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 2024-01-08 View latest technical analysis

10 day averaged volume of Canara Bank is 7872308

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	450.50	461.50	463.00	449.15	0.737 times
05 Fri Jan 2024	461.95	468.00	469.25	455.85	0.878 times
04 Thu Jan 2024	465.30	462.30	466.80	457.00	1.117 times
03 Wed Jan 2024	458.25	450.00	462.75	444.35	2.464 times
02 Tue Jan 2024	443.95	441.85	450.50	440.20	0.843 times
01 Mon Jan 2024	442.40	440.50	445.90	438.00	0.551 times
29 Fri Dec 2023	437.50	442.00	442.00	435.95	0.53 times
28 Thu Dec 2023	441.10	441.00	446.70	439.40	1.808 times
27 Wed Dec 2023	432.50	426.90	435.25	426.50	0.669 times
26 Tue Dec 2023	425.40	428.00	430.60	424.60	0.444 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 454.4 as stoploss in an intra day sell trade for a target of 443.42. However, stock will show a bullish move above 454.4.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	319.70
Downside Target	342.10
Downside Target	380.00
Downside Target	405.00
Downside Target	424.60
Downside Target	438.00
Downside Target	449.15
Upside Target	450.95
Upside Target	454.70
Upside Target	463.00
Upside Target	469.25

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	445.43
Downside Intraday Target	440.37
Upside Intraday Target	459.28
Upside Intraday Target	468.07
Upside Intraday Target	454.22

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	450.50	461.50	463.00	449.15	0.126 times
05 Fri Jan 2024	461.95	440.50	469.25	438.00	1.696 times
29 Fri Dec 2023	437.50	428.00	446.70	424.60	0.792 times
22 Fri Dec 2023	426.05	449.20	450.95	413.45	1.004 times
15 Fri Dec 2023	449.15	440.00	454.70	438.35	0.806 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
08 Mon Jan 2024	450.50	440.50	469.25	438.00	0.351 times
29 Fri Dec 2023	437.50	405.50	454.70	405.00	1.399 times
30 Thu Nov 2023	403.05	384.30	411.00	380.00	0.643 times
31 Tue Oct 2023	384.35	376.25	390.65	342.10	0.663 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 449.37 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.