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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 2024-12-12 View latest technical analysis

10 day averaged volume of Canara Bank is 27333863

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	107.50	108.11	108.75	107.35	0.387 times
11 Wed Dec 2024	108.75	109.10	109.98	108.51	0.389 times
10 Tue Dec 2024	109.68	109.51	110.20	108.76	0.714 times
09 Mon Dec 2024	108.99	109.60	110.25	108.66	0.626 times
06 Fri Dec 2024	109.32	110.00	110.80	107.72	2.194 times
05 Thu Dec 2024	108.17	109.32	109.32	107.05	0.914 times
04 Wed Dec 2024	108.63	105.90	109.45	105.57	1.976 times
03 Tue Dec 2024	105.12	102.00	105.40	102.00	0.988 times
02 Mon Dec 2024	101.71	101.69	102.19	101.15	0.634 times
29 Fri Nov 2024	102.01	103.34	103.75	100.75	0.776 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 107.8 as stoploss in an intra day sell trade for a target of 103.02. However, stock will show a bullish move above 107.8.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	92.52
Downside Target	97.22
Downside Target	99.38
Downside Target	103.75
Downside Target	106.49
Downside Target	107.35
Upside Target	110.25
Upside Target	110.80
Upside Target	112.46
Upside Target	113.50
Upside Target	115.60

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	106.48
Downside Intraday Target	105.47
Upside Intraday Target	109.38
Upside Intraday Target	111.27
Upside Intraday Target	108.37

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	107.50	109.60	110.25	107.35	0.316 times
06 Fri Dec 2024	109.32	101.69	110.80	101.15	1.568 times
29 Fri Nov 2024	102.01	100.00	103.75	99.38	1.102 times
22 Fri Nov 2024	97.01	97.50	101.27	92.52	1.366 times
14 Thu Nov 2024	97.49	103.00	105.14	97.22	0.639 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
12 Thu Dec 2024	107.50	101.69	110.80	101.15	0.565 times
29 Fri Nov 2024	102.01	103.80	106.49	92.52	0.819 times
31 Thu Oct 2024	102.65	111.05	112.46	92.98	0.798 times
30 Mon Sep 2024	111.33	111.86	113.50	100.69	1.43 times

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Canara Bank in short term and the buy signal is strong.

Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 107.45 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.