(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.
10 day averaged volume of Canara Bank is 28694682
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 117.76 | 117.00 | 117.98 | 116.52 | 0.701 times |
04 Thu Jul 2024 | 117.27 | 117.70 | 118.00 | 116.35 | 0.701 times |
03 Wed Jul 2024 | 117.05 | 117.10 | 117.99 | 116.50 | 0.558 times |
02 Tue Jul 2024 | 116.25 | 118.80 | 118.98 | 115.50 | 0.815 times |
01 Mon Jul 2024 | 118.36 | 119.35 | 120.19 | 117.90 | 0.715 times |
28 Fri Jun 2024 | 119.47 | 118.25 | 121.89 | 118.25 | 1.523 times |
27 Thu Jun 2024 | 118.11 | 118.18 | 119.40 | 116.84 | 0.98 times |
26 Wed Jun 2024 | 118.69 | 117.95 | 119.37 | 117.21 | 0.753 times |
25 Tue Jun 2024 | 118.05 | 119.24 | 119.74 | 116.85 | 1.288 times |
24 Mon Jun 2024 | 118.27 | 118.00 | 121.57 | 116.21 | 1.541 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 117.6 as stoploss in an intra day buy trade for a target of 119.47. However, stock will show a bearish move below 117.6.
Share price targets for Canara Bank (CANBK)
Target Type | Value |
Downside Target | 96.20 |
Downside Target | 111.80 |
Downside Target | 115.50 |
Upside Target | 125.00 |
Upside Target | 128.90 |
Upside Target | 529.10 |
Upside Target | 562.70 |
Upside Target | 606.30 |
Upside Target | 629.70 |
Upside Target | 632.90 |
Intraday share price targets for Canara Bank (CANBK)
Target Type | Value |
Downside Intraday Target | 115.44 |
Downside Intraday Target | 113.13 |
Upside Intraday Target | 120.13 |
Upside Intraday Target | 122.51 |
Upside Intraday Target | 117.82 |
Weekly technical analysis of Canara Bank (CANBK)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 117.76 | 119.35 | 120.19 | 115.50 | 0.573 times |
28 Fri Jun 2024 | 119.47 | 118.00 | 121.89 | 116.21 | 1.334 times |
21 Fri Jun 2024 | 119.12 | 121.85 | 122.85 | 118.50 | 0.607 times |
14 Fri Jun 2024 | 120.81 | 120.00 | 125.00 | 119.30 | 0.438 times |
07 Fri Jun 2024 | 118.90 | 124.80 | 128.90 | 96.20 | 1.159 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 |
05 Fri Jul 2024 | 117.76 | 119.35 | 120.19 | 115.50 | 0.099 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 |
30 Tue Apr 2024 | 621.95 | 585.45 | 629.70 | 562.70 | 0.969 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 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 Strong 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 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 and selling is picking up 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 118.1 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 Strong 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 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 and selling is picking up 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 118.1 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Canara Bank charts
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Daily charts
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