(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)
10 day averaged volume of Canara Bank is 315419
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 625.40 | 631.85 | 632.65 | 619.00 | 1.001 times |
| 02 Thu May 2024 | 628.80 | 624.55 | 631.15 | 623.00 | 0.381 times |
| 30 Tue Apr 2024 | 621.85 | 624.00 | 629.65 | 619.00 | 1.313 times |
| 29 Mon Apr 2024 | 621.05 | 624.20 | 624.75 | 613.60 | 0.564 times |
| 26 Fri Apr 2024 | 617.55 | 617.85 | 624.30 | 614.25 | 0.638 times |
| 25 Thu Apr 2024 | 616.45 | 596.55 | 620.90 | 594.65 | 2.584 times |
| 24 Wed Apr 2024 | 597.00 | 605.65 | 605.65 | 596.30 | 0.765 times |
| 23 Tue Apr 2024 | 601.55 | 604.05 | 607.80 | 599.20 | 1.236 times |
| 22 Mon Apr 2024 | 599.90 | 586.00 | 601.85 | 585.00 | 1.103 times |
| 19 Fri Apr 2024 | 578.70 | 574.35 | 584.30 | 562.90 | 1.105 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 620.6, but if it comes below 620.6, then a intra day sell could be more profitable.
If you take a sell trade below 620.6, then use 620.6 as stoploss and 606.83 as target. However if you take a buy trade in stock , then use 620.6 as stoploss and 637.2 as target.
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 | 619.00 |
| Downside Target | 620.00 |
| Downside Target | 624.30 |
| Upside Target | 629.65 |
| Upside Target | 632.65 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 615.12 |
| Downside Intraday Target | 604.83 |
| Upside Intraday Target | 634.17 |
| Upside Intraday Target | 642.93 |
| Downside Intraday Target | 623.88 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 625.40 | 624.20 | 632.65 | 613.60 | 0.515 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 |
| 03 Fri May 2024 | 625.40 | 624.55 | 632.65 | 619.00 | 0.075 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 Weak 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 SELL signal for Canara Bank in short term but SELL signal is weak.
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
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 609.98 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 Weak 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 SELL signal for Canara Bank in short term but SELL signal is weak.
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
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 609.98 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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