Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-04 View latest technical analysis

10 day averaged volume of Canara Bank is 16184505

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	108.60	108.05	109.65	107.90	1.764 times
03 Tue Sep 2024	111.42	113.10	113.46	111.20	1.036 times
02 Mon Sep 2024	112.77	111.86	113.35	110.01	1.761 times
30 Fri Aug 2024	111.53	110.55	112.40	110.54	1.321 times
29 Thu Aug 2024	110.28	110.23	110.75	108.85	0.815 times
28 Wed Aug 2024	110.23	111.10	111.20	109.82	0.722 times
27 Tue Aug 2024	110.85	111.41	112.02	110.50	0.748 times
26 Mon Aug 2024	111.41	113.16	113.19	111.17	0.967 times
23 Fri Aug 2024	112.10	112.60	112.99	111.81	0.817 times
22 Thu Aug 2024	112.33	112.00	112.66	111.81	0.863 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 108 as stoploss in an intra day buy trade for a target of 110. However, stock will show a bearish move below 108.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	96.20
Downside Target	104.04
Downside Target	107.90
Upside Target	112.99
Upside Target	113.19
Upside Target	113.46
Upside Target	115.60
Upside Target	120.19
Upside Target	128.90
Upside Target	632.90

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	106.51
Downside Intraday Target	104.43
Upside Intraday Target	112.07
Upside Intraday Target	115.55
Upside Intraday Target	109.99

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	108.60	111.86	113.46	107.90	0.997 times
30 Fri Aug 2024	111.53	113.16	113.19	108.85	0.782 times
23 Fri Aug 2024	112.10	108.30	112.99	108.08	1.106 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

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 (CANBK)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	108.60	111.86	113.46	107.90	0.162 times
30 Fri Aug 2024	111.53	115.50	115.60	104.04	0.694 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

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 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 ( (CANBK) ) 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 ( (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 gaining 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. Bulls are getting tired and bears are picking up momentum.

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 111.11 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.