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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 2024-02-26 View latest technical analysis

10 day averaged volume of Canara Bank is 9887998

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	573.25	584.00	584.00	570.00	0.82 times
23 Fri Feb 2024	580.45	585.00	598.80	578.15	1.664 times
22 Thu Feb 2024	582.20	573.00	584.70	563.45	0.814 times
21 Wed Feb 2024	567.35	569.50	582.75	564.05	1.135 times
20 Tue Feb 2024	569.00	571.50	572.85	567.20	0.47 times
19 Mon Feb 2024	572.85	587.30	587.95	570.15	0.612 times
16 Fri Feb 2024	585.85	588.10	589.80	576.30	0.914 times
15 Thu Feb 2024	587.05	569.05	594.70	567.60	1.622 times
14 Wed Feb 2024	566.45	545.00	568.95	543.00	0.831 times
13 Tue Feb 2024	552.20	548.00	554.75	534.60	0.902 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 583.3 as stoploss in an intra day sell trade for a target of 549.59. However, stock will show a bullish move above 583.3.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	342.10
Downside Target	380.00
Downside Target	390.65
Downside Target	405.00
Downside Target	438.00
Downside Target	454.70
Downside Target	468.10
Downside Target	479.35
Downside Target	511.45
Downside Target	522.30
Downside Target	534.60
Downside Target	563.45
Upside Target	584.00
Upside Target	594.70
Upside Target	598.80

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	567.5
Downside Intraday Target	561.75
Upside Intraday Target	581.5
Upside Intraday Target	589.75
Upside Intraday Target	575.75

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	573.25	584.00	584.00	570.00	0.175 times
23 Fri Feb 2024	580.45	587.30	598.80	563.45	0.885 times
16 Fri Feb 2024	585.85	574.00	594.70	534.60	0.743 times
09 Fri Feb 2024	571.00	518.70	579.90	511.45	1.386 times
02 Fri Feb 2024	514.35	469.90	522.30	468.10	0.982 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
26 Mon Feb 2024	573.25	483.00	598.80	479.35	1.161 times
31 Wed Jan 2024	482.00	440.50	485.00	438.00	1.206 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

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 575.25 and Canara Bank (CANBK) stock is trading below this level. This means that stock is falling with high volumes. 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.