.72 times |
| 05 Fri Apr 2024 | 614.65 | 583.05 | 618.95 | 583.05 | 2.314 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 |
| 02 Thu May 2024 | 628.80 | 624.55 | 631.15 | 623.00 | 0.021 times |
| 30 Tue Apr 2024 | 621.85 | 583.05 | 629.65 | 562.90 | 0.923 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 |
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 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 but buying is losing 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 607.61 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 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 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 but buying is losing 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 607.61 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.
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