(CANBK) Canara Bank complete technical analysis [charts+indicators] | Buy/Sell Canara Bank | (CANBK) share price targets
Complete technical analysis of Canara Bank (CANBK) by charts plus indicators, forecast predictions and share price targets for Canara Bank (CANBK)
Canara Bank trades in NSE in Banks sector.
Showing technical analysis as on 2024-05-10 View latest technical analysis
10 day averaged volume of Canara Bank is 9954739
Date | Daily Closing Price | Open | High | Low | Volume |
10 Fri May 2024 | 548.15 | 550.00 | 557.20 | 540.70 | 0.781 times |
09 Thu May 2024 | 545.50 | 563.00 | 568.00 | 542.00 | 1.318 times |
08 Wed May 2024 | 557.70 | 579.70 | 598.50 | 554.05 | 2.298 times |
07 Tue May 2024 | 576.75 | 595.35 | 596.75 | 572.00 | 0.869 times |
06 Mon May 2024 | 591.80 | 627.15 | 628.95 | 588.30 | 1.312 times |
03 Fri May 2024 | 625.65 | 632.90 | 632.90 | 619.00 | 0.4 times |
02 Thu May 2024 | 628.60 | 623.85 | 631.00 | 623.05 | 0.434 times |
30 Tue Apr 2024 | 621.95 | 624.50 | 629.70 | 619.05 | 0.817 times |
29 Mon Apr 2024 | 620.85 | 622.45 | 624.75 | 614.20 | 0.798 times |
26 Fri Apr 2024 | 617.60 | 617.25 | 624.40 | 614.10 | 0.599 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 541.8, for a target of 571 or 595.39
Share price targets for Canara Bank (CANBK)
Target Type | Value |
Downside Target | 438.00 |
Downside Target | 479.35 |
Downside Target | 529.10 |
Downside Target | 540.70 |
Upside Target | 562.70 |
Upside Target | 584.45 |
Upside Target | 598.80 |
Upside Target | 618.95 |
Upside Target | 624.40 |
Upside Target | 628.95 |
Upside Target | 629.70 |
Upside Target | 632.90 |
Intraday share price targets for Canara Bank (CANBK)
Target Type | Value |
Downside Intraday Target | 516.25 |
Downside Intraday Target | 484.35 |
Upside Intraday Target | 604.5 |
Upside Intraday Target | 660.85 |
Upside Intraday Target | 572.6 |
Weekly technical analysis of Canara Bank (CANBK)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Fri May 2024 | 548.15 | 627.15 | 628.95 | 540.70 | 2.686 times |
03 Fri May 2024 | 625.65 | 622.45 | 632.90 | 614.20 | 0.637 times |
26 Fri Apr 2024 | 617.60 | 585.05 | 624.40 | 584.45 | 1.417 times |
19 Fri Apr 2024 | 578.75 | 598.00 | 605.95 | 562.70 | 1.611 times |
12 Fri Apr 2024 | 605.85 | 618.95 | 618.95 | 603.70 | 0.52 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Canara Bank (CANBK)
Date | Monthly Closing Price | Open | High | Low | Volume |
10 Fri May 2024 | 548.15 | 623.85 | 632.90 | 540.70 | 0.566 times |
30 Tue Apr 2024 | 621.95 | 585.45 | 629.70 | 562.70 | 0.969 times |
28 Thu Mar 2024 | 581.05 | 570.00 | 606.30 | 529.10 | 0.56 times |
29 Thu Feb 2024 | 564.45 | 483.00 | 598.80 | 479.35 | 1.345 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 (CANBK)
Price action analysis of Canara Bank ( (CANBK) ) 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 ( (CANBK) ) 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 ( (CANBK) ) 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 ( (CANBK) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 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 582.06 and Canara Bank (CANBK) 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 (CANBK) stock. Volume based technical analysis of Canara Bank (CANBK) 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 ( (CANBK) ) 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 ( (CANBK) ) 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 ( (CANBK) ) 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 ( (CANBK) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 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 582.06 and Canara Bank (CANBK) 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 (CANBK) stock. Volume based technical analysis of Canara Bank (CANBK) 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.
Click here for Canara Bank charts
Click here for further forecast and predictions for tomorrow
Daily charts
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