(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 2024-12-09 View latest technical analysis
10 day averaged volume of Canara Bank is 1263797
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 108.95 | 109.70 | 110.25 | 108.60 | 0.467 times |
| 06 Fri Dec 2024 | 109.10 | 110.15 | 110.75 | 107.75 | 1.682 times |
| 05 Thu Dec 2024 | 108.15 | 109.50 | 109.50 | 107.05 | 0.725 times |
| 04 Wed Dec 2024 | 108.60 | 106.00 | 109.40 | 105.60 | 2.021 times |
| 03 Tue Dec 2024 | 105.15 | 102.45 | 105.40 | 102.00 | 0.791 times |
| 02 Mon Dec 2024 | 101.65 | 101.05 | 102.20 | 101.05 | 0.502 times |
| 29 Fri Nov 2024 | 101.95 | 103.25 | 103.80 | 100.75 | 0.975 times |
| 28 Thu Nov 2024 | 103.00 | 102.25 | 103.40 | 101.85 | 0.703 times |
| 27 Wed Nov 2024 | 101.55 | 102.15 | 102.70 | 100.80 | 0.782 times |
| 26 Tue Nov 2024 | 101.80 | 101.30 | 102.50 | 100.55 | 0.748 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 106.3, but if it comes below 106.3, then a intra day sell could be more profitable.
If you take a sell trade below 106.3, then use 106.3 as stoploss and 102.15 as target. However if you take a buy trade in stock , then use 106.3 as stoploss and 111.3 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 92.55 |
| Downside Target | 97.25 |
| Downside Target | 99.50 |
| Downside Target | 103.80 |
| Downside Target | 106.50 |
| Downside Target | 108.60 |
| Upside Target | 110.25 |
| Upside Target | 110.75 |
| Upside Target | 112.45 |
| Upside Target | 113.45 |
| Upside Target | 115.60 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 108.28 |
| Downside Intraday Target | 107.62 |
| Upside Intraday Target | 109.93 |
| Upside Intraday Target | 110.92 |
| Upside Intraday Target | 109.27 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 108.95 | 109.70 | 110.25 | 108.60 | 0.082 times |
| 06 Fri Dec 2024 | 109.10 | 101.05 | 110.75 | 101.05 | 1.337 times |
| 29 Fri Nov 2024 | 101.95 | 99.95 | 103.80 | 99.50 | 1.134 times |
| 22 Fri Nov 2024 | 96.95 | 97.65 | 101.25 | 92.55 | 0.86 times |
| 14 Thu Nov 2024 | 97.45 | 102.90 | 105.15 | 97.25 | 0.987 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 |
| 09 Mon Dec 2024 | 108.95 | 101.05 | 110.75 | 101.05 | 0.357 times |
| 29 Fri Nov 2024 | 101.95 | 103.05 | 106.50 | 92.55 | 0.844 times |
| 31 Thu Oct 2024 | 102.65 | 111.90 | 112.45 | 93.00 | 0.753 times |
| 30 Mon Sep 2024 | 111.45 | 111.75 | 113.45 | 100.70 | 1.035 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 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 105.77 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 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 105.77 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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