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(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 2024-08-19 View latest technical analysis

10 day averaged volume of Canara Bank is 26140991

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	109.90	108.30	111.25	108.08	1.063 times
16 Fri Aug 2024	107.62	108.00	108.41	106.52	1.157 times
14 Wed Aug 2024	105.65	106.75	107.06	105.50	0.5 times
13 Tue Aug 2024	106.69	109.00	110.14	106.25	0.763 times
12 Mon Aug 2024	109.55	109.90	110.76	108.40	0.851 times
09 Fri Aug 2024	110.65	108.00	112.54	107.65	1.142 times
08 Thu Aug 2024	107.15	108.00	108.56	106.50	0.666 times
07 Wed Aug 2024	108.22	106.60	108.56	105.45	0.929 times
06 Tue Aug 2024	105.03	106.75	108.18	104.80	0.718 times
05 Mon Aug 2024	105.26	108.44	108.44	104.04	2.205 times

My analysis of stock is bearish for shortterm, and stock might move down till 107.1 or till 102.9. Use a stoploss of 110.56 and if the stock hits stoploss, then it can shoot up till 114.04

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	96.20
Downside Target	104.04
Downside Target	108.08
Upside Target	115.49
Upside Target	115.60
Upside Target	117.82
Upside Target	120.19
Upside Target	128.90
Upside Target	562.70
Upside Target	629.70
Upside Target	632.90

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	108.24
Downside Intraday Target	106.57
Upside Intraday Target	111.41
Upside Intraday Target	112.91
Downside Intraday Target	109.74

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	109.90	108.30	111.25	108.08	0.325 times
16 Fri Aug 2024	107.62	109.90	110.76	105.50	0.578 times
09 Fri Aug 2024	110.65	108.44	112.54	104.04	1.062 times
02 Fri Aug 2024	110.49	115.20	117.82	110.05	0.683 times
26 Fri Jul 2024	113.86	112.80	115.49	109.00	1.438 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
19 Mon Aug 2024	109.90	115.50	115.60	104.04	0.48 times
31 Wed Jul 2024	114.71	119.35	120.19	109.00	0.648 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

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 Weak 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 and selling is picking up 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 107.52 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.