(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 2024-12-19 View latest technical analysis
10 day averaged volume of Canara Bank is 1050328
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 102.90 | 100.20 | 104.00 | 100.20 | 0.928 times |
| 18 Wed Dec 2024 | 103.25 | 104.90 | 105.00 | 102.80 | 0.481 times |
| 17 Tue Dec 2024 | 105.15 | 107.25 | 107.25 | 105.00 | 0.66 times |
| 16 Mon Dec 2024 | 107.30 | 106.50 | 108.40 | 106.40 | 1.176 times |
| 13 Fri Dec 2024 | 106.60 | 106.60 | 107.35 | 104.00 | 1.39 times |
| 12 Thu Dec 2024 | 107.50 | 108.55 | 108.70 | 107.35 | 1.109 times |
| 11 Wed Dec 2024 | 108.90 | 109.40 | 110.05 | 108.50 | 1.228 times |
| 10 Tue Dec 2024 | 109.75 | 109.05 | 110.20 | 108.80 | 0.497 times |
| 09 Mon Dec 2024 | 108.95 | 109.70 | 110.25 | 108.60 | 0.562 times |
| 06 Fri Dec 2024 | 109.10 | 110.15 | 110.75 | 107.75 | 2.024 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 101.5 as stoploss in an intra day buy trade for a target of 104.96. However, stock will show a bearish move below 101.5.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 92.55 |
| Downside Target | 99.50 |
| Upside Target | 103.80 |
| Upside Target | 106.50 |
| Upside Target | 108.40 |
| 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 | 99.27 |
| Downside Intraday Target | 95.63 |
| Upside Intraday Target | 107.47 |
| Upside Intraday Target | 112.03 |
| Upside Intraday Target | 103.83 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 102.90 | 106.50 | 108.40 | 100.20 | 0.678 times |
| 13 Fri Dec 2024 | 106.60 | 109.70 | 110.25 | 104.00 | 0.695 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 |
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 |
| 19 Thu Dec 2024 | 102.90 | 101.05 | 110.75 | 100.20 | 0.716 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 coming down
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 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 107.26 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 coming down
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 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 107.26 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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