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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 2025-02-04 View latest technical analysis

10 day averaged volume of Canara Bank is 24349757

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	92.84	91.50	93.15	91.35	0.773 times
03 Mon Feb 2025	90.61	91.91	92.02	89.47	0.754 times
31 Fri Jan 2025	93.27	91.40	94.00	90.75	1.375 times
30 Thu Jan 2025	90.91	92.40	92.40	90.50	1.103 times
29 Wed Jan 2025	91.93	92.80	92.85	91.33	0.968 times
28 Tue Jan 2025	91.82	93.70	95.00	90.32	1.729 times
27 Mon Jan 2025	91.93	96.00	97.60	90.88	1.84 times
24 Fri Jan 2025	96.75	98.15	98.68	96.41	0.518 times
23 Thu Jan 2025	98.15	97.70	98.85	96.88	0.471 times
22 Wed Jan 2025	97.82	99.40	99.59	95.72	0.735 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 91.4 as stoploss in an intra day buy trade for a target of 94.69. However, stock will show a bearish move below 91.4.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	87.79
Downside Target	92.52
Upside Target	95.72
Upside Target	98.37
Upside Target	98.70
Upside Target	101.77
Upside Target	102.00
Upside Target	103.14
Upside Target	106.49
Upside Target	110.80
Upside Target	112.46

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	90.49
Downside Intraday Target	88.14
Upside Intraday Target	94.17
Upside Intraday Target	95.5
Downside Intraday Target	91.82

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	92.84	91.91	93.15	89.47	0.218 times
31 Fri Jan 2025	93.27	96.00	97.60	90.32	2.036 times
24 Fri Jan 2025	96.75	98.11	102.00	95.72	0.579 times
17 Fri Jan 2025	97.88	92.15	98.37	87.79	1.37 times
10 Fri Jan 2025	92.83	101.45	101.77	92.65	1.072 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 Tue Feb 2025	92.84	91.91	93.15	89.47	0.068 times
31 Fri Jan 2025	93.27	100.55	103.14	87.79	1.199 times
31 Tue Dec 2024	100.12	101.69	110.80	98.70	1.074 times
29 Fri Nov 2024	102.01	103.80	106.49	92.52	0.819 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 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal for Canara Bank in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 92.9 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.