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 2024-09-24 View latest technical analysis

10 day averaged volume of Canara Bank is 22683961

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	109.29	109.30	110.50	108.65	1.251 times
23 Mon Sep 2024	109.30	105.80	109.80	105.05	1.94 times
20 Fri Sep 2024	104.96	105.11	106.30	104.70	0.893 times
19 Thu Sep 2024	104.71	106.00	106.85	102.72	0.838 times
18 Wed Sep 2024	105.45	105.10	106.59	105.01	0.76 times
17 Tue Sep 2024	105.54	106.72	106.78	105.34	0.481 times
16 Mon Sep 2024	106.69	106.90	108.18	106.45	0.82 times
13 Fri Sep 2024	106.39	104.45	107.25	104.10	1.326 times
12 Thu Sep 2024	103.99	102.70	104.30	101.92	1.044 times
11 Wed Sep 2024	101.75	103.61	104.10	101.10	0.916 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 110.2 as stoploss in an intra day sell trade for a target of 107.11. However, stock will show a bullish move above 110.2.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	96.20
Downside Target	100.69
Downside Target	102.72
Downside Target	107.25
Upside Target	111.80
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	106.06
Downside Intraday Target	102.83
Upside Intraday Target	111.51
Upside Intraday Target	113.73
Downside Intraday Target	108.28

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	109.29	105.80	110.50	105.05	0.842 times
20 Fri Sep 2024	104.96	106.90	108.18	102.72	0.604 times
13 Fri Sep 2024	106.39	103.60	107.25	100.69	0.876 times
06 Fri Sep 2024	103.38	111.86	113.46	102.95	2.197 times
30 Fri Aug 2024	111.53	113.16	113.19	108.85	0.782 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
24 Tue Sep 2024	109.29	111.86	113.46	100.69	1.016 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 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 to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 106.29 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 rising upwards.

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 is giving positive 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.