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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 2024-01-25 View latest technical analysis

10 day averaged volume of Canara Bank is 8179105

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	465.30	455.10	469.45	453.40	1.511 times
24 Wed Jan 2024	454.30	458.80	459.65	443.00	2.544 times
23 Tue Jan 2024	455.90	482.40	484.90	450.25	1.657 times
22 Mon Jan 2024	477.00	468.75	482.20	464.35	0.634 times
19 Fri Jan 2024	466.65	461.00	467.85	459.80	0.789 times
18 Thu Jan 2024	458.25	455.80	460.50	441.50	0.854 times
17 Wed Jan 2024	456.80	456.05	466.00	452.60	0.823 times
16 Tue Jan 2024	464.95	464.65	471.35	461.20	0.637 times
15 Mon Jan 2024	465.40	465.75	468.35	462.40	0.424 times
12 Fri Jan 2024	462.25	456.00	466.00	452.90	1.105 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 466.4 as stoploss in an intra day sell trade for a target of 457.02. However, stock will show a bullish move above 466.4.

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	446.70
Downside Target	454.70
Upside Target	466.00
Upside Target	469.25
Upside Target	471.35
Upside Target	484.90

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	443.9
Downside Intraday Target	422.5
Upside Intraday Target	485.8
Upside Intraday Target	506.3
Downside Intraday Target	464.4

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	465.30	468.75	484.90	443.00	1.799 times
19 Fri Jan 2024	466.65	465.75	471.35	441.50	0.957 times
12 Fri Jan 2024	462.25	461.50	466.00	443.05	0.654 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Canara Bank (CANBK)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	465.30	440.50	484.90	438.00	1.061 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 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Canara Bank in short term but the sell signal is initial and weak.

Canara Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 460.6 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.