(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 298853
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 273.70 | 279.05 | 281.40 | 272.30 | 1.427 times |
| 23 Thu Mar 2023 | 280.75 | 283.55 | 287.00 | 279.55 | 0.533 times |
| 22 Wed Mar 2023 | 284.75 | 285.00 | 288.40 | 283.95 | 0.511 times |
| 21 Tue Mar 2023 | 283.95 | 279.95 | 285.45 | 277.05 | 1.118 times |
| 20 Mon Mar 2023 | 278.05 | 280.95 | 280.95 | 273.75 | 0.993 times |
| 17 Fri Mar 2023 | 281.75 | 286.55 | 286.55 | 276.60 | 0.821 times |
| 16 Thu Mar 2023 | 281.60 | 280.90 | 285.55 | 275.80 | 0.771 times |
| 15 Wed Mar 2023 | 280.95 | 288.05 | 290.70 | 279.00 | 0.549 times |
| 14 Tue Mar 2023 | 286.20 | 288.95 | 289.70 | 281.35 | 1.968 times |
| 13 Mon Mar 2023 | 288.65 | 297.45 | 303.50 | 287.60 | 1.204 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 276.1, but if it comes above 276.1, then a intra day buy could be more profitable.
If you take a sell trade below 276.1, then use 276.1 as stoploss and 261.9 as target. However if you take a buy trade in stock , then use 276.1 as stoploss and 287.85 as target.
Share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Target | 268.85 |
| Upside Target | 283.75 |
| Upside Target | 295.35 |
| Upside Target | 303.50 |
| Upside Target | 306.00 |
| Upside Target | 309.00 |
| Upside Target | 313.75 |
| Upside Target | 334.00 |
| Upside Target | 336.65 |
| Upside Target | 341.60 |
Intraday share price targets for Canara Bank (CanaraBank)
| Target Type | Value |
| Downside Intraday Target | 267.87 |
| Downside Intraday Target | 262.03 |
| Upside Intraday Target | 283.97 |
| Upside Intraday Target | 294.23 |
| Upside Intraday Target | 278.13 |
Weekly technical analysis of Canara Bank (CanaraBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 273.70 | 280.95 | 288.40 | 272.30 | 0.862 times |
| 17 Fri Mar 2023 | 281.75 | 297.45 | 303.50 | 275.80 | 1.061 times |
| 10 Fri Mar 2023 | 298.10 | 306.30 | 313.75 | 295.35 | 0.819 times |
| 03 Fri Mar 2023 | 305.25 | 271.05 | 306.00 | 269.75 | 1.503 times |
| 24 Fri Feb 2023 | 271.05 | 293.30 | 296.00 | 268.85 | 1.267 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 |
| 24 Fri Mar 2023 | 273.70 | 279.00 | 313.75 | 272.30 | 0.951 times |
| 28 Tue Feb 2023 | 279.45 | 307.55 | 309.00 | 268.85 | 0.795 times |
| 31 Tue Jan 2023 | 303.80 | 335.60 | 341.60 | 283.75 | 0.729 times |
| 30 Fri Dec 2022 | 333.55 | 316.30 | 336.65 | 288.20 | 1.242 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 35, 33 | Sell |
| MACD | -8, -7 | Sell |
| Stochastics | 18 | Sell |
| CCI | -141 | Sell |
| RSI | 43 | Sell |
| OBV | 183165 | Sell |
| VWAP | 282 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Canara Bank ( (CanaraBank) ) based on a short 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 short 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 short to mid 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 282.24 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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