(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 2024-07-16 View latest technical analysis
10 day averaged volume of Canara Bank is 25483194
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Jul 2024 | 116.04 | 117.60 | 118.11 | 115.60 | 1.354 times |
15 Mon Jul 2024 | 117.25 | 113.25 | 117.55 | 112.40 | 1.937 times |
12 Fri Jul 2024 | 112.72 | 114.73 | 114.80 | 112.30 | 0.879 times |
11 Thu Jul 2024 | 114.15 | 115.30 | 115.45 | 113.80 | 0.532 times |
10 Wed Jul 2024 | 114.76 | 116.25 | 116.25 | 112.90 | 0.902 times |
09 Tue Jul 2024 | 116.00 | 115.00 | 117.25 | 114.90 | 1.29 times |
08 Mon Jul 2024 | 114.89 | 117.50 | 118.08 | 114.66 | 1.336 times |
05 Fri Jul 2024 | 117.76 | 117.00 | 117.98 | 116.52 | 0.789 times |
04 Thu Jul 2024 | 117.27 | 117.70 | 118.00 | 116.35 | 0.789 times |
03 Wed Jul 2024 | 117.05 | 117.10 | 117.99 | 116.50 | 0.628 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 115.2 as stoploss in an intra day buy trade for a target of 117.33. However, stock will show a bearish move below 115.2.
Share price targets for Canara Bank (CANBK)
Target Type | Value |
Downside Target | 96.20 |
Downside Target | 111.80 |
Downside Target | 115.50 |
Upside Target | 121.89 |
Upside Target | 122.85 |
Upside Target | 128.90 |
Upside Target | 529.10 |
Upside Target | 562.70 |
Upside Target | 606.30 |
Upside Target | 629.70 |
Upside Target | 632.90 |
Intraday share price targets for Canara Bank (CANBK)
Target Type | Value |
Downside Intraday Target | 112.92 |
Downside Intraday Target | 109.81 |
Upside Intraday Target | 118.63 |
Upside Intraday Target | 121.23 |
Downside Intraday Target | 115.52 |
Weekly technical analysis of Canara Bank (CANBK)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Jul 2024 | 116.04 | 113.25 | 118.11 | 112.40 | 0.667 times |
12 Fri Jul 2024 | 112.72 | 117.50 | 118.08 | 112.30 | 1.257 times |
05 Fri Jul 2024 | 117.76 | 119.35 | 120.19 | 115.50 | 0.573 times |
28 Fri Jun 2024 | 119.47 | 118.00 | 121.89 | 116.21 | 1.334 times |
21 Fri Jun 2024 | 119.12 | 121.85 | 122.85 | 118.50 | 0.607 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 (CANBK)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Tue Jul 2024 | 116.04 | 119.35 | 120.19 | 112.30 | 0.306 times |
28 Fri Jun 2024 | 119.47 | 124.80 | 128.90 | 96.20 | 1.21 times |
31 Fri May 2024 | 118.00 | 623.85 | 632.90 | 111.80 | 6.427 times |
30 Tue Apr 2024 | 621.95 | 585.45 | 629.70 | 562.70 | 0.969 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Canara Bank ( (CANBK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a buy signal for Canara Bank in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 115.91 and Canara Bank (CANBK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Canara Bank ( (CANBK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 losing momentum.
MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canara Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a buy signal for Canara Bank in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 115.91 and Canara Bank (CANBK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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
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Daily charts
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