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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 2024-12-20 View latest technical analysis

10 day averaged volume of Canara Bank is 1056210

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	99.65	102.40	103.20	99.40	1.189 times
19 Thu Dec 2024	102.90	100.20	104.00	100.20	0.923 times
18 Wed Dec 2024	103.25	104.90	105.00	102.80	0.478 times
17 Tue Dec 2024	105.15	107.25	107.25	105.00	0.657 times
16 Mon Dec 2024	107.30	106.50	108.40	106.40	1.169 times
13 Fri Dec 2024	106.60	106.60	107.35	104.00	1.383 times
12 Thu Dec 2024	107.50	108.55	108.70	107.35	1.103 times
11 Wed Dec 2024	108.90	109.40	110.05	108.50	1.221 times
10 Tue Dec 2024	109.75	109.05	110.20	108.80	0.494 times
09 Mon Dec 2024	108.95	109.70	110.25	108.60	0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 101.9, but if it comes above 101.9, then a intra day buy could be more profitable.
If you take a sell trade below 101.9, then use 101.9 as stoploss and 98 as target. However if you take a buy trade in stock , then use 101.9 as stoploss and 105.1 as target.

Share price targets for Canara Bank (CanaraBank)

Target Type	Value
Downside Target	92.55
Downside Target	99.40
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	96.57
Downside Intraday Target	93.48
Upside Intraday Target	105.57
Upside Intraday Target	111.48
Upside Intraday Target	102.48

Weekly technical analysis of Canara Bank (CanaraBank)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	99.65	106.50	108.40	99.40	0.928 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
20 Fri Dec 2024	99.65	101.05	110.75	99.40	0.774 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.

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 but buying is losing 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 105.87 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.